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Gores Guggenheim PB Ratio

: 1.64 (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 (2022-08-12), Gores Guggenheim's share price is $11.23. Gores Guggenheim's Book Value per Share for the quarter that ended in Mar. 2022 was $6.84. Hence, Gores Guggenheim's PB Ratio of today is 1.64.

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

GGPI' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 2.19
Current: 1.64

During the past 2 years, Gores Guggenheim's highest PB Ratio was 2.19. The lowest was 0.00. And the median was 0.00.

GGPI's PB Ratio is ranked worse than
80.38% of 780 companies
in the Diversified Financial Services industry
Industry Median: 1.31 vs GGPI: 1.64

Back to Basics: PB Ratio


Gores Guggenheim PB Ratio Historical Data

The historical data trend for Gores Guggenheim'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.

Gores Guggenheim Annual Data
Trend Dec20 Dec21
PB Ratio
- -

Gores Guggenheim Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22
PB Ratio - - - - -

Competitive Comparison

For the Shell Companies subindustry, Gores Guggenheim'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.

   

Gores Guggenheim PB Ratio Distribution

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

* The bar in red indicates where Gores Guggenheim's PB Ratio falls into.



Gores Guggenheim 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.

Gores Guggenheim's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2022)
=11.23/6.841
=1.64

* 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.


Gores Guggenheim  (NAS:GGPI) 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.


Gores Guggenheim PB Ratio Related Terms

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Gores Guggenheim Business Description

Gores Guggenheim logo
Traded in Other Exchanges
Address
6260 Lookout Road, Boulder, CO, USA, 80301
Website
Gores Guggenheim Inc is a blank check company.
Executives
Rosenfield Andrew director, 10 percent owner 227 W. MONROE STREET 49TH FLOOR CHICAGO IL 60606
Tellem Nancy director 1016 LAKE PARK DRIVE BIRMINGHAM MI 48009
Gores Alec E director, 10 percent owner 10877 WILSHIRE BOULEVARD 18TH FLOOR LOS ANGELES CA 90024
Stone Mark officer: Chief Executive Officer 10877 WILSHIRE BOULEVARD 18TH FLOOR LOS ANGELES CA 90024
Aeg Holdings, Llc director, 10 percent owner 6260 LOOKOUT RD. BOULDER CO 80301
Mcbride Andrew officer: CFO & Secretary 9800 WILSHIRE BLVD. BEVERLY HILLS CA 90212
Bort Randy director 1150 N. ALMA SCHOOL ROAD MESA AZ 85201
Marcellino Elizabeth director 9800 WILSHIRE BLVD. BEVERLY HILLS CA 90212
Gores Guggenheim Sponsor Llc director, 10 percent owner 6260 LOOKOUT ROAD BOULDER CO 80301
Ggp Sponsor Holdings, Llc director, 10 percent owner 6260 LOOKOUT ROAD BOULDER CO 80301
Gg Sponsor, Llc director, 10 percent owner 6260 LOOKOUT ROAD BOULDER CO 80301

Gores Guggenheim Headlines

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