Trident Acquisitions (Trident Acquisitions) Price-to-Tangible-Book : (As of Jun. 20, 2024)

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What is Trident Acquisitions Price-to-Tangible-Book?

As of today (2024-06-20), Trident Acquisitions's share price is $3.59. Trident Acquisitions's Tangible Book per Share of Jun. 2021 for the quarter that ended in Jun. 2021 was $0.00. Hence, Trident Acquisitions's Price to Tangible Book Ratio of today is .

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

During the past 5 years, Trident Acquisitions's highest Price to Tangible Book Ratio was 3.36. The lowest was 0.00. And the median was 2.04.

TDACW'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, Trident Acquisitions's share price is $3.59. Trident Acquisitions's Book Value per Sharefor the quarter that ended in Jun. 2021 was $0.00. Hence, Trident Acquisitions's P/B Ratio of today is .

Trident Acquisitions Price-to-Tangible-Book Historical Data

The historical data trend for Trident Acquisitions'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.

Trident Acquisitions Price-to-Tangible-Book Chart

Trident Acquisitions Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Price-to-Tangible-Book

Trident Acquisitions Semi-Annual Data
	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21
Price-to-Tangible-Book	Get a 7-Day Free Trial												-	-	-	-	-

Competitive Comparison of Trident Acquisitions's Price-to-Tangible-Book

For the Shell Companies subindustry, Trident Acquisitions'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.

Trident Acquisitions's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Trident Acquisitions's Price-to-Tangible-Book falls into.

Trident Acquisitions Price-to-Tangible-Book Calculation

Trident Acquisitions's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2021 )
	=	3.59	/
	=

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.

Trident Acquisitions Price-to-Tangible-Book Related Terms

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

Trident Acquisitions (Trident Acquisitions) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trident Acquisitions Corp (NAS:TDACW) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

77 Water Street, Floor 8, New York, NY, USA, 10005

Website

https://www.tridentacquisitions.com

Trident Acquisitions Corp is a blank check company. The firm intends to focus its search on target businesses operating in oil and gas or other natural resources companies in Eastern Europe.