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Goldenstone Acquisition (Goldenstone Acquisition) Price-to-Tangible-Book : 1.68 (As of May. 16, 2024)


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

As of today (2024-05-16), Goldenstone Acquisition's share price is $11.09. Goldenstone Acquisition's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.60. Hence, Goldenstone Acquisition's Price to Tangible Book Ratio of today is 1.68.

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

GDST' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.32   Med: 1.37   Max: 1.68
Current: 1.68

During the past 3 years, Goldenstone Acquisition's highest Price to Tangible Book Ratio was 1.68. The lowest was 1.32. And the median was 1.37.

GDST's Price-to-Tangible-Book is ranked better than
54.03% of 496 companies
in the Diversified Financial Services industry
Industry Median: 1.805 vs GDST: 1.68

A closely related ratio is called PB Ratio. As of today, Goldenstone Acquisition's share price is $11.09. Goldenstone Acquisition's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.60. Hence, Goldenstone Acquisition's P/B Ratio of today is 1.68.


Goldenstone Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Goldenstone 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.

Goldenstone Acquisition Price-to-Tangible-Book Chart

Goldenstone Acquisition Annual Data
Trend Mar21 Mar22 Mar23
Price-to-Tangible-Book
- - 1.37

Goldenstone Acquisition Quarterly Data
Dec20 Mar21 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 1.36 1.37 1.40 1.41 1.63

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

For the Shell Companies subindustry, Goldenstone 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.


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

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

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



Goldenstone Acquisition Price-to-Tangible-Book Calculation

Goldenstone 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 )
=11.09/6.597
=1.68

* 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.


Goldenstone Acquisition Price-to-Tangible-Book Related Terms

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


Goldenstone Acquisition (Goldenstone Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
4360 E New York Street, Aurora, IL, USA, 60504
Website
Goldenstone Acquisition Ltd is a newly organized blank check company. It is 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
Pin Tai director CATHAY GENERAL BANCORP, 9650 FLAIR DRIVE, EL MONTE CA 91731
Yongsheng Liu officer: Chief Operating Officer FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, N0. 272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Ray Lei Chen director, officer: Chief Financial Officer FLAT A, 6/F, BLOCK A, TONNOCHY TOWERS, NO.272 JAFFE ROAD, WANCHAI, HONG KONG F4 00000
Nan Sun director 4360 E. NEW YORK STREET, AURORA IL 60504
Eddie Juling Ni director, officer: Chief Executive Officer 4360 E. NEW YORK STREET, AURORA IL 60504