Trine Acquisition (Trine Acquisition) ROE % Adjusted to Book Value : -2.91% (As of Sep. 2020)

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What is Trine Acquisition ROE % Adjusted to Book Value?

Trine Acquisition's ROE % for the quarter that ended in Sep. 2020 was -4.04%. Trine Acquisition's PB Ratio for the quarter that ended in Sep. 2020 was 1.39. Trine Acquisition's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2020 was -2.91%.

Trine Acquisition ROE % Adjusted to Book Value Historical Data

The historical data trend for Trine Acquisition's ROE % Adjusted to Book Value 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.

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Trine Acquisition ROE % Adjusted to Book Value Chart

Trine Acquisition Annual Data

Trend

Dec18

Dec19

ROE % Adjusted to Book Value

1.46

Trine Acquisition Quarterly Data
	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20	Sep20
ROE % Adjusted to Book Value	Get a 7-Day Free Trial			0.91	0.72	0.26	-0.18	-2.91

Competitive Comparison of Trine Acquisition's ROE % Adjusted to Book Value

For the Shell Companies subindustry, Trine Acquisition's ROE % Adjusted to Book Value, along with its competitors' market caps and ROE % Adjusted to Book Value 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.

Trine Acquisition's ROE % Adjusted to Book Value Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Trine Acquisition's ROE % Adjusted to Book Value distribution charts can be found below:

* The bar in red indicates where Trine Acquisition's ROE % Adjusted to Book Value falls into.

Trine Acquisition ROE % Adjusted to Book Value Calculation

Trine Acquisition's ROE % Adjusted to Book Value for the fiscal year that ended in Dec. 2019 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	1.85%	/	1.27
	=	1.46%

Trine Acquisition's ROE % Adjusted to Book Value for the quarter that ended in Sep. 2020 is calculated as

ROE % Adjusted to Book Value	=	ROE %	/	PB Ratio
	=	-4.04%	/	1.39
	=	-2.91%

Trine Acquisition ROE % Adjusted to Book Value Related Terms

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Trine Acquisition (Trine Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Trine Acquisition Corp (NYSE:TRNE) » Definitions » ROE % Adjusted to Book Value

Comparable Companies

Traded in Other Exchanges

N/A

Address

405 Lexington Avenue, 48th Floor, The Chrysler Building, New York, NY, USA, 10174

Website

https://www.trineacquisitioncorp.com

Trine Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization or similar business combination with one or more businesses.