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NNAG (99 Acquisition Group) Price-to-Tangible-Book : 5,275.00 (As of Sep. 26, 2024)


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What is 99 Acquisition Group Price-to-Tangible-Book?

As of today (2024-09-26), 99 Acquisition Group's share price is $10.55. 99 Acquisition Group's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $0.00. Hence, 99 Acquisition Group's Price to Tangible Book Ratio of today is 5,275.00.

The historical rank and industry rank for 99 Acquisition Group's Price-to-Tangible-Book or its related term are showing as below:

NNAG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.38   Med: 1.38   Max: 1.43
Current: 1.43

During the past 2 years, 99 Acquisition Group's highest Price to Tangible Book Ratio was 1.43. The lowest was 1.38. And the median was 1.38.

NNAG's Price-to-Tangible-Book is ranked better than
53.9% of 462 companies
in the Diversified Financial Services industry
Industry Median: 1.585 vs NNAG: 1.43

A closely related ratio is called PB Ratio. As of today, 99 Acquisition Group's share price is $10.55. 99 Acquisition Group's Book Value per Sharefor the quarter that ended in Jun. 2023 was $0.00. Hence, 99 Acquisition Group's P/B Ratio of today is 5,275.00.

99 Acquisition Group Price-to-Tangible-Book Historical Data

The historical data trend for 99 Acquisition Group'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.

99 Acquisition Group Price-to-Tangible-Book Chart

99 Acquisition Group Annual Data
Trend Dec22 Dec23
Price-to-Tangible-Book
- 1.38

99 Acquisition Group Quarterly Data
Dec22 Jun23 Dec23
Price-to-Tangible-Book - - 1.38

Competitive Comparison of 99 Acquisition Group's Price-to-Tangible-Book

For the Shell Companies subindustry, 99 Acquisition Group'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.

99 Acquisition Group's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, 99 Acquisition Group's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where 99 Acquisition Group's Price-to-Tangible-Book falls into.


99 Acquisition Group Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=10.55/0.002
=5,275.00

* 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.

99 Acquisition Group Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of 99 Acquisition Group's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

99 Acquisition Group Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » 99 Acquisition Group Inc (NAS:NNAG) » Definitions » Price-to-Tangible-Book
Comparable Companies
PWUP HWEL BLUA CBRG DPCS CHAA EGGF TGAA PORT CITE PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
14 Noblewood Ct,, Gaithersburg, MD, USA, 20878
Website
https://www.99acquisitiongroup.com
99 Acquisition Group Inc is a newly organized 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.