Chenghe Acquisition Co (Chenghe Acquisition Co) Price-to-Tangible-Book : 0.74 (As of May. 21, 2024)

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What is Chenghe Acquisition Co Price-to-Tangible-Book?

As of today (2024-05-21), Chenghe Acquisition Co's share price is $5.58. Chenghe Acquisition Co's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $7.55. Hence, Chenghe Acquisition Co's Price to Tangible Book Ratio of today is 0.74.

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

CHEA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.74 Med: 1.28 Max: 1.44
Current: 0.74

During the past 2 years, Chenghe Acquisition Co's highest Price to Tangible Book Ratio was 1.44. The lowest was 0.74. And the median was 1.28.

CHEA's Price-to-Tangible-Book is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.89 vs CHEA: 0.74

A closely related ratio is called PB Ratio. As of today, Chenghe Acquisition Co's share price is $5.58. Chenghe Acquisition Co's Book Value per Sharefor the quarter that ended in Sep. 2023 was $7.55. Hence, Chenghe Acquisition Co's P/B Ratio of today is 0.74.

Chenghe Acquisition Co Price-to-Tangible-Book Historical Data

The historical data trend for Chenghe Acquisition Co'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.

Chenghe Acquisition Co Price-to-Tangible-Book Chart

Chenghe Acquisition Co Annual Data

Trend

Dec21

Dec22

Price-to-Tangible-Book

1.27

Chenghe Acquisition Co Quarterly Data
	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial						1.25	1.27	1.29	1.30	1.44

Competitive Comparison of Chenghe Acquisition Co's Price-to-Tangible-Book

For the Shell Companies subindustry, Chenghe Acquisition Co'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.

Chenghe Acquisition Co's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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

Chenghe Acquisition Co Price-to-Tangible-Book Calculation

Chenghe Acquisition Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	5.58	/	7.554
	=	0.74

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.

Chenghe Acquisition Co Price-to-Tangible-Book Related Terms

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

Chenghe Acquisition Co (Chenghe Acquisition Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Chenghe Acquisition Co (NAS:CHEA) » Definitions » Price-to-Tangible-Book

Comparable Companies

HCMA ALCY HHLA LHC MBAC NSTC VCXB BCSA LCW GAQ PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA

Traded in Other Exchanges

N/A

Address

38 Beach Road No.29-11, South Beach Tower, Singapore, SGP, 189767

Website

Chenghe Acquisition Co is a newly incorporated blank check formed for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar Business Combination with one or more businesses.

Executives

Robert D Ewing	director	PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Qi Li	director, 10 percent owner	C/O SAPPHIRE QI LI, ONE EXCHANGE SQUARE, 8 CONNAUGHT PLACE SUITE 3508, CENTRAL K3 00000
Chenghe Investment Co.	director, 10 percent owner	4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 00000
Zhiyang Zhou	officer: Chief Financial Officer	4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 00000
Shibin Wang	director, officer: Chief Executive Officer	4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 00000
Kwan Sun	director	4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 999077
Ning Ma	director	4/F, ST. JOHN'S BUILDING, 33 GARDEN ROAD, CENTRAL K3 999077

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