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Progress Acquisition (Progress Acquisition) Price-to-Tangible-Book : (As of Jun. 02, 2024)


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

As of today (2024-06-02), Progress Acquisition's share price is $10.35. Progress Acquisition's Tangible Book per Share of Sep. 2022 for the quarter that ended in Sep. 2022 was $0.00. Hence, Progress Acquisition's Price to Tangible Book Ratio of today is .

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

During the past 2 years, Progress Acquisition's highest Price to Tangible Book Ratio was 1.30. The lowest was 1.24. And the median was 1.25.

PGRWU's Price-to-Tangible-Book is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.855
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Progress Acquisition's share price is $10.35. Progress Acquisition's Book Value per Sharefor the quarter that ended in Sep. 2022 was $0.00. Hence, Progress Acquisition's P/B Ratio of today is .

Progress Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Progress 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.

Progress Acquisition Price-to-Tangible-Book Chart

Progress Acquisition Annual Data
Trend Dec20 Dec21
Price-to-Tangible-Book
- -

Progress Acquisition Quarterly Data
Oct20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Price-to-Tangible-Book Get a 7-Day Free Trial - - - - -

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

For the Shell Companies subindustry, Progress 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.

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

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

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


Progress Acquisition Price-to-Tangible-Book Calculation

Progress Acquisition's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2022 )
=10.35/
=

* 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.

Progress Acquisition Price-to-Tangible-Book Related Terms

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

Progress Acquisition (Progress Acquisition) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Progress Acquisition Corp (NAS:PGRWU) » Definitions » Price-to-Tangible-Book
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Traded in Other Exchanges
N/A
Address
50 Milk Street, 16th Floor, Boston, TX, USA, 02109
Website
https://www.progressacquisition.com
Progress Acquisition Corp is a blank check company.
Executives
Rcg Lv Pearl Llc 10 percent owner 599 LEXINGTON AVENUE, NEW YORK NY 10022
Cowen Inc. 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Jeffrey A Altman 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Owl Creek Asset Management, L.p. 10 percent owner 640 FIFTH AVENUE, 20TH FLOOR, NEW YORK NY 10019
Cowen Holdings, Inc. 10 percent owner 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Cowen And Company, Llc 10 percent owner 599 LEXINGTON AVENUE, 20TH FLOOR, NEW YORK NY 10022
Isos Sponsor Iii Llc other: Member of sponsor 55 POST ROAD W, SUITE 200, WESTPORT CT 06880
Winston Meade officer: Chief Strategy Officer 55 POST ROAD W, SUITE 200, WESTPORT CT 06880
George A. Barrios officer: Co-President of Issuer C/O 1241 EAST MAIN STREET, STAMFORD CT 06902
Michelle D Wilson officer: Co-President of Issuer C/O WORLD WRESTLING ENTERTAINMENT, INC., 1241 EAST MAIN STREET, STAMFORD CT 06902
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Sanjay Puri director 50 MILK STREET, 16TH FLOOR, BOSTON MA 02109
Richard Battista director C/O LODGENET INTERACTIVE CORPORATION, 3900 WEST INNOVATION STREET, SIOUX FALLS SD 57107-7002
David J Arslanian 10 percent owner, officer: President 76 SUMMER ST. 5TH FLOOR, BOSTON MA 02110
Progress Capital I, Llc 10 percent owner 50 MILK STREET, 16TH FLOOR, BOSTON MA 02109