Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Price-to-Tangible-Book : 3.32 (As of May. 17, 2024)

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What is Welsbach Technology Metals Acquisition Price-to-Tangible-Book?

As of today (2024-05-17), Welsbach Technology Metals Acquisition's share price is $10.8101. Welsbach Technology Metals Acquisition's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $3.26. Hence, Welsbach Technology Metals Acquisition's Price to Tangible Book Ratio of today is 3.32.

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

WTMA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.39 Med: 2.34 Max: 3.38
Current: 3.31

During the past 3 years, Welsbach Technology Metals Acquisition's highest Price to Tangible Book Ratio was 3.38. The lowest was 1.39. And the median was 2.34.

WTMA's Price-to-Tangible-Book is ranked worse than
72.84% of 497 companies
in the Diversified Financial Services industry
Industry Median: 1.86 vs WTMA: 3.31

A closely related ratio is called PB Ratio. As of today, Welsbach Technology Metals Acquisition's share price is $10.8101. Welsbach Technology Metals Acquisition's Book Value per Sharefor the quarter that ended in Mar. 2024 was $3.26. Hence, Welsbach Technology Metals Acquisition's P/B Ratio of today is 3.32.

Welsbach Technology Metals Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Welsbach Technology Metals 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.

Welsbach Technology Metals Acquisition Price-to-Tangible-Book Chart

Welsbach Technology Metals Acquisition Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.39

3.28

Welsbach Technology Metals Acquisition Quarterly Data
	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial						2.00	2.04	3.25	3.28	-

Competitive Comparison of Welsbach Technology Metals Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, Welsbach Technology Metals 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.

Welsbach Technology Metals Acquisition's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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

Welsbach Technology Metals Acquisition Price-to-Tangible-Book Calculation

Welsbach Technology Metals Acquisition's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2024 )
	=	10.8101	/	3.257
	=	3.32

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.

Welsbach Technology Metals Acquisition Price-to-Tangible-Book Related Terms

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

Welsbach Technology Metals Acquisition (Welsbach Technology Metals Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Welsbach Technology Metals Acquisition Corp (NAS:WTMA) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

160 South Craig Place, Lombard, IL, USA, 60148

Website

https://www.wtmau.com

Welsbach Technology Metals Acquisition Corp is a blank check company.

Executives

John P Stanfield	officer: Chief Financial Officer	9440 SANTA MONICA BLVD., SUITE 301, BEVERLY HILLS CA 90210
Welsbach Acquisition Holdings Llc	10 percent owner	160 S CRAIG PLACE, LOMBARD IL 60148
Matthew T. Mrozinski	director	160 S CRAIG PLACE, LOMBARD IL 60148
Daniel Mamadou	director, officer: Chief Executive Officer	160 S CRAIG PLACE, LOMBARD IL 60148
Emily King	director	160 S CRAIG PLACE, LOMBARD IL 60148
Christopher Clower	director, officer: Chief Operating Officer	160 S CRAIG PLACE, LOMBARD IL 60148
Ralph Welpe	director	160 S CRAIG PLACE, LOMBARD IL 60148