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PORT (Southport Acquisition) PB Ratio : 9.79 (As of Dec. 14, 2024)


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What is Southport Acquisition PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-12-14), Southport Acquisition's share price is $11.15. Southport Acquisition's Book Value per Share for the quarter that ended in Sep. 2024 was $1.14. Hence, Southport Acquisition's PB Ratio of today is 9.79.

The historical rank and industry rank for Southport Acquisition's PB Ratio or its related term are showing as below:

PORT' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 10020
Current: 9.78

During the past 3 years, Southport Acquisition's highest PB Ratio was 10020.00. The lowest was 0.00. And the median was 0.00.

PORT's PB Ratio is ranked worse than
92.63% of 448 companies
in the Diversified Financial Services industry
Industry Median: 1.42 vs PORT: 9.78

During the past 12 months, Southport Acquisition's average Book Value Per Share Growth Rate was -72.10% per year.

Back to Basics: PB Ratio


Southport Acquisition PB Ratio Historical Data

The historical data trend for Southport Acquisition's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Southport Acquisition PB Ratio Chart

Southport Acquisition Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- 1.24 2.55

Southport Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.59 2.55 7.81 8.31 9.66

Competitive Comparison of Southport Acquisition's PB Ratio

For the Shell Companies subindustry, Southport Acquisition's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Southport Acquisition's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Southport Acquisition's PB Ratio distribution charts can be found below:

* The bar in red indicates where Southport Acquisition's PB Ratio falls into.



Southport Acquisition PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Southport Acquisition's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=11.15/1.139
=9.79

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Southport Acquisition  (OTCPK:PORT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Southport Acquisition PB Ratio Related Terms

Thank you for viewing the detailed overview of Southport Acquisition's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Southport Acquisition Business Description

Traded in Other Exchanges
N/A
Address
1745 Grand Avenue, Del Mar, CA, USA, 92014
Website
Southport Acquisition Corp is a blank check company.
Executives
Jennifer Nuckles director 234 1ST ST, SAN FRANCISCO CA 94105
Matthew Royce Hansen director C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014
Sigmund Anderman director ELLIE MAE, INC., 4420 ROSEWOOD DRIVE, SUITE 500, PLEASANTON CA 94588
Jeb S. Spencer director, 10 percent owner, officer: Chief Executive Officer C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014
Gates Cathleen Schreiner director C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014
Jared Walker Stone director, 10 percent owner C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014
Southport Acquisition Sponsor Llc 10 percent owner C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014
David Mark Winfield director C/O SOUTHPORT ACQUISITION CORPORATION, 1745 GRAND AVENUE, DEL MAR CA 92014