Frontier Investment (Frontier Investment) Price-to-Tangible-Book : 4.79 (As of Apr. 29, 2024)

View and export this data going back to 2021. Start your Free Trial

What is Frontier Investment Price-to-Tangible-Book?

As of today (2024-04-29), Frontier Investment's share price is $10.71. Frontier Investment's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $2.24. Hence, Frontier Investment's Price to Tangible Book Ratio of today is 4.79.

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

FICV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.27 Med: 1.3 Max: 5.2
Current: 4.78

During the past 2 years, Frontier Investment's highest Price to Tangible Book Ratio was 5.20. The lowest was 1.27. And the median was 1.30.

FICV's Price-to-Tangible-Book is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.83 vs FICV: 4.78

A closely related ratio is called PB Ratio. As of today, Frontier Investment's share price is $10.71. Frontier Investment's Book Value per Sharefor the quarter that ended in Sep. 2023 was $2.24. Hence, Frontier Investment's P/B Ratio of today is 4.79.

Frontier Investment Price-to-Tangible-Book Historical Data

The historical data trend for Frontier Investment'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.

Frontier Investment Price-to-Tangible-Book Chart

Frontier Investment Annual Data

Trend

Dec21

Dec22

Price-to-Tangible-Book

1.30

Frontier Investment Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial						1.29	1.30	1.32	5.20	4.67

Competitive Comparison of Frontier Investment's Price-to-Tangible-Book

For the Shell Companies subindustry, Frontier Investment'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.

Frontier Investment's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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

Frontier Investment Price-to-Tangible-Book Calculation

Frontier Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	10.71	/	2.238
	=	4.79

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.

Frontier Investment Price-to-Tangible-Book Related Terms

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

Frontier Investment (Frontier Investment) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Frontier Investment Corp (NAS:FICV) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

7G8:Germany

Address

3411 Silverside Road, Tatnall Building Number 104, Wilmington, DE, USA, 19810

Website

Frontier Investment Corp is a blank check company.

Executives

Richard J Berman	director	305 COLLEGE ROAD EAST, PRINCETON NJ 08540
Arif Mansuri	officer: CFO	PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-1104
Kiame Julie Abraham	director	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11
Iyad Malas	director	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11
Disruption Capital Frontier	10 percent owner	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11
Asar Mashkoor	director, officer: Chairman and CEO	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11
Gavin Teo	director	C/O MAPLES CORPORATE SERVICES LIMITED, PO BOX 309, UGLAND HOUSE, GRAND CAYMAN E9 KY1-11