BYTE Acquisition Corp.

BYTE Acquisition Corp.verified

BYTSU

Price:

$6.36

Market Cap:

$71.13M

BYTE Acquisition Corp. does not have significant operations. It focuses on effecting a merger, share exchange, asset acquisition, share purchase, reorganization, or similar business combination with one or more businesses or entities. It intends to focus its search for targets in the Israeli technology industry, including cybersecurity, automotive technology, fintech, enterprise software, cloud computing, semiconductors, medical technology, artificial intelligence, and robotics. The company was incorporated in 2021 and is based in New York, New York.[Read more]

Industry

Shell Companies

IPO Date

2021-03-19

Stock Exchange

NASDAQ

Ticker

BYTSU

The PE Ratio as of September 2024 (TTM) for BYTE Acquisition Corp. (BYTSU) is 23.04

According to BYTE Acquisition Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 23.04. This represents a change of -641.33% compared to the average of -4.26 of the last 4 quarters.

BYTE Acquisition Corp. (BYTSU) Historical PE Ratio (quarterly & annually)

How has BYTSU PE Ratio performed in the past?

The mean historical PE Ratio of BYTE Acquisition Corp. over the last ten years is 42.71. The current 23.04 PE Ratio has changed 5.30% with respect to the historical average. Over the past ten years (40 quarters), BYTSU's PE Ratio was at its highest in in the December 2021 quarter at 86.85. The PE Ratio was at its lowest in in the March 2021 quarter at -24.48.

Quarterly (TTM)
Annual

Average

42.71

Median

42.71

Minimum

18.46

Maximum

66.96

BYTE Acquisition Corp. (BYTSU) PE Ratio by Quarter and Year

Discovering the peaks and valleys of BYTE 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 = 66.96

Minimum Annual Increase = -72.44%

Minimum Annual PE Ratio = 18.46

Quarterly (TTM)
Annual
YearPE RatioChange
202218.46-72.44%

BYTE Acquisition Corp. (BYTSU) Average PE Ratio

How has BYTSU PE Ratio performed in the past?

The current PE Ratio of BYTE Acquisition Corp. (BYTSU) 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

42.71

5-year avg

42.71

10-year avg

42.71

BYTE Acquisition Corp. (BYTSU) PE Ratio vs. Peers

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

BYTE Acquisition Corp.’s PE Ratio is greater than Plum Acquisition Corp. I (-20.97), less than Forum Merger IV Corporation (105.95), greater than Digital Transformation Opportunities Corp. (-3.53), greater than DHC Acquisition Corp. (-2.02), less than Atlantic Coastal Acquisition Corp. (69.11),

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