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Trailblazer Merger I (Trailblazer Merger I) PB Ratio : 1.38 (As of Jun. 15, 2024)


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What is Trailblazer Merger I 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 (2024-06-15), Trailblazer Merger I's share price is $10.8339. Trailblazer Merger I's Book Value per Share for the quarter that ended in Mar. 2024 was $7.86. Hence, Trailblazer Merger I's PB Ratio of today is 1.38.

The historical rank and industry rank for Trailblazer Merger I's PB Ratio or its related term are showing as below:

TBMC' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.41
Current: 1.37

During the past 3 years, Trailblazer Merger I's highest PB Ratio was 1.41. The lowest was 0.00. And the median was 0.00.

TBMC's PB Ratio is ranked better than
62.47% of 493 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs TBMC: 1.37

During the past 12 months, Trailblazer Merger I's average Book Value Per Share Growth Rate was 2.90% per year.

Back to Basics: PB Ratio


Trailblazer Merger I PB Ratio Historical Data

The historical data trend for Trailblazer Merger I'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.

Trailblazer Merger I PB Ratio Chart

Trailblazer Merger I Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- - 1.34

Trailblazer Merger I Quarterly Data
Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only - 1.33 1.33 1.34 1.35

Competitive Comparison of Trailblazer Merger I's PB Ratio

For the Shell Companies subindustry, Trailblazer Merger I'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.


Trailblazer Merger I's PB Ratio Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Trailblazer Merger I's PB Ratio falls into.



Trailblazer Merger I 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.

Trailblazer Merger I's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=10.8339/7.863
=1.38

* 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.


Trailblazer Merger I  (NAS:TBMC) 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.


Trailblazer Merger I PB Ratio Related Terms

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


Trailblazer Merger I (Trailblazer Merger I) Business Description

Traded in Other Exchanges
N/A
Address
510 Madison Avenue, Suite 1401, New York, NY, USA, 10022
Website
Trailblazer Merger Corp I is a blank check company.
Executives
Scott R Burell officer: Chief Financial Officer 6500 HARBOUR HEIGHTS PKWY #303, MUKILTEO WA 98275
Joseph D Hammer director 150 CENTRAL PARK SOUTH, 2ND FLOOR, NEW YORK NY 10019
Arie Rabinowitz director, officer: CEO and Director 510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Barak Avitbul director 510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Olga Castells director 510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Yosef Eichorn officer: Chief Development Officer 510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Trailblazer Sponsor Group, Llc 10 percent owner 510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022
Patrick M. Donovan director 510 MADISON AVENUE, SUITE 1401, NEW YORK NY 10022

Trailblazer Merger I (Trailblazer Merger I) Headlines