Blue World Acquisition (Blue World Acquisition) Price-to-Tangible-Book : 1.73 (As of May. 29, 2024)

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What is Blue World Acquisition Price-to-Tangible-Book?

As of today (2024-05-29), Blue World Acquisition's share price is $9.6575. Blue World Acquisition's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $5.59. Hence, Blue World Acquisition's Price to Tangible Book Ratio of today is 1.73.

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

BWAQ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.31 Med: 1.36 Max: 2
Current: 1.73

During the past 2 years, Blue World Acquisition's highest Price to Tangible Book Ratio was 2.00. The lowest was 1.31. And the median was 1.36.

BWAQ's Price-to-Tangible-Book is ranked better than
59.01% of 483 companies
in the Diversified Financial Services industry
Industry Median: 1.83 vs BWAQ: 1.73

A closely related ratio is called PB Ratio. As of today, Blue World Acquisition's share price is $9.6575. Blue World Acquisition's Book Value per Sharefor the quarter that ended in Mar. 2024 was $5.59. Hence, Blue World Acquisition's P/B Ratio of today is 1.73.

Blue World Acquisition Price-to-Tangible-Book Historical Data

The historical data trend for Blue World 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.

Blue World Acquisition Price-to-Tangible-Book Chart

Blue World Acquisition Annual Data

Trend

Jun22

Jun23

Price-to-Tangible-Book

1.31

1.52

Blue World Acquisition Quarterly Data
	Aug21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Price-to-Tangible-Book	Get a 7-Day Free Trial						1.36	1.52	1.96	1.98	2.00

Competitive Comparison of Blue World Acquisition's Price-to-Tangible-Book

For the Shell Companies subindustry, Blue World 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.

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

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

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

Blue World Acquisition Price-to-Tangible-Book Calculation

Blue World 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 )
	=	9.6575	/	5.586
	=	1.73

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.

Blue World Acquisition Price-to-Tangible-Book Related Terms

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

Blue World Acquisition (Blue World Acquisition) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » Blue World Acquisition Corp (NAS:BWAQ) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

244 Fifth Avenue, Suite B-88, New York, NY, USA, 10001

Website

Blue World Acquisition Corp is a newly organized blank check exempted company.

Executives

Blue World Holdings Ltd	10 percent owner	ROOM 301, NO. 3 LANE 1249, YU YUAN ROAD, CHANG NING DISTRICT, SHANGHAI F4 200050
Liang Shi	director, officer: CEO	SUITE 3005,1559, ZUCHNGZHI ROAD, SHANGHAI F4 201203
Hickey Alfred J Iii	director	183 CHAPEL HILL ROAD, RED BANK, NEW JERSEY NJ 07701
Tiantong Yan	officer: CFO	ROOM 411, 4F, NO. 333, TIAN YAO QIAO ROAD, SHANGHAI F4 200030
Bok Buhdy Sin Swee	director	199 TANAH MERAH KECHIL AVENUE, SINGAPORE U0 465727
Weixiong Cheong	director, officer: COO	16 KALLANG PLACE #01-16/18., SINGAPORE U0 339156
Zhenyu Li	director	15493 ROYAL AVE, WHITE ROCK, BRITISH COLUMBIA Z4 V4B 1N3