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Battery Future Acquisition (Battery Future Acquisition) Price-to-Tangible-Book : 2.68 (As of May. 28, 2024)


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What is Battery Future Acquisition Price-to-Tangible-Book?

As of today (2024-05-28), Battery Future Acquisition's share price is $11.01. Battery Future Acquisition's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $4.11. Hence, Battery Future Acquisition's Price to Tangible Book Ratio of today is 2.68.

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

BFAC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.24   Med: 1.26   Max: 3.08
Current: 2.68

During the past 3 years, Battery Future Acquisition's highest Price to Tangible Book Ratio was 3.08. The lowest was 1.24. And the median was 1.26.

BFAC's Price-to-Tangible-Book is ranked worse than
64.81% of 486 companies
in the Diversified Financial Services industry
Industry Median: 1.845 vs BFAC: 2.68

A closely related ratio is called PB Ratio. As of today, Battery Future Acquisition's share price is $11.01. Battery Future Acquisition's Book Value per Sharefor the quarter that ended in Mar. 2024 was $4.11. Hence, Battery Future Acquisition's P/B Ratio of today is 2.68.

Battery Future Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Battery Future 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.

Battery Future Acquisition Price-to-Tangible-Book Chart

Battery Future Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 1.25 3.08

Battery Future Acquisition Quarterly Data
Jul21 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 1.26 1.84 1.88 3.08 2.67

Competitive Comparison of Battery Future Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, Battery Future 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.

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

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

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


Battery Future Acquisition Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2024 )
=11.01/4.113
=2.68

* 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:

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.

Battery Future Acquisition Price-to-Tangible-Book Related Terms

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

Battery Future Acquisition (Battery Future Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Battery Future Acquisition Corp (NYSE:BFAC) » Definitions » Price-to-Tangible-Book
Comparable Companies
VADP PRPC CONX ISRL CFIV BOAC PHYT CFFS RCFA PPYA PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
777 Brickell Avenue, No.500-97545, Miami, FL, USA, 33131
Website
https://www.futureacquisition.com
Battery Future Acquisition Corp is a blank check company.
Executives
Josh Payne officer: Chief Operating Officer 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Adrian Griffin director 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Simon Hay director 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Greg Martyr director, officer: Chief Executive Officer 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Battery Future Sponsor Llc 10 percent owner 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Kristopher Salinger director, 10 percent owner, officer: Chief Financial Officer 51 NW 26TH STREET SUITE 533, MIAMI FL 33127
Erez Ichilov director 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Nicholas O'loughlin officer: Chief Development Officer 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Natalia Streltsova director C/O BATTERY FUTURE ACQUISITION CORP., 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127
Jessica Fung director C/O BATTERY FUTURE ACQUISITION CORP., 51 NW 26TH STREET, SUITE 533, MIAMI FL 33127