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Insight Acquisition (Insight Acquisition) PB Ratio : (As of May. 21, 2024)


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What is Insight 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 (2024-05-21), Insight Acquisition's share price is $11.60. Insight Acquisition's Book Value per Share for the quarter that ended in Dec. 2023 was $-0.02. Hence, Insight Acquisition's PB Ratio of today is .

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

During the past 3 years, Insight Acquisition's highest PB Ratio was 4.86. The lowest was 0.00. And the median was 0.00.

INAQ's PB Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.9
* Ranked among companies with meaningful PB Ratio only.

During the past 12 months, Insight Acquisition's average Book Value Per Share Growth Rate was -100.30% per year.

Back to Basics: PB Ratio

Insight Acquisition PB Ratio Historical Data

The historical data trend for Insight 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.

Insight Acquisition PB Ratio Chart

Insight Acquisition Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
1.33 1.31 -

Insight Acquisition Quarterly Data
Apr21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.31 4.09 4.71 - -

Competitive Comparison of Insight Acquisition's PB Ratio

For the Shell Companies subindustry, Insight 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.

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

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

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


Insight 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=11.60/-0.02
=

* 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.

Insight Acquisition  (NAS:INAQ) 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.

Insight Acquisition PB Ratio Related Terms

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Insight Acquisition (Insight Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Insight Acquisition Corp (NAS:INAQ) » Definitions » PB Ratio
Comparable Companies
FRLA FEXD TETE SGII LIVB TRON KVSA OXUS VHAQ GBBK PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
333 East 91st Street, New York, NY, USA, 10128
Website
https://www.insightacqcorp.com
Insight Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.
Executives
Jeff Gary director, 10 percent owner, officer: Chief Executive Officer 390 PARK AVENUE, 15TH FLOOR, NEW YORK NY 10022
Michael Evan Singer director, 10 percent owner, officer: Executive Chairman 200 VESEY STREET, 25TH FLOOR, NEW YORK NY 10281
William Alexander Ullman director 666 THIRD AVENUE, 9TH FLOOR, NEW YORK NY 10017
Insight Acquisition Sponsor Llc 10 percent owner 333 EAST 91ST STREET, NEW YORK NY 10128
Victor Iii Pascucci director C/O INSIGHT ACQUISITION CORP., 333 EAST 91ST STREET, NEW YORK NY 10128
David Brosgol director C/O INSIGHT ACQUISITION CORP., 333 EAST 91ST STREET, NEW YORK NY 10128