Cartesian Growth II (Cartesian Growth II) Price-to-Tangible-Book : 1.56 (As of May. 16, 2024)

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What is Cartesian Growth II Price-to-Tangible-Book?

As of today (2024-05-16), Cartesian Growth II's share price is $11.22. Cartesian Growth II's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.20. Hence, Cartesian Growth II's Price to Tangible Book Ratio of today is 1.56.

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

RENE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.33 Med: 1.43 Max: 1.56
Current: 1.56

During the past 3 years, Cartesian Growth II's highest Price to Tangible Book Ratio was 1.56. The lowest was 1.33. And the median was 1.43.

RENE's Price-to-Tangible-Book is ranked better than
57.26% of 496 companies
in the Diversified Financial Services industry
Industry Median: 1.805 vs RENE: 1.56

A closely related ratio is called PB Ratio. As of today, Cartesian Growth II's share price is $11.22. Cartesian Growth II's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.20. Hence, Cartesian Growth II's P/B Ratio of today is 1.56.

Cartesian Growth II Price-to-Tangible-Book Historical Data

The historical data trend for Cartesian Growth II'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.

Cartesian Growth II Price-to-Tangible-Book Chart

Cartesian Growth II Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.33

1.52

Cartesian Growth II Quarterly Data
	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial				1.33	1.34	1.34	1.35	1.52

Competitive Comparison of Cartesian Growth II's Price-to-Tangible-Book

For the Shell Companies subindustry, Cartesian Growth II'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.

Cartesian Growth II's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

* The bar in red indicates where Cartesian Growth II's Price-to-Tangible-Book falls into.

Cartesian Growth II Price-to-Tangible-Book Calculation

Cartesian Growth II's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	11.22	/	7.202
	=	1.56

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.

Cartesian Growth II Price-to-Tangible-Book Related Terms

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

Cartesian Growth II (Cartesian Growth II) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Cartesian Growth Corp II (NAS:RENE) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

505 Fifth Avenue, 15th Floor, New York, NY, USA, 10017

Website

https://www.cartesiangrowth.com

Cartesian Growth Corp II is a blank check company.

Executives

Peter Yu	director, 10 percent owner, officer: See Remarks	C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Pangaea Three-b, Lp	10 percent owner	C/O CARTESIAN CAPITAL GROUP, 505 FIFTH AVE., 15TH FLOOR, NEW YORK NY 10017
Bertrand P. Grabowski	director	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Daniel Jeremy Karp	director	C/O CARTESIAN GROWTH CORPORATION, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Beth Michelson	officer: Chief Financial Officer	C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Cgc Ii Sponsor Llc	10 percent owner	C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Luque Rafael De	director	C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Sheryl Schwartz	director	C/O CARTESIAN GROWTH CORPORATION II, 505 FIFTH AVENUE, 15TH FLOOR, NEW YORK NY 10017
Allan Leighton	director	C/O CARTESIAN GROWTH CORPORATION II, NEW YORK NY 10017