Gores Holdings IX (Gores Holdings IX) Price-to-Tangible-Book : 1.30 (As of May. 04, 2024)

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What is Gores Holdings IX Price-to-Tangible-Book?

As of today (2024-05-04), Gores Holdings IX's share price is $10.54. Gores Holdings IX's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $8.10. Hence, Gores Holdings IX's Price to Tangible Book Ratio of today is 1.30.

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

GHIX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.27 Med: 1.29 Max: 1.3
Current: 1.3

During the past 3 years, Gores Holdings IX's highest Price to Tangible Book Ratio was 1.30. The lowest was 1.27. And the median was 1.29.

GHIX's Price-to-Tangible-Book is ranked better than
68.76% of 509 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs GHIX: 1.30

A closely related ratio is called PB Ratio. As of today, Gores Holdings IX's share price is $10.54. Gores Holdings IX's Book Value per Sharefor the quarter that ended in Dec. 2023 was $8.10. Hence, Gores Holdings IX's P/B Ratio of today is 1.30.

Gores Holdings IX Price-to-Tangible-Book Historical Data

The historical data trend for Gores Holdings IX'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.

Gores Holdings IX Price-to-Tangible-Book Chart

Gores Holdings IX Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.27

1.30

Gores Holdings IX Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial					1.27	1.29	1.30	1.30	1.30

Competitive Comparison of Gores Holdings IX's Price-to-Tangible-Book

For the Shell Companies subindustry, Gores Holdings IX'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.

Gores Holdings IX's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Gores Holdings IX's Price-to-Tangible-Book falls into.

Gores Holdings IX Price-to-Tangible-Book Calculation

Gores Holdings IX's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	10.54	/	8.103
	=	1.30

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.

Gores Holdings IX Price-to-Tangible-Book Related Terms

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

Gores Holdings IX (Gores Holdings IX) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Gores Holdings IX Inc (NAS:GHIX) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

6260 Lookout Road, Boulder, CO, USA, 80301

Website

https://www.gores.com

Gores Holdings IX Inc is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.

Executives

Alec E Gores	director, 10 percent owner	10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Mark Stone	officer: Chief Executive Officer	10877 WILSHIRE BOULEVARD, 18TH FLOOR, LOS ANGELES CA 90024
Aeg Holdings, Llc	director, 10 percent owner	6260 LOOKOUT RD., BOULDER CO 80301
Andrew Mcbride	officer: See Remarks	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Randy Bort	director	1150 N. ALMA SCHOOL ROAD, MESA AZ 85201
Keith Covington	director	500 WEST ILLINOIS, MIDLAND TX 79701
Elizabeth Marcellino	director	9800 WILSHIRE BLVD., BEVERLY HILLS CA 90212
Gores Sponsor Ix Llc	director, 10 percent owner	6260 LOOKOUT ROAD, BOULDER CO 80301

Gores Holdings IX (Gores Holdings IX) Headlines

From GuruFocus

Gores Holdings IX, Inc. Announces Pricing of $525 Million Initial Public Offering

By Business Wire Business Wire • 01-12-2022

Gores Holdings IX, Inc. Completes $525 Million Initial Public Offering

By Business Wire Business Wire • 01-14-2022

Gores Holdings IX, Inc. Announces the Separate Trading of its Class A Common Stock and Warrants Commencing March 4, 2022

By Business Wire Business Wire • 03-01-2022