African Gold Acquisition (African Gold Acquisition) Price-to-Tangible-Book : 1.34 (As of May. 15, 2024)

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What is African Gold Acquisition Price-to-Tangible-Book?

As of today (2024-05-15), African Gold Acquisition's share price is $10.12. African Gold Acquisition's Tangible Book per Share of Mar. 2022 for the quarter that ended in Mar. 2022 was $7.57. Hence, African Gold Acquisition's Price to Tangible Book Ratio of today is 1.34.

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

AGACF's Price-to-Tangible-Book is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 1.8
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, African Gold Acquisition's share price is $10.12. African Gold Acquisition's Book Value per Sharefor the quarter that ended in Mar. 2022 was $7.57. Hence, African Gold Acquisition's P/B Ratio of today is 1.34.

African Gold Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for African Gold 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.

African Gold Acquisition Price-to-Tangible-Book Chart

African Gold Acquisition Annual Data

Trend

Dec20

Dec21

Price-to-Tangible-Book

1.32

African Gold Acquisition Quarterly Data
	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22
Price-to-Tangible-Book	Get a 7-Day Free Trial			1.30	1.34	1.32	1.32	1.30

Competitive Comparison of African Gold Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, African Gold 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.

African Gold Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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

African Gold Acquisition Price-to-Tangible-Book Calculation

African Gold Acquisition's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2022 )
	=	10.12	/	7.568
	=	1.34

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.

African Gold Acquisition Price-to-Tangible-Book Related Terms

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

African Gold Acquisition (African Gold Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » African Gold Acquisition Corp (OTCPK:AGACF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

322 West 52nd Street, Suite 2322, New York, NY, USA, 10019-9998

Website

https://www.africangoldcorp.com

African Gold Acquisition Corp is a blank check company.

Executives

Zolani Kgosietsile Matthews	director	322 WEST 52ND STREET, #2322, NEW YORK NY 10019
Robert B Hersov	director	NETJETS EUROPE, LTD., GRUNDSTRASSE 12, ROTKREUZ V8 6343
Izak Marais	officer: Chief Operating Officer	322 WEST 52ND STREET UNIT 2322, NEW YORK NY 10019
Michael Rawlinson	director	322 WEST 52ND STREET, #2322, NEW YORK NY 10019
Bradley Doig	director	322 WEST 52ND STREET, #2322, NEW YORK NY 10019
Koosum Kalyan	director	322 WEST 52ND STREET, #2322, NEW YORK NY 10019
African Gold Acquisition Sponsor Llc	10 percent owner	322 WEST 52ND STREET, 2322, NEW YORK NY 10019
Morgenthau Cooper	director, officer: Chief Financial Officer	322 WEST 52ND STREET, #2322, NEW YORK NY 10019-9998
Christopher Damon Chadwick	director, officer: Chief Executive Officer	322 WEST 52ND STREET, #2322, NEW YORK NY 10019
Brian Hinchcliffe	director	277 PARK AVENUE 29TH FLOOR, SUITE B, NEW YORK NY 10172

African Gold Acquisition (African Gold Acquisition) Headlines

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African Gold Acquisition Corporation Makes Major Announcements

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