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TLGY Acquisition (TLGY Acquisition) PB Ratio : (As of May. 28, 2024)


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What is TLGY 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 (2024-05-28), TLGY Acquisition's share price is $11.50. TLGY Acquisition's Book Value per Share for the quarter that ended in Mar. 2024 was $0.00. Hence, TLGY Acquisition's PB Ratio of today is .

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

TLGYU' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 4.73
Current: 2.39

During the past 3 years, TLGY Acquisition's highest PB Ratio was 4.73. The lowest was 0.00. And the median was 0.00.

TLGYU's PB Ratio is ranked worse than
59.45% of 508 companies
in the Diversified Financial Services industry
Industry Median: 1.885 vs TLGYU: 2.39

During the past 12 months, TLGY Acquisition's average Book Value Per Share Growth Rate was -4.90% per year.

Back to Basics: PB Ratio


TLGY Acquisition PB Ratio Historical Data

The historical data trend for TLGY 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.

TLGY Acquisition PB Ratio Chart

TLGY Acquisition Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
- - -

TLGY Acquisition Quarterly Data
Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of TLGY Acquisition's PB Ratio

For the Shell Companies subindustry, TLGY 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.


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

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

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



TLGY 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.

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

PB Ratio=Share Price/Book Value per Share (Q: Mar. 2024)
=11.50/
=

* 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.


TLGY Acquisition  (NAS:TLGYU) 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.


TLGY Acquisition PB Ratio Related Terms

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TLGY Acquisition (TLGY Acquisition) Business Description

Traded in Other Exchanges
Address
4001 Kennett Pike, Suite 302, Wilmington, DE, USA, 19807
TLGY 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.