GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlantic Coastal Acquisition Corp II (NAS:ACAB) » Definitions » Price-to-Tangible-Book

Atlantic Coastal Acquisition II (Atlantic Coastal Acquisition II) Price-to-Tangible-Book : (As of May. 26, 2024)


View and export this data going back to 2022. Start your Free Trial

What is Atlantic Coastal Acquisition II Price-to-Tangible-Book?

As of today (2024-05-26), Atlantic Coastal Acquisition II's share price is $11.04. Atlantic Coastal Acquisition II's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $-1.04. Hence, Atlantic Coastal Acquisition II's Price to Tangible Book Ratio of today is .

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

During the past 3 years, Atlantic Coastal Acquisition II's highest Price to Tangible Book Ratio was 1.28. The lowest was 1.28. And the median was 1.28.

ACAB's Price-to-Tangible-Book is not ranked *
in the Diversified Financial Services industry.
Industry Median: 1.83
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Atlantic Coastal Acquisition II's share price is $11.04. Atlantic Coastal Acquisition II's Book Value per Sharefor the quarter that ended in Dec. 2023 was $-1.04. Hence, Atlantic Coastal Acquisition II's P/B Ratio of today is .

Atlantic Coastal Acquisition II Price-to-Tangible-Book Historical Data

The historical data trend for Atlantic Coastal Acquisition 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.

Atlantic Coastal Acquisition II Price-to-Tangible-Book Chart

Atlantic Coastal Acquisition II Annual Data
Trend Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 1.28 -

Atlantic Coastal Acquisition II Quarterly Data
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 1.28 1.30 5.29 5.36 -

Competitive Comparison of Atlantic Coastal Acquisition II's Price-to-Tangible-Book

For the Shell Companies subindustry, Atlantic Coastal Acquisition 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.

Atlantic Coastal Acquisition II's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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


Atlantic Coastal Acquisition II Price-to-Tangible-Book Calculation

Atlantic Coastal Acquisition 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 )
=11.04/-1.043
=

* 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.

Atlantic Coastal Acquisition II Price-to-Tangible-Book Related Terms

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

Atlantic Coastal Acquisition II (Atlantic Coastal Acquisition II) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Atlantic Coastal Acquisition Corp II (NAS:ACAB) » Definitions » Price-to-Tangible-Book
Comparable Companies
BYTS ATAK PGSS IXAQ CPTK COOL DECA BYN TCOA APXI PBAJ SVMB SCRM CVII AAC GHIX ALCC AACT DWAC SAGA
Traded in Other Exchanges
N/A
Address
6 St Johns Lane, Floor 5, New York, NY, USA, 10013
Website
https://www.atlanticcoastalacquisition.com
Atlantic Coastal Acquisition Corp II is a blank check company.
Executives
Curtis Collar director 6 ST JOHNS LANE, FLOOR 5, NEW YORK NY 10013
Dominick Schiano director 30275 OAKLEAF LANE, FRANKLIN MI 48025
Burt Jordan director, officer: President 4387 CHERRY HILL DRIVE, ORCHARD LAKE MI 48323
Jason Chryssicas director, officer: Chief Financial Officer 9 UPLAND LANE, ARMONK NY 10504
Shahraab Ahmad director, officer: Chaiman and CEO 49 CATHCART ROAD, LONDON X0 SW10 9JE
Joanna Lord director 215 6TH STREET SOUTH, KIRKLAND WA 98033
Anthony D. Eisenberg director, officer: Chief Strategy Officer 700 LONE PINE, BLOOMFIELD HILLS MI 48304
Bryan Dove director 6 ST JOHNS LANE, FLOOR 5, NEW YORK NY 10013
Iqbaljit Kahlon director 2144 GREEN STREET #12, SAN FRANCISCO CA 94123
Atlantic Coastal Acquisition Management Ii Llc 10 percent owner 6 ST JOHNS LANE, FLOOR 5, NEW YORK NY 10013
Darren Stanwood director P.O. BOX 861, GLOUCESTER MA 01931