Noble Rock Acquisition Corporation

Noble Rock Acquisition Corporationverified

NRAC

Price:

$11

Market Cap:

$87.43M

Noble Rock Acquisition Corporation does not have significant operations. It intends to effect a merger, capital stock exchange, asset acquisition, stock purchase, reorganization, or similar business combination with one or more businesses in the software and tech-enabled services sectors. The company was incorporated in 2020 and is based in Wilmington, Delaware.[Read more]

Industry

Shell Companies

IPO Date

2021-04-01

Stock Exchange

NASDAQ

Ticker

NRAC

The PE Ratio as of November 2024 (TTM) for Noble Rock Acquisition Corporation (NRAC) is 220.00

According to Noble Rock Acquisition Corporation’s latest financial reports and current stock price. The company's current PE Ratio is 220.00. This represents a change of 588.14% compared to the average of 31.97 of the last 4 quarters.

Noble Rock Acquisition Corporation (NRAC) Historical PE Ratio (quarterly & annually)

How has NRAC PE Ratio performed in the past?

The mean historical PE Ratio of Noble Rock Acquisition Corporation over the last ten years is -76.51. The current 220.00 PE Ratio has changed -28854.42% with respect to the historical average. Over the past ten years (40 quarters), NRAC's PE Ratio was at its highest in in the June 2023 quarter at 184.18. The PE Ratio was at its lowest in in the November 2020 quarter at -2391.99.

Quarterly (TTM)
Annual

Average

-76.51

Median

16.70

Minimum

-277.33

Maximum

31.10

Noble Rock Acquisition Corporation (NRAC) PE Ratio by Quarter and Year

Discovering the peaks and valleys of Noble Rock Acquisition Corporation 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 = 31.10

Minimum Annual Increase = -111.22%

Minimum Annual PE Ratio = -277.33

Quarterly (TTM)
Annual
YearPE RatioChange
202216.70-46.31%
202131.10-111.22%

Noble Rock Acquisition Corporation (NRAC) Average PE Ratio

How has NRAC PE Ratio performed in the past?

The current PE Ratio of Noble Rock Acquisition Corporation (NRAC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-76.51

5-year avg

-76.51

10-year avg

-76.51

Noble Rock Acquisition Corporation (NRAC) PE Ratio vs. Peers

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

Noble Rock Acquisition Corporation’s PE Ratio is greater than TenX Keane Acquisition Ordinary Share (139.35), greater than Embrace Change Acquisition Corp. (42.83), greater than Home Plate Acquisition Corp. (0.02), greater than Bannix Acquisition Corp. (-178.15), less than Global Blockchain Acquisition Corp. (0), greater than null (-725.32),

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