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Distoken Acquisition (Distoken Acquisition) Price-to-Tangible-Book : 1.70 (As of May. 27, 2024)


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What is Distoken Acquisition Price-to-Tangible-Book?

As of today (2024-05-27), Distoken Acquisition's share price is $10.75. Distoken Acquisition's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.33. Hence, Distoken Acquisition's Price to Tangible Book Ratio of today is 1.70.

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

DIST' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.67   Med: 1.67   Max: 1.7
Current: 1.7

During the past 4 years, Distoken Acquisition's highest Price to Tangible Book Ratio was 1.70. The lowest was 1.67. And the median was 1.67.

DIST's Price-to-Tangible-Book is ranked better than
54.53% of 486 companies
in the Diversified Financial Services industry
Industry Median: 1.86 vs DIST: 1.70

A closely related ratio is called PB Ratio. As of today, Distoken Acquisition's share price is $10.75. Distoken Acquisition's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.33. Hence, Distoken Acquisition's P/B Ratio of today is 1.70.


Distoken Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Distoken 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.

Distoken Acquisition Price-to-Tangible-Book Chart

Distoken Acquisition Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - 1.67

Distoken Acquisition Quarterly Data
Jun20 Sep20 Dec20 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 1.34 1.35 1.37 1.67

Competitive Comparison of Distoken Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, Distoken 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.


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

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

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



Distoken Acquisition Price-to-Tangible-Book Calculation

Distoken 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 )
=10.75/6.329
=1.70

* 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 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.


Distoken Acquisition Price-to-Tangible-Book Related Terms

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


Distoken Acquisition (Distoken Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
No. 2 Xiaoba Road, Unit 1006, Block C, Jinshangjun Park, Panlong District, Yunnan, Kunming, CHN
Website
Distoken Acquisition Corp is a blank check company.
Executives
John Wallace director 55 BROADWAY, 19TH FLOOR, NEW YORK NY 10006
Xiaosen Sponsor Llc director, 10 percent owner, officer: CEO and Chairman UNIT 1006 BLOCK C, JINSHANGJUN PARK, KUNMING YUNNAN F4 000000
Jirong Lyu director, officer: Chief Financial Officer UNIT 1006, BLOCK C, JINSHANGJUN PARK, NO. 2 XIAOBA ROAD, PANLONG DISTRICT, KUNMING, YUNNAN F4 00000
Joseph Valenza director UNIT 1006, BLOCK C, JINSHANGJUN PARK, NO. 2 XIAOBA ROAD, PANLONG DISTRICT, KUNMING, YUNNAN F4 00000
Yiwen Ma officer: Chief Technology Officer UNIT 1006, BLOCK C, JINSHANGJUN PARK, NO. 2 XIAOBA ROAD, PANLONG DISTRICT, KUNMING, YUNNAN F4 00000
Ning Wang director UNIT 1006, BLOCK C, JINSHANGJUN PARK, NO. 2 XIAOBA ROAD, PANLONG DISTRICT, KUNMING, YUNNAN F4 00000
Jian Zhang director, 10 percent owner, officer: CEO and Chairman UNIT 1006, BLOCK C, JINSHANGJUN PARK, NO. 2 XIAOBA ROAD, PANLONG DISTRICT, KUNMING, YUNNAN F4 00000
Zhanming Zhang officer: Chief Investment Officer UNIT 1006, BLOCK C, JINSHANGJUN PARK, NO. 2 XIAOBA RD, PANLONG, YUNNAN F4 000000