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Flame Acquisition (Flame Acquisition) Price-to-Tangible-Book : (As of Jun. 19, 2024)


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

As of today (2024-06-19), Flame Acquisition's share price is $13.21. Flame Acquisition's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $0.00. Hence, Flame Acquisition's Price to Tangible Book Ratio of today is .

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

During the past 4 years, Flame Acquisition's highest Price to Tangible Book Ratio was 19.08. The lowest was 1.24. And the median was 1.32.

FLME.U's Price-to-Tangible-Book is not ranked *
in the Oil & Gas industry.
Industry Median: 1.3
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Flame Acquisition's share price is $13.21. Flame Acquisition's Book Value per Sharefor the quarter that ended in Mar. 2024 was $0.00. Hence, Flame Acquisition's P/B Ratio of today is .


Flame Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Flame 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.

Flame Acquisition Price-to-Tangible-Book Chart

Flame Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - -

Flame Acquisition Quarterly Data
Dec20 Mar21 Jun21 Sep21 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

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

For the Oil & Gas Drilling subindustry, Flame 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.


Flame Acquisition's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Flame Acquisition's Price-to-Tangible-Book distribution charts can be found below:

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



Flame Acquisition Price-to-Tangible-Book Calculation

Flame 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 )
=13.21/
=

* 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.


Flame Acquisition Price-to-Tangible-Book Related Terms

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


Flame Acquisition (Flame Acquisition) Business Description

Traded in Other Exchanges
Address
700 Milam Street, Suite 3300, Houston, TX, USA, 77002
Flame Acquisition Corp is a blank check company.
Executives
Global Icav Pilgrim 10 percent owner 21-23 CITY QUAY, RIVERVIEW HOUSE, DUBLIN L2 D2
Pilgrim Global Advisors Llc 10 percent owner 4785 CAUGHLIN PARKWAY, RENO NV 89519
Darren Maupin 10 percent owner C/O PILGRIM GLOBAL ADVISORS LLC, 4785 CAUGHLIN PARKWAY, RENO NV 89519
James C Flores director, 10 percent owner, officer: CEO & President P.O. BOX 1083, HOUSTON TX 77251
Christopher Binyon Sarofim director 200 EAST RANDOLPH STREET, SUITE 3300, CHICAGO IL 60601
Gregory Phillip Pipkin director 11227 SMITHDALE ROAD, HOUSTON TX 77024
Flame Acquisition Sponsor Llc 10 percent owner C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Gregory D. Patrinely officer: CFO & Secretary C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002
Michael E. Dillard director C/O FLAME ACQUISITION CORP., 700 MILAM STREET, SUITE 3300, HOUSTON TX 77002

Flame Acquisition (Flame Acquisition) Headlines