Whitewater Acquisition (TSXV:WWA.P) PB Ratio: 3.11 (As of Jul. 17, 2026)

Author: Vera Yuan Vera Yuan
Vera Yuan
Vera Yuan
Director of Data and Quant Analytics at GuruFocus
Focused on building reliable datasets, financial models, and research tools for value-minded investors. Committed to turning complex data into practical guidance for value-investing and long-term wealth.
Reviewed by: Charlie Tian Charlie Tian
Charlie Tian
Charlie Tian
Founder & CEO of GuruFocus
Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

TSXV:WWA.P Whitewater Acquisition Corp TSXV:WWA.P
35 GF Score
Price C$0.14
! 1 Warning Sign
View Full Analysis

What is Whitewater Acquisition PB Ratio?

Whitewater Acquisition TSXV:WWA.P 35 PB Ratio is 3.11 as of Jul. 17, 2026. GuruFocus rates TSXV:WWA.P with a GF Score™ of 35/100. The stock has 1 warning sign investors should review. Among 464 Diversified Financial Services companies, Whitewater Acquisition ranks worse than 82.97% on this metric.

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 (2026-07-17), Whitewater Acquisition's share price is C$0.14. Whitewater Acquisition's Book Value per Share for the quarter that ended in May. 2026 was C$0.05. Hence, Whitewater Acquisition's PB Ratio of today is 3.11.

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

TSXV:WWA.P' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 3.11
Current: 3.11

During the past 6 years, Whitewater Acquisition's highest PB Ratio was 3.11. The lowest was 0.00. And the median was 0.00.

TSXV:WWA.P's PB Ratio is ranked worse than
82.97% of 464 companies
in the Diversified Financial Services industry
Industry Median: 1.385 vs TSXV:WWA.P: 3.11

During the past 12 months, Whitewater Acquisition's average Book Value Per Share Growth Rate was -4.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 5.30% per year.

During the past 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Whitewater Acquisition was 17.80% per year. The lowest was -3.50% per year. And the median was -2.00% per year.

Back to Basics: PB Ratio


Whitewater Acquisition  (TSXV:WWA.P) 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.


Whitewater Acquisition PB Ratio Related Terms


Whitewater Acquisition PB Ratio Historical Data

* Premium members only.

The historical data trend for Whitewater 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.

Whitewater Acquisition PB Ratio Chart

Whitewater Acquisition Annual Data
Trend May21 May22 May23 May24 May25 May26
PB Ratio
Get a 7-Day Free Trial 3.60 2.20 2.86 2.55 3.11

Whitewater Acquisition Quarterly Data
Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.55 3.22 3.33 3.11 3.11

TSXV:WWA.P vs XXI, CCXI, DMII: PB Ratio Comparison

For the Shell Companies subindustry, Whitewater 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.


Whitewater Acquisition PB Ratio vs Diversified Financial Services Industry

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

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


TSXV:WWA.P
35GF Score
Whitewater Acquisition Corp TSXV:WWA.P
PB Ratio is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Whitewater 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.

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

PB Ratio=Share Price/Book Value per Share (Q: May. 2026)
=0.14/0.045
=3.11

* 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.

Frequently Asked Questions Learn more about PB Ratio →
What does a PB Ratio of 3.11 mean?
Whitewater Acquisition (TSXV:WWA.P) has a PB Ratio of 3.11 as of Jul. 17, 2026. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Whitewater Acquisition and its competitors. According to the industry distribution chart, Whitewater Acquisition ranks #385 out of 464 companies in the Diversified Financial Services industry, placing it in the top 83%.
Is Whitewater Acquisition's PB Ratio too high?
Whitewater Acquisition's current PB Ratio is 3.11. The Diversified Financial Services industry median PB Ratio is 1.39. Whitewater Acquisition's value of 3.11 is 124.5% above this industry median. Based on the distribution chart, Whitewater Acquisition ranks #385 out of 464 companies in the Diversified Financial Services industry, which is in the bottom quartile relative to peers. Overall, Whitewater Acquisition has a GF Score™ of 35/100, reflecting its overall financial health beyond just this single metric.
How does Whitewater Acquisition's PB Ratio compare to XXI and CCXI?
According to the Diversified Financial Services industry distribution chart, Whitewater Acquisition ranks #385 out of 464 companies for PB Ratio. This places Whitewater Acquisition in the lower half of its industry. The industry median PB Ratio is 1.39. Whitewater Acquisition's value of 3.11 is 124.5% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good PB Ratio for a Diversified Financial Services company?
The median PB Ratio among Diversified Financial Services companies is 1.39, based on 464 companies in the industry. Companies in the top quartile (top 25%) have a PB Ratio significantly above this median, while those in the bottom quartile fall well below. However, PB Ratio should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Whitewater Acquisition's current PB Ratio of 3.11 is 124.5% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high PB Ratio mean?
A high PB Ratio can signal that a stock is expensive relative to its fundamentals. Price-to-Book ratio is the ratio of share price to a company's book value per share. View historical data on Whitewater Acquisition and its competitors. For the Diversified Financial Services industry, the median PB Ratio is 1.39 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Whitewater Acquisition's current PB Ratio is 3.11. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Whitewater Acquisition stock overvalued right now?
Whitewater Acquisition (TSXV:WWA.P) has a current PB Ratio of 3.11. The current PB Ratio is 3.11 and 124.5% above the Diversified Financial Services industry median of 1.39. Whitewater Acquisition's overall GF Score™ is 35/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is PB Ratio calculated?
PB Ratio is calculated from a company's financial statements. For Whitewater Acquisition (TSXV:WWA.P), the current PB Ratio is 3.11 as of Jul. 17, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Whitewater Acquisition Business Description

Address 1090 West Georgia Street, Suite 1305, Vancouver, BC, CAN, V6E 3V7
Whitewater Acquisition Corp is a capital pool company.
35GF Score

Get the complete analysis for TSXV:WWA.P

PB Ratio is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

C$0.14
Price