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:
* 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.
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
Thank you for viewing the detailed overview of Gores Guggenheim's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
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