Plum Acquisition Corp Stock Book Value Per Share
| PLMJ Stock | 11.10 0.04 0.36% |
Plum Acquisition Corp fundamentals help investors to digest information that contributes to Plum Acquisition's financial success or failures. It also enables traders to predict the movement of Plum Stock. The fundamental analysis module provides a way to measure Plum Acquisition's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to Plum Acquisition stock.
Plum |
Plum Acquisition Corp Company Book Value Per Share Analysis
Plum Acquisition's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.
More About Book Value Per Share | All Equity Analysis
Book Value per Share | = | Common EquityAverage Shares |
Current Plum Acquisition Book Value Per Share | (0.19) X |
Most of Plum Acquisition's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, Plum Acquisition Corp is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.
The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
| Competition |
In accordance with the recently published financial statements, the book value per share of Plum Acquisition Corp is about -0.191 times. This is 100.0% lower than that of the Financial Services sector and significantly lower than that of the Financials industry. The book value per share for all United States stocks is 100.01% higher than that of the company.
Plum Book Value Per Share Peer Comparison
Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Plum Acquisition's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of Plum Acquisition could also be used in its relative valuation, which is a method of valuing Plum Acquisition by comparing valuation metrics of similar companies.Plum Acquisition is currently under evaluation in book value per share category among its peers.
Plum Fundamentals
| Return On Asset | -0.004 | ||||
| Current Valuation | 114.02 M | ||||
| Shares Outstanding | 3.15 M | ||||
| Shares Owned By Insiders | 21.11 % | ||||
| Shares Owned By Institutions | 71.02 % | ||||
| Number Of Shares Shorted | 3 K | ||||
| Price To Book | 4.90 X | ||||
| EBITDA | 10.42 M | ||||
| Net Income | 10.42 M | ||||
| Total Debt | 724.36 K | ||||
| Book Value Per Share | (0.19) X | ||||
| Cash Flow From Operations | (1.56 M) | ||||
| Short Ratio | 1.59 X | ||||
| Earnings Per Share | 0.19 X | ||||
| Beta | 0.02 | ||||
| Market Capitalization | 113.35 M | ||||
| Total Asset | 157.58 M | ||||
| Retained Earnings | (699.26 K) | ||||
| Working Capital | 250.08 K | ||||
| Net Asset | 157.58 M |
About Plum Acquisition Fundamental Analysis
The Macroaxis Fundamental Analysis modules help investors analyze Plum Acquisition Corp's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Plum Acquisition using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Plum Acquisition Corp based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.
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Is Financial Services space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Plum Acquisition. If investors know Plum will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Plum Acquisition listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
The market value of Plum Acquisition Corp is measured differently than its book value, which is the value of Plum that is recorded on the company's balance sheet. Investors also form their own opinion of Plum Acquisition's value that differs from its market value or its book value, called intrinsic value, which is Plum Acquisition's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Plum Acquisition's market value can be influenced by many factors that don't directly affect Plum Acquisition's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Plum Acquisition's value and its price as these two are different measures arrived at by different means. Investors typically determine if Plum Acquisition is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Plum Acquisition's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.