Fortress Capital Acquisition (Fortress Capital Acquisition) Price-to-Tangible-Book : 1.31 (As of May. 25, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Fortress Capital Acquisition Price-to-Tangible-Book?

As of today (2024-05-25), Fortress Capital Acquisition's share price is $10.13. Fortress Capital Acquisition's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was $7.74. Hence, Fortress Capital Acquisition's Price to Tangible Book Ratio of today is 1.31.

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

FCAX'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, Fortress Capital Acquisition's share price is $10.13. Fortress Capital Acquisition's Book Value per Sharefor the quarter that ended in Sep. 2022 was $7.74. Hence, Fortress Capital Acquisition's P/B Ratio of today is 1.31.

Fortress Capital Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Fortress Capital 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.

Fortress Capital Acquisition Price-to-Tangible-Book Chart

Fortress Capital Acquisition Annual Data

Trend

Dec20

Dec21

Price-to-Tangible-Book

1.31

Fortress Capital Acquisition Quarterly Data
	Aug20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Price-to-Tangible-Book	Get a 7-Day Free Trial			1.33	1.31	1.30	1.28	1.29

Competitive Comparison of Fortress Capital Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, Fortress Capital 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.

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

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

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

Fortress Capital Acquisition Price-to-Tangible-Book Calculation

Fortress Capital 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 )
	=	10.13	/	7.738
	=	1.31

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.

Fortress Capital Acquisition Price-to-Tangible-Book Related Terms

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

Fortress Capital Acquisition (Fortress Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Fortress Capital Acquisition Corp (NYSE:FCAX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1345 Avenue of the Americas, 45th Floor, New York, NY, USA, 10105

Website

http://www.fortresscapitalac.com

Fortress Capital Acquisition Corp is a blank check company.

Executives

Gary Kalk	director	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Michael Nierenberg	director, officer: Chief Executive Officer	799 BROADWAY, NEW YORK NY 10003
Principal Holdings I Lp	10 percent owner	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Daniel Bass	officer: Chief Financial Officer	1345 AVENUE OF THE AMERICAS, 46TH FLOOR, NEW YORK NY 10105
Elizabeth C Fascitelli	director	C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Fortress Capital Acquisition Sponsor Llc	10 percent owner	1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105
Varun Wadhawan	officer: Chief Operating Officer	1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Debra Coleman	director	C/O FORTRESS CAPITAL ACQUISITION CORP., 1345 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10105

Fortress Capital Acquisition (Fortress Capital Acquisition) Headlines

From GuruFocus

Fortress Capital Acquisition Corp. Announces Redemption of Class A Ordinary Shares

By Business Wire Business Wire • 01-04-2023

Sculptor Capital LP Buys 4, Sells 1 in 2nd Quarter

By GuruFocus Research GuruFocus Editor • 08-14-2022