ACE Convergence Acquisition (ACE Convergence Acquisition) Price-to-Tangible-Book : (As of May. 25, 2024)

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What is ACE Convergence Acquisition Price-to-Tangible-Book?

As of today (2024-05-25), ACE Convergence Acquisition's share price is $9.769. ACE Convergence Acquisition's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was $0.00. Hence, ACE Convergence Acquisition's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for ACE Convergence Acquisition's Price-to-Tangible-Book or its related term are showing as below:

During the past 2 years, ACE Convergence Acquisition's highest Price to Tangible Book Ratio was 2.62. The lowest was 1.26. And the median was 1.52.

ACEVU's Price-to-Tangible-Book is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 1.83
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, ACE Convergence Acquisition's share price is $9.769. ACE Convergence Acquisition's Book Value per Sharefor the quarter that ended in Sep. 2022 was $0.00. Hence, ACE Convergence Acquisition's P/B Ratio of today is .

ACE Convergence Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for ACE Convergence Acquisition's Price-to-Tangible-Book 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.

ACE Convergence Acquisition Price-to-Tangible-Book Chart

ACE Convergence Acquisition Annual Data

Trend

Dec20

Dec21

Price-to-Tangible-Book

ACE Convergence Acquisition Quarterly Data
	May20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Price-to-Tangible-Book	Get a 7-Day Free Trial					-	-	-	-	-

Competitive Comparison of ACE Convergence Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, ACE Convergence Acquisition's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

ACE Convergence Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, ACE Convergence Acquisition's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where ACE Convergence Acquisition's Price-to-Tangible-Book falls into.

ACE Convergence Acquisition Price-to-Tangible-Book Calculation

ACE Convergence Acquisition's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2022 )
	=	9.769	/
	=

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.

ACE Convergence Acquisition Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of ACE Convergence Acquisition's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

ACE Convergence Acquisition (ACE Convergence Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » ACE Convergence Acquisition Corp (NAS:ACEVU) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1013 Centre Road, Suite 403S, Wilmington, DE, USA, 19805

Website

http://acev.io

ACE Convergence Acquisition Corp is a blank check company.

Executives

Omid Tahernia	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
Kenneth Klein	director	700 SAGINAW DRIVE, REDWOOD CITY CA 94063
Behrooz L. Abdi	director, officer: Chief Executive Officer	1875 CHARLESTON ROAD, MOUNTAIN VIEW CA 94043
Ryan A Benton	director	48720 KATO ROAD, FREMONT CA 94538
Ace Convergence Acquisition Llc	director, 10 percent owner	1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Raquel Chmielewski	director	C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Minyoung Park	officer: Chief Financial Officer	C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Sunny Siu	director, officer: President	C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805
Denis Tse	director, officer: Secretary	C/O ACE CONVERGENCE ACQUISITION CORP., 1013 CENTRE ROAD, SUITE 403S, WILMINGTON DE 19805