IBAC
Price:
$10.45
Market Cap:
$164.58M
IB 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 in the United States. IB Acquisition Corp. was incorporated in 2020 and is based in Boca Raton, Florida.
Industry
Shell Companies
IPO Date
2024-05-01
Stock Exchange
NASDAQ
Ticker
IBAC
According to IB Acquisition Corp. Common Stock’s latest financial reports and current stock price. The company's current ROE is 2.98%. This represents a change of 299.68% compared to the average of 0.75% of the last 4 quarters.
The mean historical ROE of IB Acquisition Corp. Common Stock over the last ten years is 28.84%. The current 2.98% ROE has changed -89.67% with respect to the historical average. Over the past ten years (40 quarters), IBAC's ROE was at its highest in in the September 2023 quarter at 123.30%. The ROE was at its lowest in in the December 2022 quarter at -3.40%.
Average
28.84%
Median
1.57%
Minimum
-40.99%
Maximum
125.95%
Discovering the peaks and valleys of IB Acquisition Corp. Common Stock ROE, 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 ROE = 125.95%
Minimum Annual Increase = -407.24%
Minimum Annual ROE = -40.99%
| Year | ROE | Change |
|---|---|---|
| 2024 | 1.57% | -98.75% |
| 2023 | 125.95% | -407.24% |
The current ROE of IB Acquisition Corp. Common Stock (IBAC) 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
28.84%
5-year avg
28.84%
10-year avg
28.84%
IB Acquisition Corp. Common Stock’s ROE is greater than GCL Global Holdings Ltd Ordinary Shares (-6.84%), greater than Dune Acquisition Corporation II (-57.06%), less than HCM Acquisition Corp (307.34%), greater than FIGX Capital Acquisition Corp. (-44.22%), less than Tavia Acquisition Corp. (2.62%), less than Willow Lane Acquisition Corp. (2.73%), less than Newbury Street II Acquisition Corp (4.47%), less than Indigo Acquisition Corp. (2.17%), less than Dynamix Corporation III (0%), less than EGH Acquisition Corp. Class A Ordinary Shares (1.04%),
| Company | ROE | Market cap |
|---|---|---|
| -6.84% | $148.31M | |
| -57.06% | $147.87M | |
| 307.34% | $133.29M | |
| -44.22% | $156.48M | |
| 2.62% | $166.21M | |
| 2.73% | $147.63M | |
| 4.47% | $186.64M | |
| 2.17% | $148.29M | |
| 0% | $202.46M | |
| 1.04% | $157.17M |
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What is the 5-year average ROE for IB Acquisition Corp. Common Stock (IBAC)?
How does the current ROE for IB Acquisition Corp. Common Stock (IBAC) compare to its historical average?