Alset Capital Acquisition Corp.

Alset Capital Acquisition Corp.verified

ACAX

Price:

$3.82

Market Cap:

$17.60M

Alset Capital Acquisition Corp. focuses on effecting a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses. It intends to focus on identifying businesses in the real estate industry, including construction, homebuilding, real estate owners and operators, arrangers of financing, insurance, and other services for real estate, as well as businesses and technologies targeting the real estate space. The company was incorporated in 2021 and is based in Bethesda, Maryland.[Read more]

Industry

Shell Companies

IPO Date

2022-03-24

Stock Exchange

NASDAQ

Ticker

ACAX

The PE Ratio as of September 2024 (TTM) for Alset Capital Acquisition Corp. (ACAX) is 38.20

According to Alset Capital Acquisition Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 38.20. This represents a change of -198.43% compared to the average of -38.81 of the last 4 quarters.

Alset Capital Acquisition Corp. (ACAX) Historical PE Ratio (quarterly & annually)

How has ACAX PE Ratio performed in the past?

The mean historical PE Ratio of Alset Capital Acquisition Corp. over the last ten years is 226.89. The current 38.20 PE Ratio has changed 1.58% with respect to the historical average. Over the past ten years (40 quarters), ACAX's PE Ratio was at its highest in in the May 2022 quarter at 5.70K. The PE Ratio was at its lowest in in the August 2023 quarter at -237.53.

Quarterly (TTM)
Annual

Average

226.89

Median

143.77

Minimum

-306.56

Maximum

843.47

Alset Capital Acquisition Corp. (ACAX) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Alset Capital Acquisition Corp. PE Ratio, unveiling quarterly and yearly fluctuations to gain insights into the company’s financial performance and market dynamics, offering valuable data for investors and analysts alike.

Maximum Annual Increase = 0%

Maximum Annual PE Ratio = 843.47

Minimum Annual Increase = -375.14%

Minimum Annual PE Ratio = -306.56

Quarterly (TTM)
Annual
YearPE RatioChange
2023143.77-82.95%
2022843.47-375.14%

Alset Capital Acquisition Corp. (ACAX) Average PE Ratio

How has ACAX PE Ratio performed in the past?

The current PE Ratio of Alset Capital Acquisition Corp. (ACAX) is less than than its 3-year, less than than its 5-year, and less than than its 10-year historical averages

3-year avg

226.89

5-year avg

226.89

10-year avg

226.89

Alset Capital Acquisition Corp. (ACAX) PE Ratio vs. Peers

How is ACAX’s PE Ratio compared to its peers?

Alset Capital Acquisition Corp.’s PE Ratio is greater than Armada Acquisition Corp. I (-27.70), greater than Atlantic Coastal Acquisition Corp. II (-65.48), less than Atlantic Coastal Acquisition Corp. (69.11), greater than Athena Consumer Acquisition Corp. (-2.06), greater than AltEnergy Acquisition Corp. (-36.15),

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