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Pono Capital Two (Pono Capital Two) PB Ratio : 5.25 (As of Apr. 30, 2024)


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What is Pono Capital Two 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 (2024-04-30), Pono Capital Two's share price is $13.98. Pono Capital Two's Book Value per Share for the quarter that ended in Dec. 2023 was $2.66. Hence, Pono Capital Two's PB Ratio of today is 5.25.

The historical rank and industry rank for Pono Capital Two's PB Ratio or its related term are showing as below:

PTWO' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.64
Current: 5.26

During the past 2 years, Pono Capital Two's highest PB Ratio was 5.64. The lowest was 0.00. And the median was 0.00.

PTWO's PB Ratio is ranked worse than
84.05% of 533 companies
in the Diversified Financial Services industry
Industry Median: 1.85 vs PTWO: 5.26

During the past 12 months, Pono Capital Two's average Book Value Per Share Growth Rate was -65.20% per year.

Back to Basics: PB Ratio


Pono Capital Two PB Ratio Historical Data

The historical data trend for Pono Capital Two'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.

Pono Capital Two PB Ratio Chart

Pono Capital Two Annual Data
Trend Dec22 Dec23
PB Ratio
1.33 4.05

Pono Capital Two Quarterly Data
May22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial 1.33 1.36 3.75 3.91 4.05

Competitive Comparison of Pono Capital Two's PB Ratio

For the Shell Companies subindustry, Pono Capital Two'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.


Pono Capital Two's PB Ratio Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Pono Capital Two's PB Ratio falls into.



Pono Capital Two 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.

Pono Capital Two's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=13.98/2.662
=5.25

* 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.


Pono Capital Two  (NAS:PTWO) 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.


Pono Capital Two PB Ratio Related Terms

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Pono Capital Two (Pono Capital Two) Business Description

Traded in Other Exchanges
N/A
Address
643 Ilalo Street, Suite 102, Honolulu, HI, USA, 96813
Website
Pono Capital Two Inc is a blank check company.
Executives
Dustin M Shindo director HOKU CORPORATION, 1288 ALA MOANA BLVD STE 220, HONOLULU HI 96814
Mehana Capital Llc 10 percent owner 4348 WAIALAE AVE., #632, HONOLULU HI 96816
Mike K Sayama director 220 SOUTH KING ST., 3RD FLOOR, HONOLULU HI 96813
Trisha Nomura director 643 ILALO STREET, HONOLULU HI 96813
Kotaro Chiba director 643 ILALO STREET, HONOLULU HI 96813
Darryl Nakamoto officer: Chief Executive Officer C/O HOKU CORPORATION, 1288 ALA MOANA BLVD. STE 220, HONOLULU HI 96814
Orman Allison Van officer: Chief Financial Officer 4348 WAIALAE AVE., #632, HONOLULU HI 96816