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South Mountain Merger (South Mountain Merger) PB Ratio : 2.14 (As of May. 06, 2024)


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What is South Mountain Merger 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 (2024-05-06), South Mountain Merger's share price is $16.80. South Mountain Merger's Book Value per Share for the quarter that ended in Sep. 2020 was $7.85. Hence, South Mountain Merger's PB Ratio of today is 2.14.

The historical rank and industry rank for South Mountain Merger's PB Ratio or its related term are showing as below:

SMMC'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


South Mountain Merger PB Ratio Historical Data

The historical data trend for South Mountain Merger'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.

South Mountain Merger PB Ratio Chart

South Mountain Merger Annual Data
Trend Dec19
PB Ratio
-

South Mountain Merger Quarterly Data
Apr19 Sep19 Mar20 Jun20 Sep20
PB Ratio - 1.25 1.23 1.30 1.33

Competitive Comparison of South Mountain Merger's PB Ratio

For the Shell Companies subindustry, South Mountain Merger'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.


South Mountain Merger's PB Ratio Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where South Mountain Merger's PB Ratio falls into.



South Mountain Merger 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.

South Mountain Merger's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2020)
=16.80/7.854
=2.14

* 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.


South Mountain Merger  (NAS:SMMC) 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.


South Mountain Merger PB Ratio Related Terms

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South Mountain Merger (South Mountain Merger) Business Description

Traded in Other Exchanges
N/A
Address
767 Fifth Avenue, 9th Floor, New York, NY, USA, 10153
South Mountain Merger 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.