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Opensesame Acquisition (TSXV:OPEN.P) Price-to-Tangible-Book : 1.35 (As of Sep. 24, 2024)


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What is Opensesame Acquisition Price-to-Tangible-Book?

As of today (2024-09-24), Opensesame Acquisition's share price is C$0.05. Opensesame Acquisition's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was C$0.04. Hence, Opensesame Acquisition's Price to Tangible Book Ratio of today is 1.35.

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

TSXV:OPEN.P' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.22   Med: 1.38   Max: 3.21
Current: 1.25

During the past 3 years, Opensesame Acquisition's highest Price to Tangible Book Ratio was 3.21. The lowest was 1.22. And the median was 1.38.

TSXV:OPEN.P's Price-to-Tangible-Book is ranked better than
62.12% of 462 companies
in the Diversified Financial Services industry
Industry Median: 1.585 vs TSXV:OPEN.P: 1.25

A closely related ratio is called PB Ratio. As of today, Opensesame Acquisition's share price is C$0.05. Opensesame Acquisition's Book Value per Sharefor the quarter that ended in Jun. 2024 was C$0.04. Hence, Opensesame Acquisition's P/B Ratio of today is 1.35.


Opensesame Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Opensesame 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.

Opensesame Acquisition Price-to-Tangible-Book Chart

Opensesame Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 2.24 1.22

Opensesame Acquisition Quarterly Data
Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.36 1.40 1.22 1.22 1.35

Competitive Comparison of Opensesame Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, Opensesame 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.


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

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

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



Opensesame Acquisition Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=0.05/0.037
=1.35

* 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.


Opensesame Acquisition Price-to-Tangible-Book Related Terms

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


Opensesame Acquisition Business Description

Traded in Other Exchanges
N/A
Address
700 West Georgia Street, Suite 2500, Vancouver, BC, CAN, V7Y 1B3
Website
Opensesame Acquisition Corp is a capital pool company.

Opensesame Acquisition Headlines

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