GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Emerald Acquisition Corp (NAS:EMLD) » Definitions » Price-to-Tangible-Book

FTAC Emerald Acquisition (FTAC Emerald Acquisition) Price-to-Tangible-Book : 1.66 (As of May. 16, 2024)


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

What is FTAC Emerald Acquisition Price-to-Tangible-Book?

As of today (2024-05-16), FTAC Emerald Acquisition's share price is $10.62. FTAC Emerald Acquisition's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.40. Hence, FTAC Emerald Acquisition's Price to Tangible Book Ratio of today is 1.66.

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

EMLD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.41   Med: 1.53   Max: 1.66
Current: 1.66

During the past 3 years, FTAC Emerald Acquisition's highest Price to Tangible Book Ratio was 1.66. The lowest was 1.41. And the median was 1.53.

EMLD's Price-to-Tangible-Book is ranked better than
55.85% of 496 companies
in the Diversified Financial Services industry
Industry Median: 1.805 vs EMLD: 1.66

A closely related ratio is called PB Ratio. As of today, FTAC Emerald Acquisition's share price is $10.62. FTAC Emerald Acquisition's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.40. Hence, FTAC Emerald Acquisition's P/B Ratio of today is 1.66.

FTAC Emerald Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for FTAC Emerald 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.

FTAC Emerald Acquisition Price-to-Tangible-Book Chart

FTAC Emerald Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 1.41 1.65

FTAC Emerald Acquisition Quarterly Data
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 1.41 1.43 1.44 1.73 1.65

Competitive Comparison of FTAC Emerald Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, FTAC Emerald 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.

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

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

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


FTAC Emerald Acquisition Price-to-Tangible-Book Calculation

FTAC Emerald 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 )
=10.62/6.4
=1.66

* 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:

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.

FTAC Emerald Acquisition Price-to-Tangible-Book Related Terms

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

FTAC Emerald Acquisition (FTAC Emerald Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » FTAC Emerald Acquisition Corp (NAS:EMLD) » Definitions » Price-to-Tangible-Book
Comparable Companies
CNDA KCGI APGB RRAC NFNT FRBN CXAC SVII NETD IPXX PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
2929 Arch Street, Suite 1703, Philadelphia, PA, USA, 19104
Website
FTAC Emerald 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 or assets.
Executives
Emerald Esg Advisors, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Douglas Listman officer: Chief Financial Officer 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
Therese Rein director GPO BOX 3208, BRISBANE C3 4000
Betsy Z Cohen director, 10 percent owner
Lisa M Shalett director C/O PENNYMAC, 3043 TOWNSGATE ROAD, WESTLAKE VILLAGE CA 91361
Andrew Hohns director 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104
Tensie Whelan director C/O INVESTINDUSTRIAL, INC., 11-12 ST. JAMES SQUARE, 3RD FLOOR, LONDON X0 SW1Y 4LB
Mark R Tercek director
Young Bracebridge H Jr officer: President and CEO 35 WYKEHAM RD, NEWTON MA 02465
Emerald Esg Sponsor, Llc 10 percent owner 2929 ARCH STREET STE 1703, PHILADELPHIA PA 19104