IGNY
Price:
$13.05
Market Cap:
$261.76M
Ignyte Acquisition Corp. does not have significant operations. It intends to effect a merger, share exchange, asset acquisition, stock purchase, recapitalization, reorganization, or other similar business combination with one or more businesses. The company intends to focus on target businesses in the life sciences, biotechnology, and healthcare sectors. Ignyte Acquisition Corp. was incorporated in 2020 and is based in New York, New York.
Industry
Shell Companies
IPO Date
2021-03-12
Stock Exchange
NASDAQ
Ticker
IGNY
According to Ignyte Acquisition Corp.’s latest financial reports and current stock price. The company's current PE Ratio is 52.20. This represents a change of -1271.35% compared to the average of -4.46 of the last 4 quarters.
The mean historical PE Ratio of Ignyte Acquisition Corp. over the last ten years is -2662.05. The current 52.20 PE Ratio has changed -296.09% with respect to the historical average. Over the past ten years (40 quarters), IGNY's PE Ratio was at its highest in in the September 2023 quarter at 171.93. The PE Ratio was at its lowest in in the June 2024 quarter at -27.81.
Average
-2662.05
Median
-19.50
Minimum
-10609.17
Maximum
0
Discovering the peaks and valleys of Ignyte 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 = 23.39%
Maximum Annual PE Ratio = 0
Minimum Annual Increase = -Infinity%
Minimum Annual PE Ratio = -10609.17
| Year | PE Ratio | Change |
|---|---|---|
| 2023 | -21.55 | 23.39% |
| 2022 | -17.46 | -99.84% |
| 2021 | -10609.17 | -Infinity% |
The current PE Ratio of Ignyte Acquisition Corp. (IGNY) is greater than its 3-year, greater than its 5-year, and greater than its 10-year historical averages
3-year avg
-3549.39
5-year avg
-2662.05
10-year avg
-2662.05
Ignyte Acquisition Corp.’s PE Ratio is greater than SILVERspac Inc. (13.56), greater than Live Oak Crestview Climate Acquisition Corp. (-426.58), greater than TortoiseEcofin Acquisition Corp. III (33.83), greater than Build Acquisition Corp. (-254.62), greater than Corazon Capital V838 Monoceros Corp (-189.96), greater than Waverley Capital Acquisition Corp. 1 (44.29), greater than Ventoux CCM Acquisition Corp. (8.79), greater than Blue Whale Acquisition Corp I (20.03), greater than CC Neuberger Principal Holdings III (8.70),
| Company | PE Ratio | Market cap |
|---|---|---|
| 13.56 | $262.75M | |
| -426.58 | $260.75M | |
| 33.83 | $265.11M | |
| -254.62 | $255.00M | |
| -189.96 | $260.48M | |
| 44.29 | $280.14M | |
| 8.79 | $260.93M | |
| 20.03 | $258.47M | |
| 8.70 | $214.62M |
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