Ares Acquisition (Ares Acquisition) PB Ratio

: 1.91 (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 (2024-04-18), Ares Acquisition's share price is $10.79. Ares Acquisition's Book Value per Share for the quarter that ended in Jun. 2023 was $5.66. Hence, Ares Acquisition's PB Ratio of today is 1.91.

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

AAC' s PB Ratio Range Over the Past 10 Years
Min: 0 Med: 0 Max: 3.25
Current: 1.91

During the past 3 years, Ares Acquisition's highest PB Ratio was 3.25. The lowest was 0.00. And the median was 0.00.

AAC's PB Ratio is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.8 vs AAC: 1.91

During the past 12 months, Ares Acquisition's average Book Value Per Share Growth Rate was -25.90% per year.

Back to Basics: PB Ratio

Ares Acquisition PB Ratio Historical Data

The historical data trend for Ares 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.

Ares Acquisition Annual Data

Trend

Dec20

Dec21

Dec22

PB Ratio

1.31

1.32

Ares Acquisition Quarterly Data
	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23
PB Ratio									1.29	1.29	1.32	1.84	1.87

Competitive Comparison

For the Shell Companies subindustry, Ares 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.

Ares Acquisition PB Ratio Distribution

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

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

Ares 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.

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

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jun. 2023)
	=	10.79	/	5.657
	=	1.91

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.

Ares Acquisition (NYSE:AAC) 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.

Ares Acquisition PB Ratio Related Terms

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Ares Acquisition (Ares Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Ares Acquisition Corp (NYSE:AAC) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/o Ares Management LLC, 44th Floor, 245 Park Avenue, New York, NY, USA, 10167

Website

https://www.aresacquisitioncorporation.com

Ares Acquisition Corp is a blank check company.

Executives

Kathryn V Marinello	director	CERIDIAN CORPORATION, 3311 EAST OLD SHAKOPEE ROAD, MINNEAPOLIS MN 55425
Michael J Arougheti	director	2000 AVENUE OF THE STARS, 12TH FLOOR, LOS ANGELES CA 90067
David B Kaplan	director, officer: Chief Executive Officer	1999 AVENUE OF THE STARS, SUITE 1900, LOS ANGELES CA 90067
Felicia D Thornton	director	250 PARKCENTER BLVD PO BOX 20, BOISE ID 83726
Jarrod Phillips	officer: Chief Financial Officer	C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 100167
Stephen Brown Davis	director	1355 SANSOME STREET, SAN FRANCISCO CA 94111
Ares Acquisition Holdings Lp	10 percent owner	C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Peter Ogilvie	officer: See Remarks	C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167
Allyson Satin	officer: Chief Operating Officer	C/O ARES MANAGEMENT LLC, 245 PARK AVENUE, 42ND FLOOR, NEW YORK NY 10167