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AIB Acquisition (AIB Acquisition) Price-to-Tangible-Book : 7.17 (As of May. 25, 2024)


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What is AIB Acquisition Price-to-Tangible-Book?

As of today (2024-05-25), AIB Acquisition's share price is $11.53. AIB Acquisition's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $1.61. Hence, AIB Acquisition's Price to Tangible Book Ratio of today is 7.17.

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

AIBAF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.31   Med: 3.35   Max: 7.17
Current: 7.16

During the past 3 years, AIB Acquisition's highest Price to Tangible Book Ratio was 7.17. The lowest was 1.31. And the median was 3.35.

AIBAF's Price-to-Tangible-Book is ranked worse than
86.3% of 489 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs AIBAF: 7.16

A closely related ratio is called PB Ratio. As of today, AIB Acquisition's share price is $11.53. AIB Acquisition's Book Value per Sharefor the quarter that ended in Mar. 2024 was $1.61. Hence, AIB Acquisition's P/B Ratio of today is 7.17.


AIB Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for AIB 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.

AIB Acquisition Price-to-Tangible-Book Chart

AIB Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 1.34 6.69

AIB Acquisition Quarterly Data
Jul21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 5.35 5.80 6.31 6.69 7.19

Competitive Comparison of AIB Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, AIB 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.


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

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

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



AIB Acquisition Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=11.53/1.607
=7.17

* 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 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.


AIB Acquisition Price-to-Tangible-Book Related Terms

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


AIB Acquisition (AIB Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
875 Third Avenue, Suite M204A, New York, NY, USA, 10022
Website
AIB Acquisition Corp is a blank check company. It is formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, recapitalization, reorganization or similar business combination with one or more businesses.
Executives
Merry Tang director GZTY CPA GROUP, LLC, 52 BRIDGE STREET, METUCHEN NJ 08840
Jie Gao officer: Chief Financial Officer 16F, SHIHAO SQUARE, MIDDLE JIANNAN BLVD., HIGH-TECH ZONE, CHENGDU, SICHUAN F4 610000
David Knower director C/O VISTAS ACQUISITION COMPANY II INC., 30 WALL STREET, 8TH FLOOR, NEW YORK NY 10005
Eric Yi-chung Chen director, 10 percent owner, officer: Chief Executive Officer 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022
Axel Hoerger director 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022
David Issac Adelman director 875 3RD AVENUE SUITE M204A, NEW YORK NY 10022
Aib Llc 10 percent owner 875 3RD AVENUE, SUITE M204A, NEW YORK NY 10022