FTIIU
Price:
$12
Market Cap:
$51.57M
FutureTech II Acquisition Corp. currently possesses no substantial business operations. Its primary objective is to finalize a business combination, which may involve a merger, capital stock exchange, asset acquisition, stock purchase, or restructuring with one or more enterprises. The company intends to direct its acquisition efforts toward firms within the technology industry. Established in 2021, its corporate headquarters are located in New Rochelle, New York.
Industry
Shell Companies
IPO Date
2022-02-16
Stock Exchange
OTC
Ticker
FTIIU
According to FutureTech II Acquisition Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 23.96. This represents a change of -137.93% compared to the average of -63.16 of the last 4 quarters.
The mean historical PE Ratio of FutureTech II Acquisition Corp. over the last ten years is -12366.21. The current 23.96 PE Ratio has changed -119.38% with respect to the historical average. Over the past ten years (40 quarters), FTIIU's PE Ratio was at its highest in in the March 2024 quarter at 160.06. The PE Ratio was at its lowest in in the December 2021 quarter at -82374.78.
Average
-12366.21
Median
57.61
Minimum
-49800.00
Maximum
219.96
Discovering the peaks and valleys of FutureTech II 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 = 44.01%
Maximum Annual PE Ratio = 219.96
Minimum Annual Increase = -100.44%
Minimum Annual PE Ratio = -49800.00
| Year | PE Ratio | Change |
|---|---|---|
| 2024 | 68.00 | 44.01% |
| 2023 | 47.22 | -78.53% |
| 2022 | 219.96 | -100.44% |
The current PE Ratio of FutureTech II Acquisition Corp. (FTIIU) is less than than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
111.72
5-year avg
-12366.21
10-year avg
-12366.21
FutureTech II Acquisition Corp.’s PE Ratio is greater than OmniLit Acquisition Corp. (-168.80), greater than Bite Acquisition Corp. (-113.64), less than KludeIn I Acquisition Corp. (28.95), greater than ARYA Sciences Acquisition Corp IV (-30.18), greater than DIH Holding US, Inc. (-0.00), less than OPY Acquisition Corp. I (8.07K), greater than Alchemy Investments Acquisition Corp 1 (-45.35), less than Clean Energy Special Situations Corp. (66.88),
| Company | PE Ratio | Market cap |
|---|---|---|
| -168.80 | $51.82M | |
| -113.64 | $99.99M | |
| 28.95 | $51.39M | |
| -30.18 | $50.04M | |
| -0.00 | $41.85K | |
| 8.07K | $55.45M | |
| -45.35 | $50.45M | |
| 66.88 | $49.90M |
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