Belong Acquisition Corp.

Belong Acquisition Corp.verified

BLNGU

Price:

$10.2503

Market Cap:

$86.96M

Belong Acquisition Corp. does not have significant operations. The company intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus its search on companies in technology and tech-enabled businesses in e-commerce, software, and digital media sectors. The company was incorporated in 2020 and is based in Brookline, Massachusetts.[Read more]

Industry

Shell Companies

IPO Date

2021-07-23

Stock Exchange

NASDAQ

Ticker

BLNGU

The PE Ratio as of September 2024 (TTM) for Belong Acquisition Corp. (BLNGU) is 39.73

According to Belong Acquisition Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 39.73. This represents a change of -44.33% compared to the average of 71.36 of the last 4 quarters.

Belong Acquisition Corp. (BLNGU) Historical PE Ratio (quarterly & annually)

How has BLNGU PE Ratio performed in the past?

The mean historical PE Ratio of Belong Acquisition Corp. over the last ten years is 49.24. The current 39.73 PE Ratio has changed 7.97% with respect to the historical average. Over the past ten years (40 quarters), BLNGU's PE Ratio was at its highest in in the June 2021 quarter at 15.71M. The PE Ratio was at its lowest in in the March 2021 quarter at -46994.95.

Quarterly (TTM)
Annual

Average

49.24

Median

49.24

Minimum

47.09

Maximum

51.39

Belong Acquisition Corp. (BLNGU) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Belong 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 = 9.13%

Maximum Annual PE Ratio = 51.39

Minimum Annual Increase = 0%

Minimum Annual PE Ratio = 47.09

Quarterly (TTM)
Annual
YearPE RatioChange
202251.399.13%

Belong Acquisition Corp. (BLNGU) Average PE Ratio

How has BLNGU PE Ratio performed in the past?

The current PE Ratio of Belong Acquisition Corp. (BLNGU) 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

49.24

5-year avg

49.24

10-year avg

49.24

Belong Acquisition Corp. (BLNGU) PE Ratio vs. Peers

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

Belong Acquisition Corp.’s PE Ratio is less than Portage Fintech Acquisition Corporation (139.16), greater than Alpha Healthcare Acquisition Corp. III (-0.51), less than Bilander Acquisition Corp. (780.19), greater than Frontier Investment Corp (7.25), less than Alpha Partners Technology Merger Corp. (88.30),

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