GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Research Alliance Corp II (NAS:RACB) » Definitions » Price-to-Tangible-Book

Research Alliance II (Research Alliance II) Price-to-Tangible-Book : 1.33 (As of Jun. 14, 2024)


View and export this data going back to 2021. Start your Free Trial

What is Research Alliance II Price-to-Tangible-Book?

As of today (2024-06-14), Research Alliance II's share price is $10.105. Research Alliance II's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was $7.59. Hence, Research Alliance II's Price to Tangible Book Ratio of today is 1.33.

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

RACB's Price-to-Tangible-Book is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.805
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Research Alliance II's share price is $10.105. Research Alliance II's Book Value per Sharefor the quarter that ended in Sep. 2022 was $7.59. Hence, Research Alliance II's P/B Ratio of today is 1.33.


Research Alliance II Price-to-Tangible-Book Historical Data

The historical data trend for Research Alliance II'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.

Research Alliance II Price-to-Tangible-Book Chart

Research Alliance II Annual Data
Trend Dec20 Dec21
Price-to-Tangible-Book
- 1.29

Research Alliance II Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Price-to-Tangible-Book Get a 7-Day Free Trial 1.30 1.29 1.29 1.30 1.30

Competitive Comparison of Research Alliance II's Price-to-Tangible-Book

For the Shell Companies subindustry, Research Alliance II'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.


Research Alliance II's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Research Alliance II's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Research Alliance II's Price-to-Tangible-Book falls into.



Research Alliance II Price-to-Tangible-Book Calculation

Research Alliance II's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2022 )
=10.105/7.587
=1.33

* 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.


Research Alliance II Price-to-Tangible-Book Related Terms

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


Research Alliance II (Research Alliance II) Business Description

Traded in Other Exchanges
N/A
Address
3172 North Rainbow Boulevard, Suite 1278, Las Vegas, NV, USA, 89108
Research Alliance Corp II is a blank check company.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Peter Kolchinsky director, officer: Chief Executive Officer 200 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Stephen J Hoffman director C/O SKYLINE VENTURES, 525 UNIVERSITY AVE., SUITE 1350, PALO ALTO CA 94301
Thomas Leggett director C/O AXCELLA HEALTH INC., 840 MEMORIAL DRIVE, CAMBRIDGE MA 02139
Matthew Hammond director, officer: Chief Investment Officer 200 BERKELEY STREET, 18TH FLOOR, BOSTON MA 02116
Research Alliance Holdings Ii Llc 10 percent owner 200 BERKELEY STREET 18TH FLOOR, BOSTON MA 02116
Theresa Cameron director, 10 percent owner, officer: Chief Financial Officer C/O THERAPEUTICS ACQUISITION CORP., 200 BERKELEY STREET. 18TH F L, BOSTON MA 02116
Clive Patience director C/O RESEARCH ALLIANCE CORP. II, 3172 NORTH RAINBOW BLVD. SUITE 1278, LAS VEGAS NV 89108

Research Alliance II (Research Alliance II) Headlines

From GuruFocus

Research Alliance Corp. II Will Redeem Public Shares

By Business Wire Business Wire 11-28-2022