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Shinhan 11th Special Purpose Acquisition Company Co (XKRX:452980) Price-to-Tangible-Book : 1.00 (As of May. 15, 2025)


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What is Shinhan 11th Special Purpose Acquisition Company Co Price-to-Tangible-Book?

As of today (2025-05-15), Shinhan 11th Special Purpose Acquisition Company Co's share price is ₩2010.00. Shinhan 11th Special Purpose Acquisition Company Co's Tangible Book per Share of Dec. 2024 for the quarter that ended in Dec. 2024 was ₩2,011.87. Hence, Shinhan 11th Special Purpose Acquisition Company Co's Price to Tangible Book Ratio of today is 1.00.

The historical rank and industry rank for Shinhan 11th Special Purpose Acquisition Company Co's Price-to-Tangible-Book or its related term are showing as below:

XKRX:452980' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.95   Med: 0.96   Max: 1
Current: 1

During the past 2 years, Shinhan 11th Special Purpose Acquisition Company Co's highest Price to Tangible Book Ratio was 1.00. The lowest was 0.95. And the median was 0.96.

XKRX:452980's Price-to-Tangible-Book is ranked better than
81.25% of 384 companies
in the Diversified Financial Services industry
Industry Median: 1.36 vs XKRX:452980: 1.00

A closely related ratio is called PB Ratio. As of today, Shinhan 11th Special Purpose Acquisition Company Co's share price is ₩2010.00. Shinhan 11th Special Purpose Acquisition Company Co's Book Value per Sharefor the quarter that ended in Dec. 2024 was ₩2,011.87. Hence, Shinhan 11th Special Purpose Acquisition Company Co's P/B Ratio of today is 1.00.


Shinhan 11th Special Purpose Acquisition Company Co Price-to-Tangible-Book Historical Data

The historical data trend for Shinhan 11th Special Purpose Acquisition Company Co'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.

Shinhan 11th Special Purpose Acquisition Company Co Price-to-Tangible-Book Chart

Shinhan 11th Special Purpose Acquisition Company Co Annual Data
Trend Dec23 Dec24
Price-to-Tangible-Book
0.95 0.97

Shinhan 11th Special Purpose Acquisition Company Co Quarterly Data
Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24 Dec24
Price-to-Tangible-Book Get a 7-Day Free Trial 0.95 0.99 0.99 0.97 0.97

Competitive Comparison of Shinhan 11th Special Purpose Acquisition Company Co's Price-to-Tangible-Book

For the Shell Companies subindustry, Shinhan 11th Special Purpose Acquisition Company Co'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.


Shinhan 11th Special Purpose Acquisition Company Co's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Shinhan 11th Special Purpose Acquisition Company Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Shinhan 11th Special Purpose Acquisition Company Co's Price-to-Tangible-Book falls into.


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Shinhan 11th Special Purpose Acquisition Company Co Price-to-Tangible-Book Calculation

Shinhan 11th Special Purpose Acquisition Company Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2024 )
=2010.00/2011.865
=1.00

* 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.


Shinhan 11th Special Purpose Acquisition Company Co Price-to-Tangible-Book Related Terms

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Shinhan 11th Special Purpose Acquisition Company Co Business Description

Traded in Other Exchanges
N/A
Address
70 Yeoui-daero, Yeongdeungpo-gu, Seoul, KOR
Website
Shinhan 11th Special Purpose Acquisition Company Co Ltd is a special purpose acquisition company.

Shinhan 11th Special Purpose Acquisition Company Co Headlines

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