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LATG (Chenghe Acquisition I Co) Price-to-Tangible-Book : 2.07 (As of Dec. 14, 2024)


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What is Chenghe Acquisition I Co Price-to-Tangible-Book?

As of today (2024-12-14), Chenghe Acquisition I Co's share price is $11.77. Chenghe Acquisition I Co's Tangible Book per Share of Sep. 2024 for the quarter that ended in Sep. 2024 was $5.69. Hence, Chenghe Acquisition I Co's Price to Tangible Book Ratio of today is 2.07.

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

LATG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.27   Med: 1.63   Max: 2.07
Current: 2.07

During the past 3 years, Chenghe Acquisition I Co's highest Price to Tangible Book Ratio was 2.07. The lowest was 1.27. And the median was 1.63.

LATG's Price-to-Tangible-Book is ranked worse than
63.55% of 439 companies
in the Diversified Financial Services industry
Industry Median: 1.4 vs LATG: 2.07

A closely related ratio is called PB Ratio. As of today, Chenghe Acquisition I Co's share price is $11.77. Chenghe Acquisition I Co's Book Value per Sharefor the quarter that ended in Sep. 2024 was $5.69. Hence, Chenghe Acquisition I Co's P/B Ratio of today is 2.07.


Chenghe Acquisition I Co Price-to-Tangible-Book Historical Data

The historical data trend for Chenghe Acquisition I Co'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.

Chenghe Acquisition I Co Price-to-Tangible-Book Chart

Chenghe Acquisition I Co Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 1.29 1.92

Chenghe Acquisition I Co Quarterly Data
May21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 1.63 1.92 1.99 2.01 2.04

Competitive Comparison of Chenghe Acquisition I Co's Price-to-Tangible-Book

For the Shell Companies subindustry, Chenghe Acquisition I Co'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.


Chenghe Acquisition I Co's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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



Chenghe Acquisition I Co Price-to-Tangible-Book Calculation

Chenghe Acquisition I Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2024 )
=11.77/5.692
=2.07

* 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.


Chenghe Acquisition I Co Price-to-Tangible-Book Related Terms

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Chenghe Acquisition I Co Business Description

Traded in Other Exchanges
N/A
Address
38 Beach Road, No. 29-11, South Beach Tower, Singapore, SGP, 189767
Chenghe Acquisition I Co is a newly incorporated blank check company.
Executives
Latamgrowth Sponsor Llc 10 percent owner 515 SOUTH FLOWER ST., 44TH FLOOR, LOS ANGELES CA 90071
Hector Martinez director 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Zain A. Manekia director 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Carole Philippe director 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Murrieta Eduardo Cortina director 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Gerard Henri Cremoux director, officer: CEO, CFO 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Llanes Gerardo Mendoza officer: Chief Investment Officer 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Olea Sisniega Miguel Angel director 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022
Michael J. Mcguinness director 590 MADISON AVENUE, 34TH FLOOR, NEW YORK NY 10022