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BurTech Acquisition (BurTech Acquisition) PB Ratio

: 3.40 (As of Today)
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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 (2024-04-19), BurTech Acquisition's share price is $10.9789. BurTech Acquisition's Book Value per Share for the quarter that ended in Sep. 2023 was $3.23. Hence, BurTech Acquisition's PB Ratio of today is 3.40.

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

BRKH' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 9972.17
Current: 3.4

During the past 2 years, BurTech Acquisition's highest PB Ratio was 9972.17. The lowest was 0.00. And the median was 0.00.

BRKH's PB Ratio is ranked worse than
73.02% of 530 companies
in the Diversified Financial Services industry
Industry Median: 1.81 vs BRKH: 3.40

During the past 12 months, BurTech Acquisition's average Book Value Per Share Growth Rate was -55.00% per year.

Back to Basics: PB Ratio


BurTech Acquisition PB Ratio Historical Data

The historical data trend for BurTech 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.

BurTech Acquisition Annual Data
Trend Dec21 Dec22
PB Ratio
- 1.41

BurTech Acquisition Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.40 1.41 3.16 3.24 3.27

Competitive Comparison

For the Shell Companies subindustry, BurTech 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.


BurTech Acquisition PB Ratio Distribution

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

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



BurTech 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=10.9789/3.225
=3.40

* 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.


BurTech Acquisition  (NAS:BRKH) 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.


BurTech Acquisition PB Ratio Related Terms

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BurTech Acquisition (BurTech Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
1300 Pennsylvania Avenue North West, Suite 700, Washington, DC, USA, 20004
BurTech Acquisition Corp is a blank check company.
Executives
Patrick Francis Orlando 10 percent owner 212 E 48TH STREET - PHB, NEW YORK NY 10017
Joseph A Porrello director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Shahal Khan director, 10 percent owner, officer: Chief Executive Officer 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Burtech Lp Llc 10 percent owner 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Isaac Chetrit director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Payel Farasat director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Leon Golden director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Roman Livson director 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004
Christopher Scott Schroeder officer: Chief Marketing Officer 1300 PENNSYLVANIA AVE NW, SUITE 700, WASHINGTON DC 20004