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Growth Capital Acquisition (Growth Capital Acquisition) Price-to-Tangible-Book : 1.09 (As of May. 05, 2024)


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

As of today (2024-05-05), Growth Capital Acquisition's share price is $7.99. Growth Capital Acquisition's Tangible Book per Share of Sep. 2021 for the quarter that ended in Sep. 2021 was $7.34. Hence, Growth Capital Acquisition's Price to Tangible Book Ratio of today is 1.09.

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

GCAC'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, Growth Capital Acquisition's share price is $7.99. Growth Capital Acquisition's Book Value per Sharefor the quarter that ended in Sep. 2021 was $7.34. Hence, Growth Capital Acquisition's P/B Ratio of today is 1.09.


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

The historical data trend for Growth 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.

Growth Capital Acquisition Price-to-Tangible-Book Chart

Growth Capital Acquisition Annual Data
Trend Mar19 Mar20 Mar21
Price-to-Tangible-Book
- - 1.26

Growth Capital Acquisition Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only - - 1.26 1.27 1.35

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

For the Shell Companies subindustry, Growth 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.


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

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

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



Growth Capital Acquisition Price-to-Tangible-Book Calculation

Growth 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. 2021 )
=7.99/7.338
=1.09

* 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.


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

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


Growth Capital Acquisition (Growth Capital Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
405 Lexington Avenue, The Chrysler Building, New York, NY, USA, 10174
Growth Capital Acquisition Corp is a blank check company.

Growth Capital Acquisition (Growth Capital Acquisition) Headlines