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Standard Mercantile Acquisition (TSX:SMA) Price-to-Tangible-Book : 0.35 (As of May. 01, 2024)


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What is Standard Mercantile Acquisition Price-to-Tangible-Book?

As of today (2024-05-01), Standard Mercantile Acquisition's share price is C$0.26. Standard Mercantile Acquisition's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was C$0.74. Hence, Standard Mercantile Acquisition's Price to Tangible Book Ratio of today is 0.35.

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

TSX:SMA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.35   Med: 0.85   Max: 1.43
Current: 0.35

During the past 11 years, Standard Mercantile Acquisition's highest Price to Tangible Book Ratio was 1.43. The lowest was 0.35. And the median was 0.85.

TSX:SMA's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.94 vs TSX:SMA: 0.35

A closely related ratio is called PB Ratio. As of today, Standard Mercantile Acquisition's share price is C$0.26. Standard Mercantile Acquisition's Book Value per Sharefor the quarter that ended in Jun. 2023 was C$0.74. Hence, Standard Mercantile Acquisition's P/B Ratio of today is 0.35.


Standard Mercantile Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Standard Mercantile Acquisition'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.

Standard Mercantile Acquisition Price-to-Tangible-Book Chart

Standard Mercantile Acquisition Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.71 0.77 0.83 0.86 0.81

Standard Mercantile Acquisition Quarterly Data
Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.85 0.83 0.81 0.72 0.65

Competitive Comparison of Standard Mercantile Acquisition's Price-to-Tangible-Book

For the Asset Management subindustry, Standard Mercantile Acquisition'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.


Standard Mercantile Acquisition's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Standard Mercantile Acquisition's Price-to-Tangible-Book distribution charts can be found below:

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



Standard Mercantile Acquisition Price-to-Tangible-Book Calculation

Standard Mercantile Acquisition's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=0.26/0.737
=0.35

* 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.


Standard Mercantile Acquisition Price-to-Tangible-Book Related Terms

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Standard Mercantile Acquisition (TSX:SMA) Business Description

Traded in Other Exchanges
N/A
Address
181 Bay Street, Suite 1800, Toronto, ON, CAN, M5J 2T9
Standard Mercantile Acquisition Corp is focused on monetizing its remaining mortgage assets and is seeking a target acquisition to enable its shareholders to participate in the potential future value of the company's public listing through a merger transaction with a private operating business.

Standard Mercantile Acquisition (TSX:SMA) Headlines

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