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INSU Acquisition III (INSU Acquisition III) Price-to-Tangible-Book : 1.44 (As of Jun. 08, 2024)


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What is INSU Acquisition III Price-to-Tangible-Book?

As of today (2024-06-08), INSU Acquisition III's share price is $10.08. INSU Acquisition III's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was $6.99. Hence, INSU Acquisition III's Price to Tangible Book Ratio of today is 1.44.

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

IIII'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, INSU Acquisition III's share price is $10.08. INSU Acquisition III's Book Value per Sharefor the quarter that ended in Sep. 2022 was $6.99. Hence, INSU Acquisition III's P/B Ratio of today is 1.44.

INSU Acquisition III Price-to-Tangible-Book Historical Data

The historical data trend for INSU Acquisition III'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.

INSU Acquisition III Price-to-Tangible-Book Chart

INSU Acquisition III Annual Data
Trend Dec20 Dec21
Price-to-Tangible-Book
- 1.43

INSU Acquisition III Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Price-to-Tangible-Book Get a 7-Day Free Trial 1.45 1.43 1.42 1.42 1.42

Competitive Comparison of INSU Acquisition III's Price-to-Tangible-Book

For the Shell Companies subindustry, INSU Acquisition III'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.

INSU Acquisition III's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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


INSU Acquisition III Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2022 )
=10.08/6.993
=1.44

* 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:

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.

INSU Acquisition III Price-to-Tangible-Book Related Terms

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

INSU Acquisition III (INSU Acquisition III) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » INSU Acquisition Corp III (NAS:IIII) » Definitions » Price-to-Tangible-Book
Comparable Companies
JUGG FTAA BLEU FTEV GTPA DISA BACA FTCV FTPA EMLD GSHN PSTH XAMS:EPIC ASZ CCYC CVII KAHC DWAC IPOF PBAJ
Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
INSU Acquisition Corp III is a blank check company.
Executives
Daniel G Cohen director, 10 percent owner 712 FIFTH AVENUE, 8TH FLOOR, NEW YORK NY 10019
Pooler Joseph W. Jr. officer: CFO and Secretary 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Walter T Beach director 409 SILVERSIDE ROAD, WILMINGTON DE 19809
John C Chrystal director C/O BANCORP, INC., 409 SILVERSIDE ROAD, SUITE 105, WILMINGTON DE 19809
Cohen & Company, Llc 10 percent owner 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19103
John Miles Butler officer: President and CEO 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Sasson Posner director 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Sheila Nicoll director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Insurance Acquisition Sponsor Iii, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Dioptra Advisors Iii, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104