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Cinaport Acquisition III (TSXV:CAC.P) Price-to-Tangible-Book : 0.32 (As of Jun. 21, 2024)


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What is Cinaport Acquisition III Price-to-Tangible-Book?

As of today (2024-06-21), Cinaport Acquisition III's share price is C$0.035. Cinaport Acquisition III's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was C$0.11. Hence, Cinaport Acquisition III's Price to Tangible Book Ratio of today is 0.32.

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

TSXV:CAC.P' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.23   Med: 1.09   Max: 2
Current: 0.32

During the past 6 years, Cinaport Acquisition III's highest Price to Tangible Book Ratio was 2.00. The lowest was 0.23. And the median was 1.09.

TSXV:CAC.P's Price-to-Tangible-Book is ranked better than
96.62% of 474 companies
in the Diversified Financial Services industry
Industry Median: 1.805 vs TSXV:CAC.P: 0.32

A closely related ratio is called PB Ratio. As of today, Cinaport Acquisition III's share price is C$0.035. Cinaport Acquisition III's Book Value per Sharefor the quarter that ended in Mar. 2024 was C$0.11. Hence, Cinaport Acquisition III's P/B Ratio of today is 0.32.


Cinaport Acquisition III Price-to-Tangible-Book Historical Data

The historical data trend for Cinaport Acquisition III'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.

Cinaport Acquisition III Price-to-Tangible-Book Chart

Cinaport Acquisition III Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.88 1.11 1.06 0.46 0.27

Cinaport Acquisition III Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.45 0.23 0.32 0.27 0.64

Competitive Comparison of Cinaport Acquisition III's Price-to-Tangible-Book

For the Shell Companies subindustry, Cinaport Acquisition III'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.


Cinaport Acquisition III's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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



Cinaport Acquisition III Price-to-Tangible-Book Calculation

Cinaport Acquisition III's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=0.035/0.11
=0.32

* 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.


Cinaport Acquisition III Price-to-Tangible-Book Related Terms

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


Cinaport Acquisition III (TSXV:CAC.P) Business Description

Traded in Other Exchanges
N/A
Address
333 Bay Street, Suite 635, Toronto, ON, CAN, M5H 2R2
Website
Cinaport Acquisition Corp III is a capital pool company.

Cinaport Acquisition III (TSXV:CAC.P) Headlines

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