Wealthbridge Acquisition (Wealthbridge Acquisition) Price-to-Tangible-Book : 1.28 (As of May. 25, 2024)

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

As of today (2024-05-25), Wealthbridge Acquisition's share price is $9.55. Wealthbridge Acquisition's Tangible Book per Share of Mar. 2020 for the quarter that ended in Mar. 2020 was $7.48. Hence, Wealthbridge Acquisition's Price to Tangible Book Ratio of today is 1.28.

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

HHHH's Price-to-Tangible-Book is not ranked ^*
in the Conglomerates industry.
Industry Median: 1.17
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Wealthbridge Acquisition's share price is $9.55. Wealthbridge Acquisition's Book Value per Sharefor the quarter that ended in Mar. 2020 was $7.48. Hence, Wealthbridge Acquisition's P/B Ratio of today is 1.28.

Wealthbridge Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Wealthbridge 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.

Wealthbridge Acquisition Price-to-Tangible-Book Chart

Wealthbridge Acquisition Annual Data

Trend

Dec18

Dec19

Price-to-Tangible-Book

1.35

Wealthbridge Acquisition Quarterly Data
	Jul18	Mar19	Jun19	Sep19	Dec19	Mar20
Price-to-Tangible-Book	Get a 7-Day Free Trial			1.31	1.36	1.35	1.35	1.37

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

For the Conglomerates subindustry, Wealthbridge 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.

Wealthbridge Acquisition's Price-to-Tangible-Book Distribution in the Conglomerates Industry

For the Conglomerates industry and Industrials sector, Wealthbridge Acquisition's Price-to-Tangible-Book distribution charts can be found below:

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

Wealthbridge Acquisition Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2020 )
	=	9.55	/	7.482
	=	1.28

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.

Wealthbridge Acquisition Price-to-Tangible-Book Related Terms

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