Denali Capital Acquisition (Denali Capital Acquisition) Price-to-Tangible-Book : 1.34 (As of May. 12, 2024)

View and export this data going back to 2022. Start your Free Trial

What is Denali Capital Acquisition Price-to-Tangible-Book?

As of today (2024-05-12), Denali Capital Acquisition's share price is $7.97. Denali Capital Acquisition's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $5.93. Hence, Denali Capital Acquisition's Price to Tangible Book Ratio of today is 1.34.

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

DECA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.34 Med: 1.54 Max: 1.71
Current: 1.34

During the past 2 years, Denali Capital Acquisition's highest Price to Tangible Book Ratio was 1.71. The lowest was 1.34. And the median was 1.54.

DECA's Price-to-Tangible-Book is ranked better than
67.13% of 505 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs DECA: 1.34

A closely related ratio is called PB Ratio. As of today, Denali Capital Acquisition's share price is $7.97. Denali Capital Acquisition's Book Value per Sharefor the quarter that ended in Dec. 2023 was $5.93. Hence, Denali Capital Acquisition's P/B Ratio of today is 1.34.

Denali Capital Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Denali Capital Acquisition'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.

Denali Capital Acquisition Price-to-Tangible-Book Chart

Denali Capital Acquisition Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

1.36

1.71

Denali Capital Acquisition Quarterly Data
	Jan22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			1.36	1.40	1.42	1.44	1.71

Competitive Comparison of Denali Capital Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, Denali Capital Acquisition'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.

Denali Capital Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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

Denali Capital Acquisition Price-to-Tangible-Book Calculation

Denali Capital Acquisition's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	7.97	/	5.934
	=	1.34

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.

Denali Capital Acquisition Price-to-Tangible-Book Related Terms

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

Denali Capital Acquisition (Denali Capital Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Denali Capital Acquisition Corp (NAS:DECA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

437 Madison Avenue, 27th Floor, New York, NY, USA, 10022

Website

Denali Capital Acquisition Corp is a blank check company formed for the purpose of effecting a merger, capital stock exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses.

Executives

Huifeng Chang	director	10 EASTERN DRIVE, PRINCENTON JUNCTION NJ 08550
Kevin Vassily	director	C/O IPOWER INC., 2399 BATEMAN AVENUE, DUARTE CA 91010
Lei Huang	director, officer: Chief Executive Officer	3 STONER AVE, GREAT NECK NY 10021
Jim Mao	director	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
You Sun	officer: Chief Financial Officer	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Jiandong Xu	10 percent owner	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022
Denali Capital Global Investments Llc	10 percent owner	C/O DENALI CAPITAL ACQUISITION CORP., 437 MADISON AVENUE, 27TH FLOOR, NEW YORK NY 10022