Landcadia Holdings III (Landcadia Holdings III) PB Ratio : 1.73 (As of May. 01, 2024)

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What is Landcadia Holdings III 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 (2024-05-01), Landcadia Holdings III's share price is $12.17. Landcadia Holdings III's Book Value per Share for the quarter that ended in Mar. 2021 was $7.02. Hence, Landcadia Holdings III's PB Ratio of today is 1.73.

The historical rank and industry rank for Landcadia Holdings III's PB Ratio or its related term are showing as below:

LCY's PB Ratio is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 1.85
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

Landcadia Holdings III PB Ratio Historical Data

The historical data trend for Landcadia Holdings III'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.

Landcadia Holdings III PB Ratio Chart

Landcadia Holdings III Annual Data

Trend

Dec18

Dec19

Dec20

PB Ratio

1.53

Landcadia Holdings III Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
PB Ratio	Get a 7-Day Free Trial			-	-	-	1.53	1.43

Competitive Comparison of Landcadia Holdings III's PB Ratio

For the Shell Companies subindustry, Landcadia Holdings III'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.

Landcadia Holdings III's PB Ratio Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Landcadia Holdings III's PB Ratio falls into.

Landcadia Holdings III 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.

Landcadia Holdings III's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Mar. 2021)
	=	12.17	/	7.017
	=	1.73

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.

Landcadia Holdings III (NAS:LCY) 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.

Landcadia Holdings III PB Ratio Related Terms

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