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Pershing Square Tontine Holdings (Pershing Square Tontine Holdings) PB Ratio : 1.08 (As of Apr. 25, 2024)


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What is Pershing Square Tontine Holdings 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 (2024-04-25), Pershing Square Tontine Holdings's share price is $20.14. Pershing Square Tontine Holdings's Book Value per Share for the quarter that ended in Mar. 2022 was $18.65. Hence, Pershing Square Tontine Holdings's PB Ratio of today is 1.08.

The historical rank and industry rank for Pershing Square Tontine Holdings's PB Ratio or its related term are showing as below:

PSTH's PB Ratio is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.83
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio


Pershing Square Tontine Holdings PB Ratio Historical Data

The historical data trend for Pershing Square Tontine Holdings'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.

Pershing Square Tontine Holdings PB Ratio Chart

Pershing Square Tontine Holdings Annual Data
Trend Dec20 Dec21
PB Ratio
1.90 1.05

Pershing Square Tontine Holdings Quarterly Data
Apr20 Sep20 Mar21 Jun21 Sep21 Dec21 Mar22
PB Ratio Get a 7-Day Free Trial 1.48 1.33 1.05 1.05 1.07

Competitive Comparison of Pershing Square Tontine Holdings's PB Ratio

For the Shell Companies subindustry, Pershing Square Tontine Holdings'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.


Pershing Square Tontine Holdings's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Pershing Square Tontine Holdings's PB Ratio distribution charts can be found below:

* The bar in red indicates where Pershing Square Tontine Holdings's PB Ratio falls into.



Pershing Square Tontine Holdings 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.

Pershing Square Tontine Holdings's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2022)
=20.14/18.65
=1.08

* 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.


Pershing Square Tontine Holdings  (NYSE:PSTH) 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.


Pershing Square Tontine Holdings PB Ratio Related Terms

Thank you for viewing the detailed overview of Pershing Square Tontine Holdings's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Pershing Square Tontine Holdings (Pershing Square Tontine Holdings) Business Description

Traded in Other Exchanges
N/A
Address
787 Eleventh Avenue, 9th Floor, New York, NY, USA, 10019
Website
Pershing Square Tontine Holdings Ltd is a blank check company.
Executives
Michael Gonnella officer: Chief Financial Officer 787 ELEVENTH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Lisa Gersh director C/O HASBRO, INC., 1011 NEWPORT AVENUE, PAWTUCKET RI 02861
William A Ackman director, 10 percent owner, officer: Chief Executive Officer 787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Ps Management Gp, Llc 10 percent owner 787 - 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Pershing Square Capital Management, L.p. 10 percent owner 787 11TH AVENUE, 9TH FLOOR, NEW YORK NY 10019
Joseph S Steinberg director C/O LEUCADIA NATIONAL CORP, 315 PARK AVENUE SOUTH, NEW YORK NY 10010
Jacqueline D Reses director C/O SQUARE, INC., 1455 MARKET STREET #600, SAN FRANCISCO CA 94103
Michael S Ovitz director 355 SOUTH GRAND, #1710, LOS ANGELES CA 90071
Steve Milankov officer: Corporate Secretary 101 WEST 24TH STREET, APT. 30D, NEW YORK NY 10010
Ben Hakim officer: Chief Financial Officer 170 E. 77TH STREET, APT. 5A, NEW YORK NY 10075

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