InterPrivate III Financial Partners (InterPrivate III Financial Partners) Price-to-Tangible-Book : 12.01 (As of May. 27, 2024)

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What is InterPrivate III Financial Partners Price-to-Tangible-Book?

As of today (2024-05-27), InterPrivate III Financial Partners's share price is $11.10. InterPrivate III Financial Partners's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $0.92. Hence, InterPrivate III Financial Partners's Price to Tangible Book Ratio of today is 12.01.

The historical rank and industry rank for InterPrivate III Financial Partners's Price-to-Tangible-Book or its related term are showing as below:

IPVF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.2 Med: 1.28 Max: 12.33
Current: 12.07

During the past 2 years, InterPrivate III Financial Partners's highest Price to Tangible Book Ratio was 12.33. The lowest was 1.20. And the median was 1.28.

IPVF's Price-to-Tangible-Book is not ranked
in the Diversified Financial Services industry.
Industry Median: 1.86 vs IPVF: 12.07

A closely related ratio is called PB Ratio. As of today, InterPrivate III Financial Partners's share price is $11.10. InterPrivate III Financial Partners's Book Value per Sharefor the quarter that ended in Sep. 2023 was $0.92. Hence, InterPrivate III Financial Partners's P/B Ratio of today is 12.01.

InterPrivate III Financial Partners Price-to-Tangible-Book Historical Data

The historical data trend for InterPrivate III Financial Partners'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.

InterPrivate III Financial Partners Price-to-Tangible-Book Chart

InterPrivate III Financial Partners Annual Data

Trend

Dec21

Dec22

Price-to-Tangible-Book

1.27

3.74

InterPrivate III Financial Partners Quarterly Data
	Jan21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial						1.20	3.74	3.98	12.33	12.14

Competitive Comparison of InterPrivate III Financial Partners's Price-to-Tangible-Book

For the Shell Companies subindustry, InterPrivate III Financial Partners'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.

InterPrivate III Financial Partners's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where InterPrivate III Financial Partners's Price-to-Tangible-Book falls into.

InterPrivate III Financial Partners Price-to-Tangible-Book Calculation

InterPrivate III Financial Partners's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	11.10	/	0.924
	=	12.01

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.

InterPrivate III Financial Partners Price-to-Tangible-Book Related Terms

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InterPrivate III Financial Partners (InterPrivate III Financial Partners) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » InterPrivate III Financial Partners Inc (AMEX:IPVF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1350 Avenue of the Americas, 2nd Floor, New York, NY, USA, 10019

Website

https://www.ipvspac.com

InterPrivate III Financial Partners Inc is a blank check company formed for the purpose of entering into a merger, capital stock exchange, asset acquisition, stock purchase, recapitalization, reorganization or other similar business combination with one or more target businesses.