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two (TWOA) PB Ratio : 2.46 (As of May. 09, 2024)


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What is two PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-09), two's share price is $10.70. two's Book Value per Share for the quarter that ended in Dec. 2023 was $4.35. Hence, two's PB Ratio of today is 2.46.

The historical rank and industry rank for two's PB Ratio or its related term are showing as below:

TWOA' s PB Ratio Range Over the Past 10 Years
Min: 0   Med: 0   Max: 6.59
Current: 2.46

During the past 3 years, two's highest PB Ratio was 6.59. The lowest was 0.00. And the median was 0.00.

TWOA's PB Ratio is ranked worse than
62.48% of 525 companies
in the Diversified Financial Services industry
Industry Median: 1.88 vs TWOA: 2.46

During the past 12 months, two's average Book Value Per Share Growth Rate was -44.40% per year.

Back to Basics: PB Ratio


two PB Ratio Historical Data

The historical data trend for two's PB Ratio 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.

two PB Ratio Chart

two Annual Data
Trend Dec21 Dec22 Dec23
PB Ratio
1.28 1.29 2.44

two Quarterly Data
Jan21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.29 6.51 2.09 2.16 2.44

Competitive Comparison of two's PB Ratio

For the Shell Companies subindustry, two's PB Ratio, along with its competitors' market caps and PB Ratio 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.


two's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, two's PB Ratio distribution charts can be found below:

* The bar in red indicates where two's PB Ratio falls into.



two PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

two's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=10.70/4.346
=2.46

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


two  (NYSE:TWOA) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


two PB Ratio Related Terms

Thank you for viewing the detailed overview of two's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


two (TWOA) Business Description

Traded in Other Exchanges
N/A
Address
900 Kearny Street, Suite 610, San Francisco, CA, USA, 94133
two is a blank check company.
Executives
Gloria Fu director 3485 N. PINES WAY, SUITE 110, WILSON WY 83014
Nicholas Boris Geeza officer: Chief Financial Officer 17 BEACH CLUB DRIVE, STATELINE NV 89449
Daniel J Hennessy 10 percent owner 10 SOUTH WACKER DRIVE, CHICAGO IL 60606
Milton Joseph Beck director 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Jack Leeney director 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Thomas D Hennessy director, 10 percent owner, officer: CEO 3485 N. PINES WAY SUITE 110, WILSON WY 83014
Adam Blake director 3485 N. PINES WAY, SUITE 110, WILSON WY 83014
Hc Proptech Partners Iii Llc 10 percent owner 3485 N. PINES WAY, SUITE 110, WILSON WY 83014
Hc Proptech Iii Llc 10 percent owner 3485 N. PINES WAY, SUITE 110, WILSON WY 22066
Troy Iii Steckenrider 10 percent owner, officer: Chief Financial Officer 16 FUNSTON AVE, SUITE A, SAN FRANCISCO CA 94129
Sponsor Two 10 percent owner 900 KEARNY ST STE 610, SAN FRANCISCO CT 94133
Kevin Hartz director, 10 percent owner, officer: Co-Chief Executive Officer C/O XOOM CORPORATION, 100 BUSH STREET, SUITE 300, SAN FRANCISCO CA 94104
Pierre Lamond director
Gautam Gupta 10 percent owner, officer: Co-Chief Executive Officer 16 FUNSTON, SUITE A, SAN FRANCISCO CA 94129
Michelle Gill director 16 FUNSTON AVENUE, SUITE A, THE PRESIDIO OF SAN FRANCISCO, SAN FRANCISCO CA 94129