GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hennessy Capital Investment Corp VI (NAS:HCVI) » Definitions » PB Ratio

Hennessy Capital Investment VI (Hennessy Capital Investment VI) PB Ratio : 1.48 (As of May. 05, 2024)


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

What is Hennessy Capital Investment VI 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 (2024-05-05), Hennessy Capital Investment VI's share price is $10.50. Hennessy Capital Investment VI's Book Value per Share for the quarter that ended in Dec. 2023 was $7.11. Hence, Hennessy Capital Investment VI's PB Ratio of today is 1.48.

The historical rank and industry rank for Hennessy Capital Investment VI's PB Ratio or its related term are showing as below:

HCVI' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.85
Current: 1.48

During the past 3 years, Hennessy Capital Investment VI's highest PB Ratio was 1.85. The lowest was 0.00. And the median was 0.00.

HCVI's PB Ratio is ranked better than
59.85% of 528 companies
in the Diversified Financial Services industry
Industry Median: 1.835 vs HCVI: 1.48

During the past 12 months, Hennessy Capital Investment VI's average Book Value Per Share Growth Rate was -2.40% per year.

Back to Basics: PB Ratio

Hennessy Capital Investment VI PB Ratio Historical Data

The historical data trend for Hennessy Capital Investment VI'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.

Hennessy Capital Investment VI PB Ratio Chart

Hennessy Capital Investment VI Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
1.40 1.36 1.47

Hennessy Capital Investment VI Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.36 1.38 1.40 1.50 1.47

Competitive Comparison of Hennessy Capital Investment VI's PB Ratio

For the Shell Companies subindustry, Hennessy Capital Investment VI'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.

Hennessy Capital Investment VI's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Hennessy Capital Investment VI's PB Ratio distribution charts can be found below:

* The bar in red indicates where Hennessy Capital Investment VI's PB Ratio falls into.


Hennessy Capital Investment VI 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.

Hennessy Capital Investment VI's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=10.50/7.109
=1.48

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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.

Hennessy Capital Investment VI  (NAS:HCVI) 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.

Hennessy Capital Investment VI PB Ratio Related Terms

Thank you for viewing the detailed overview of Hennessy Capital Investment VI's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Hennessy Capital Investment VI (Hennessy Capital Investment VI) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Hennessy Capital Investment Corp VI (NAS:HCVI) » Definitions » PB Ratio
Comparable Companies
TRTL CCVI SLAM SAGA DWAC NETD CXAC NFNT APGB KCGI PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT LSE:ADMR CNDA
Traded in Other Exchanges
N/A
Address
3415 North Pines Way, Suite 204, Wilson, WY, USA, 83014
Website
https://www.hennessycapllc.com
Hennessy Capital Investment Corp VI is a newly incorporated 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.
Executives
Atlas Merchant Capital Llc 10 percent owner 477 MADISON AVENUE, 22ND FLOOR, NEW YORK NY 10022
Arena Capital Advisors, Llc- Ca 10 percent owner 12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025
Arena Short Duration High Yield Fund Lp - Series H 10 percent owner 12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025
Arena Short Duration High Yield Fund, L.p.- Series G 10 percent owner 12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025-1164
Arena Short Duration High Yield Fund, Lp - Series D 10 percent owner 12121 WILSHIRE BLVD, SUITE 1010, LOS ANGELES CA 90025
Arena Vii, Llc 10 percent owner 12121 WILSHIRE BLVD., SUITE 1010, LOS ANGELES CA 90025
Arena Short Duration High Yield Fund, Lp- Series E 10 percent owner 12121 WILSHIRE BLVD STE 1010, LOS ANGELES CA 90025
Arena Short Duration High Yield Fund, Lp - Series C 10 percent owner 12121 WILSHIRE BLVD, SUITE 1010, LOS ANGELES CA 90025
Arena Short Duration High Yield Fund, Lp - Series B 10 percent owner 12121 WILSHIRE BLVD, SUITE 1010, LOS ANGELES CA 90025
Arena Short Duration High Yield Fund, Lp - Series A 10 percent owner 12121 WILSHIRE BLVD., SUITE 1010, LOS ANGELES CA 90025
Richard H Fearon director 1239 GERBING ROAD, AMELIA ISLAND FL 32034
Hennessy Capital Partners Vi Llc 10 percent owner 3415 N. PINES WAY, SUITE 204, WILSON WY 83014
Greg Ethridge director, 10 percent owner, officer: PRESIDENT AND COO 585 WEED STREET, NEW CANAAN CT 06840
Nicholas A Petruska 10 percent owner, officer: EVP, CFO AND SECRETARY 10 SOUTH WACKER DRIVE, SUITE 3175, CHICAGO IL 60606
Hennessy Capital Group Llc 10 percent owner 10 SOUTH WACKER DRIVE, SUITE 3175, CHICAGO IL 60606