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HCM Acquisition (HCM Acquisition) PB Ratio : 5.68 (As of May. 21, 2024)


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What is HCM Acquisition PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-21), HCM Acquisition's share price is $14.50. HCM Acquisition's Book Value per Share for the quarter that ended in Sep. 2023 was $2.55. Hence, HCM Acquisition's PB Ratio of today is 5.68.

The historical rank and industry rank for HCM Acquisition's PB Ratio or its related term are showing as below:

HCMA' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 5.88
Current: 5.68

During the past 2 years, HCM Acquisition's highest PB Ratio was 5.88. The lowest was 0.00. And the median was 0.00.

HCMA's PB Ratio is ranked worse than
83.88% of 515 companies
in the Diversified Financial Services industry
Industry Median: 1.9 vs HCMA: 5.68

During the past 12 months, HCM Acquisition's average Book Value Per Share Growth Rate was -64.40% per year.

Back to Basics: PB Ratio


HCM Acquisition PB Ratio Historical Data

The historical data trend for HCM Acquisition's PB Ratio 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.

HCM Acquisition PB Ratio Chart

HCM Acquisition Annual Data
Trend Dec21 Dec22
PB Ratio
- 1.41

HCM Acquisition Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 1.41 1.41 1.38 4.06 4.30

Competitive Comparison of HCM Acquisition's PB Ratio

For the Shell Companies subindustry, HCM Acquisition's PB Ratio, along with its competitors' market caps and PB Ratio 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.


HCM Acquisition's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, HCM Acquisition's PB Ratio distribution charts can be found below:

* The bar in red indicates where HCM Acquisition's PB Ratio falls into.



HCM Acquisition PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

HCM Acquisition's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2023)
=14.50/2.554
=5.68

* 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:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


HCM Acquisition  (NAS:HCMA) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


HCM Acquisition PB Ratio Related Terms

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HCM Acquisition (HCM Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
100 First Stamford Place, Suite 330, Stamford, CT, USA, 06902
HCM Acquisition Corp is a blank check company.
Executives
David Goldfarb director 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD CT 06902
Shawn Matthews director, officer: Chairman and CEO 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD CT 06902
Steven Bischoff director 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD DC 06902
Jacob Loveless director 100 FIRST STAMFORD PLACE SUITE 330, STAMFORD CT 06902
James Bond officer: President and CFO 100 FIRST STAMFORD PLACE, SUITE 330, STAMFORD CT 06902
Hcm Investor Holdings, Llc 10 percent owner 100 FIRST STAMFORD PLACE SUITE 330, STAMFORD CT 06902