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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 (2024-05-24), TPG Pace Beneficial Finance's share price is $10.04. TPG Pace Beneficial Finance's Book Value per Share for the quarter that ended in Jun. 2022 was $7.72. Hence, TPG Pace Beneficial Finance's PB Ratio of today is 1.30.
The historical rank and industry rank for TPG Pace Beneficial Finance's PB Ratio or its related term are showing as below:
The historical data trend for TPG Pace Beneficial Finance'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.
TPG Pace Beneficial Finance Annual Data | |||||||
Trend | Dec19 | Dec20 | Dec21 | ||||
PB Ratio | - | 151.29 | 1.29 |
TPG Pace Beneficial Finance Quarterly Data | ||||||||||||
Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | |
PB Ratio | Get a 7-Day Free Trial | 2.23 | 1.57 | 1.29 | 1.30 | 1.28 |
For the Shell Companies subindustry, TPG Pace Beneficial Finance'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.
For the Diversified Financial Services industry and Financial Services sector, TPG Pace Beneficial Finance's PB Ratio distribution charts can be found below:
* The bar in red indicates where TPG Pace Beneficial Finance's PB Ratio falls into.
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.
TPG Pace Beneficial Finance's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Jun. 2022) |
= | 10.04 | / | 7.716 | |
= | 1.30 |
* 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:
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.
TPG Pace Beneficial Finance (NYSE:TPGY) 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.
Thank you for viewing the detailed overview of TPG Pace Beneficial Finance's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Jon Winkelried | director, 10 percent owner | C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004 |
Tybourne Capital Management (hk) Ltd | 10 percent owner | SUITES 1021-25, 10/F, CHAMPION TOWER, 3 GARDEN ROAD, CENTRAL, HONG KONG K3 XXXXX |
Light Street Mercury Master Fund, L.p. | 10 percent owner | 525 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301 |
Light Street Capital Management, Llc | 10 percent owner | 505 HAMILTON AVENUE, SUITE 110, PALO ALTO CA 94301 |
Viswanathan Krishnan | 10 percent owner | 30/F, AIA CENTRAL, 1 CONNAUGHT ROAD C, HONG KONG K3 00000 |
Tybourne Capital Management Ltd | 10 percent owner | 30/F, AIA CENTRAL, 1 CONNAUGHT ROAD C, HONG KONG K3 XXXXX |
Tybourne Kesari Ltd | 10 percent owner | 30/F, AIA CENTRAL, 1 CONNAUGHT ROAD C, HONG KONG K3 XXXXX |
Glen Thomas Kacher | 10 percent owner | 525 UNIVERSITY AVENUE, SUITE 300, PALO ALTO CA 94301 |
Tpg Pace Beneficial Finance Sponsor, Series Llc | director, 10 percent owner | C/O TPG PACE BENEFICIAL FINANCE CORP.,, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
Chad A Leat | director | C/O UNITED AMERICA INDEMNITY GROUP INC., 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004 |
Maryanne Hancock | director | C/O TPG PACE HOLDINGS, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
Nancy Mahon | director | C/O TPG PACE BENEFICIAL FINANCE CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
Martin Davidson | officer: Chief Financial Officer | C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
Eduardo Tamraz | officer: Secretary | C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
Michael G. Macdougall | officer: President | 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102 |
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