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Integrated Rail and Resources Acquisition (Integrated Rail and Resources Acquisition) Price-to-Tangible-Book : 2.51 (As of May. 21, 2024)


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What is Integrated Rail and Resources Acquisition Price-to-Tangible-Book?

As of today (2024-05-21), Integrated Rail and Resources Acquisition's share price is $10.95. Integrated Rail and Resources Acquisition's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.36. Hence, Integrated Rail and Resources Acquisition's Price to Tangible Book Ratio of today is 2.51.

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

IRRX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.31   Med: 1.92   Max: 2.52
Current: 2.51

During the past 3 years, Integrated Rail and Resources Acquisition's highest Price to Tangible Book Ratio was 2.52. The lowest was 1.31. And the median was 1.92.

IRRX's Price-to-Tangible-Book is ranked worse than
62.1% of 496 companies
in the Diversified Financial Services industry
Industry Median: 1.905 vs IRRX: 2.51

A closely related ratio is called PB Ratio. As of today, Integrated Rail and Resources Acquisition's share price is $10.95. Integrated Rail and Resources Acquisition's Book Value per Sharefor the quarter that ended in Dec. 2023 was $4.36. Hence, Integrated Rail and Resources Acquisition's P/B Ratio of today is 2.51.


Integrated Rail and Resources Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Integrated Rail and Resources 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.

Integrated Rail and Resources Acquisition Price-to-Tangible-Book Chart

Integrated Rail and Resources Acquisition Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 1.31 2.52

Integrated Rail and Resources Acquisition Quarterly Data
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 1.31 1.62 1.66 2.67 2.52

Competitive Comparison of Integrated Rail and Resources Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, Integrated Rail and Resources 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.


Integrated Rail and Resources Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Integrated Rail and Resources Acquisition's Price-to-Tangible-Book falls into.



Integrated Rail and Resources Acquisition Price-to-Tangible-Book Calculation

Integrated Rail and Resources 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 )
=10.95/4.359
=2.51

* 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.


Integrated Rail and Resources Acquisition Price-to-Tangible-Book Related Terms

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


Integrated Rail and Resources Acquisition (Integrated Rail and Resources Acquisition) Business Description

Traded in Other Exchanges
N/A
Address
400 W. Morse Boulevard, Suite 220, Winter Park, FL, USA, 32789
Integrated Rail and Resources Acquisition Corp is a 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
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Jason C. Reeves director 400 W. MORSE BOULEVARD, SUITE 220, WINTER PARK FL 32789
Ronald Curt Copley director 400 W. MORSE BOULEVARD, SUITE 220, WINTER PARK FL 32789
Troy O Welch director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Didier Henry N Jr officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Robert L Bach officer: General Counsel 101 COURAGEOUS DRIVE, LEAGUE CITY TX 77573
Nathan Asplund director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Chris A Bertel officer: Chief Financial Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Richard D Bertel director, officer: Chief Executive Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Michael Haeg officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Mark W Hemphill officer: See Remarks 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Timothy J Fisher director, officer: Chief Acquisition Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Rollin D Bredenberg director 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109
Mark A Michel director, officer: Chief Operating Officer 6100 SOUTHWEST BOULEVARD, SUITE 320, FORT WORTH TX 76109