Landcadia Holdings III (Landcadia Holdings III) Price-to-Tangible-Book : 1.73 (As of May. 21, 2024)

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What is Landcadia Holdings III Price-to-Tangible-Book?

As of today (2024-05-21), Landcadia Holdings III's share price is $12.17. Landcadia Holdings III's Tangible Book per Share of Mar. 2021 for the quarter that ended in Mar. 2021 was $7.02. Hence, Landcadia Holdings III's Price to Tangible Book Ratio of today is 1.73.

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

LCY's Price-to-Tangible-Book is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 1.89
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Landcadia Holdings III's share price is $12.17. Landcadia Holdings III's Book Value per Sharefor the quarter that ended in Mar. 2021 was $7.02. Hence, Landcadia Holdings III's P/B Ratio of today is 1.73.

Landcadia Holdings III Price-to-Tangible-Book Historical Data

The historical data trend for Landcadia Holdings 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.

Landcadia Holdings III Price-to-Tangible-Book Chart

Landcadia Holdings III Annual Data

Trend

Dec18

Dec19

Dec20

Price-to-Tangible-Book

1.53

Landcadia Holdings III Quarterly Data
	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	1.53	1.43

Competitive Comparison of Landcadia Holdings III's Price-to-Tangible-Book

For the Shell Companies subindustry, Landcadia Holdings 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.

Landcadia Holdings III's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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

Landcadia Holdings III Price-to-Tangible-Book Calculation

Landcadia Holdings III's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2021 )
	=	12.17	/	7.017
	=	1.73

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.

Landcadia Holdings III Price-to-Tangible-Book Related Terms

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