Tuscan Holdings II (Tuscan Holdings II) Price-to-Tangible-Book : 3.24 (As of May. 24, 2024)

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What is Tuscan Holdings II Price-to-Tangible-Book?

As of today (2024-05-24), Tuscan Holdings II's share price is $10.47. Tuscan Holdings II's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was $3.24. Hence, Tuscan Holdings II's Price to Tangible Book Ratio of today is 3.24.

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

THCA's Price-to-Tangible-Book is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 1.83
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Tuscan Holdings II's share price is $10.47. Tuscan Holdings II's Book Value per Sharefor the quarter that ended in Sep. 2022 was $3.24. Hence, Tuscan Holdings II's P/B Ratio of today is 3.24.

Tuscan Holdings II Price-to-Tangible-Book Historical Data

The historical data trend for Tuscan Holdings 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.

Tuscan Holdings II Price-to-Tangible-Book Chart

Tuscan Holdings II Annual Data

Trend

Dec19

Dec20

Dec21

Price-to-Tangible-Book

1.26

1.42

1.55

Tuscan Holdings II Quarterly Data
	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20	Dec20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22
Price-to-Tangible-Book	Get a 7-Day Free Trial										1.40	1.55	3.51	3.18	3.21

Competitive Comparison of Tuscan Holdings II's Price-to-Tangible-Book

For the Shell Companies subindustry, Tuscan Holdings 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.

Tuscan Holdings II's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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

Tuscan Holdings II Price-to-Tangible-Book Calculation

Tuscan Holdings 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 )
	=	10.47	/	3.235
	=	3.24

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.

Tuscan Holdings II Price-to-Tangible-Book Related Terms

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

Tuscan Holdings II (Tuscan Holdings II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Tuscan Holdings Corp II (OTCPK:THCA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

135 E. 57th Street, 17th Floor, New York, NY, USA, 10022

Website

Tuscan Holdings Corp II is a blank check company.

Executives

Michael Auerbach	director	158 HESTER STREET, APT 7F, NEW YORK NY 10013
Stephen A Vogel	director, 10 percent owner, officer: Chief Executive Officer	701 BRAZOS STREET, SUITE 1200, AUSTIN TX 78701
Richard O. Rieger	officer: Chief Financial Officer	C/O TUSCAN HOLDINGS CORP., 135 E. 57TH ST., 18TH FLOOR, NEW YORK NY 10022
David H Dickstein	director	C/O TUSCAN HOLDINGS CORP. II, 135 E 57TH ST 17TH FL, NEW YORK NY 10022