TG Venture Acquisition Corp.

TG Venture Acquisition Corp.verified

TGVC

Price:

$10.81

Market Cap:

$40.62M

TG Venture Acquisition Corp. does not have significant operations. The company 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 the technology industries primarily within the space technology, financial technology, technology, media and telecom, and related sectors in the United States and other developed countries. The company was incorporated in 2021 and is based in San Francisco, California.[Read more]

Industry

Shell Companies

IPO Date

2021-11-22

Stock Exchange

NASDAQ

Ticker

TGVC

The PE Ratio as of November 2024 (TTM) for TG Venture Acquisition Corp. (TGVC) is -47.00

According to TG Venture Acquisition Corp.’s latest financial reports and current stock price. The company's current PE Ratio is -47.00. This represents a change of -20.96% compared to the average of -59.46 of the last 4 quarters.

TG Venture Acquisition Corp. (TGVC) Historical PE Ratio (quarterly & annually)

How has TGVC PE Ratio performed in the past?

The mean historical PE Ratio of TG Venture Acquisition Corp. over the last ten years is -151.59. The current -47.00 PE Ratio has changed 3.00% with respect to the historical average. Over the past ten years (40 quarters), TGVC's PE Ratio was at its highest in in the September 2022 quarter at 153.36. The PE Ratio was at its lowest in in the June 2021 quarter at -80404.43.

Quarterly (TTM)
Annual

Average

-151.59

Median

-151.59

Minimum

-170.99

Maximum

-132.18

TG Venture Acquisition Corp. (TGVC) PE Ratio by Quarter and Year

Discovering the peaks and valleys of TG Venture 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 = 29.36%

Maximum Annual PE Ratio = -132.18

Minimum Annual Increase = 0%

Minimum Annual PE Ratio = -170.99

Quarterly (TTM)
Annual
YearPE RatioChange
2022-170.9929.36%

TG Venture Acquisition Corp. (TGVC) Average PE Ratio

How has TGVC PE Ratio performed in the past?

The current PE Ratio of TG Venture Acquisition Corp. (TGVC) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages

3-year avg

-151.59

5-year avg

-151.59

10-year avg

-151.59

TG Venture Acquisition Corp. (TGVC) PE Ratio vs. Peers

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

TG Venture Acquisition Corp.’s PE Ratio is less than Aura FAT Projects Acquisition Corp (0), less than AxonPrime Infrastructure Acquisition Corporation (89.43), less than Vision Sensing Acquisition Corp. (0), greater than ALSP Orchid Acquisition Corporation I (-83.59), less than Healthcare AI Acquisition Corp. (559.47), less than Ahren Acquisition Corp. (15.11), less than Alpha Star Acquisition Corporation (12.52), less than AfterNext HealthTech Acquisition Corp. (7.39), less than Alpha One Inc. (0), less than null (0), greater than null (-611.95),

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