TPG Pace Beneficial II (TPG Pace Beneficial II) Price-to-Tangible-Book : 1.41 (As of Jun. 04, 2024)

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What is TPG Pace Beneficial II Price-to-Tangible-Book?

As of today (2024-06-04), TPG Pace Beneficial II's share price is $9.99. TPG Pace Beneficial II's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was $7.08. Hence, TPG Pace Beneficial II's Price to Tangible Book Ratio of today is 1.41.

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

YTPG's Price-to-Tangible-Book is not ranked ^*
in the Diversified Financial Services industry.
Industry Median: 1.86
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, TPG Pace Beneficial II's share price is $9.99. TPG Pace Beneficial II's Book Value per Sharefor the quarter that ended in Dec. 2022 was $7.08. Hence, TPG Pace Beneficial II's P/B Ratio of today is 1.41.

TPG Pace Beneficial II Price-to-Tangible-Book Historical Data

The historical data trend for TPG Pace Beneficial 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.

TPG Pace Beneficial II Price-to-Tangible-Book Chart

TPG Pace Beneficial II Annual Data

Trend

Dec21

Dec22

Price-to-Tangible-Book

1.15

1.39

TPG Pace Beneficial II Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22
Price-to-Tangible-Book	Get a 7-Day Free Trial			1.15	1.38	1.37	1.38	1.39

Competitive Comparison of TPG Pace Beneficial II's Price-to-Tangible-Book

For the Shell Companies subindustry, TPG Pace Beneficial 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.

TPG Pace Beneficial II's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where TPG Pace Beneficial II's Price-to-Tangible-Book falls into.

TPG Pace Beneficial II Price-to-Tangible-Book Calculation

TPG Pace Beneficial II's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2022 )
	=	9.99	/	7.078
	=	1.41

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.

TPG Pace Beneficial II Price-to-Tangible-Book Related Terms

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

TPG Pace Beneficial II (TPG Pace Beneficial II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TPG Pace Beneficial II Corp (NYSE:YTPG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

301 Commerce Street, Suite 3300, Fort Worth, TX, USA, 76102

Website

https://www.tpg.com

TPG Pace Beneficial II Corp is a blank check company.

Executives

Jon Winkelried	director, 10 percent owner	C/O GOLDMAN, SACHS & CO., 85 BROAD STREET, NEW YORK NY 10004
Chad A Leat	director	C/O UNITED AMERICA INDEMNITY GROUP INC., 3 BALA PLAZA EAST, SUITE 300, BALA CYNWYD PA 19004
David Bonderman	director, 10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
James G Coulter	director, 10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Karl Mr. Peterson	director, 10 percent owner	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Mark Fields	director	FORD MOTOR COMPANY, ONE AMERICAN ROAD, DEARBORN MI 48126
Dr Kneeland Youngblood	director	C/O GAP, INC., 2 FOLSOM ST., SAN FRANCISCO CA 94105
Michael G. Macdougall	officer: President	301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Eduardo Tamraz	officer: Secretary	C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Martin Davidson	officer: Chief Financial Officer	C/O TPG PACE ENERGY HOLDINGS CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Anilu Vazquez-ubarri	director	C/O UPWORK INC., 2625 AUGUSTINE DRIVE, SUITE 601, SANTA CLARA CA 95054
Nancy Mahon	director	C/O TPG PACE BENEFICIAL FINANCE CORP., 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Maryanne Hancock	director	C/O TPG PACE HOLDINGS, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Tpg Pace Beneficial Ii Sponsor, Series Llc	director, 10 percent owner	C/O TPG PACE HOLDINGS, 301 COMMERCE STREET, SUITE 3300, FORT WORTH TX 76102
Carlton Ellis	officer: Executive VP of Corp Dev	301 COMMERCE ST., SUITE 3300, FORT WORTH TX 76102

TPG Pace Beneficial II (TPG Pace Beneficial II) Headlines

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