Simon Property Group Acquisition Holdings (Simon Property Group Acquisition Holdings) PB Ratio : 1.31 (As of May. 29, 2024)

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What is Simon Property Group Acquisition Holdings 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 (2024-05-29), Simon Property Group Acquisition Holdings's share price is $10.089. Simon Property Group Acquisition Holdings's Book Value per Share for the quarter that ended in Sep. 2022 was $7.72. Hence, Simon Property Group Acquisition Holdings's PB Ratio of today is 1.31.

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

SPGS's PB Ratio is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 1.885
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

Simon Property Group Acquisition Holdings PB Ratio Historical Data

The historical data trend for Simon Property Group Acquisition Holdings'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.

Simon Property Group Acquisition Holdings PB Ratio Chart

Simon Property Group Acquisition Holdings Annual Data

Trend

Dec20

Dec21

PB Ratio

1.31

Simon Property Group Acquisition Holdings Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
PB Ratio	Get a 7-Day Free Trial			1.31	1.31	1.29	1.28	1.28

Competitive Comparison of Simon Property Group Acquisition Holdings's PB Ratio

For the Shell Companies subindustry, Simon Property Group Acquisition Holdings'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.

Simon Property Group Acquisition Holdings's PB Ratio Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Simon Property Group Acquisition Holdings's PB Ratio falls into.

Simon Property Group Acquisition Holdings 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.

Simon Property Group Acquisition Holdings's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2022)
	=	10.089	/	7.716
	=	1.31

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

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Simon Property Group Acquisition Holdings (NYSE:SPGS) 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.

Simon Property Group Acquisition Holdings PB Ratio Related Terms

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Simon Property Group Acquisition Holdings (Simon Property Group Acquisition Holdings) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Simon Property Group Acquisition Holdings Inc (NYSE:SPGS) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

225 West Washington Street, Indianapolis, IN, USA, 46204

Website

https://www.simonacquisitionholdings.com

Simon Property Group Acquisition Holdings Inc is a blank check company formed for the purpose of entering into a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more businesses.

Executives

Brian J. Mcdade	officer: Chief Financial Officer	225 W. WASHINGTON ST., INDIANAPOLIS IN 46204
Eli Simon	director, officer: Chief Executive Officer	225 W. WASHINGTON ST., INDIANAPOLIS IN 46204
David Simon	director, 10 percent owner, other: Chairman of the Board	115 WEST WASHINGTON, INDIANAPOLIS IN 46204
Steven E Fivel	officer: Vice President	C/O BRIGHTPOINT INC, 7635 INTERACTIVE WAY, SUITE 200, INDIANAPOLIS IN 46278
Stanley N. Shashoua	officer: Vice President	225 W. WASHINGTON ST., INDIANAPOLIS IN 46204
Simon Property Group Inc /de/	director, officer: Chairman, CEO & President (2)	225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204-3438
Benjamin Weprin	director	C/O JAWS INVESTMENT, 1601 WASHINGTON AVENUE, SUITE 800, MIAMI BEACH FL 33139
Scarlett O'sullivan	director	225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204
Spg Sponsor, Llc	other: See footnote (2)	225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204
Bippy Siegal	director	225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204
M.s. Management Associates, Inc.	other: See footnote (2)	225 WEST WASHINGTON STREET, INDIANAPOLIS IN 46204