How does GIIX.U's PB Ratio compare to its peers?

GIIX.U is good value based on its Price-To-Book Ratio (-17.2x) compared to the peer average (423.5x).

How does GIIX.U's PB Ratio compare vs other companies in the US Capital Markets Industry?

GIIX.U is expensive based on its Price-To-Book Ratio (-17.2x) compared to the US Capital Markets industry average (-27.3x)

What is GIIX.U's PB Ratio compared to its Fair PB Ratio? This is the expected PB Ratio taking into account the company's forecast earnings growth, profit margins and other risk factors.

Insufficient data to calculate GIIX.U's Price-To-Book Fair Ratio for valuation analysis.

What is the Fair Price of GIIX.U when looking at its future cash flows? For this estimate we use a Discounted Cash Flow model.

GIIX.U ($10.06) is trading above our estimate of [[fair value]] ($3.59)

What is the analyst 12-month forecast and do we have any statistical confidence in the consensus price target?

Insufficient data to show price forecast.

Gores Holdings VIII (Nasdaq:GIIX.U) - Stock Price, News & Analysis

This company listing is no longer active

This company may still be operating, however this listing is no longer active. Find out why through their latest events.

GIIX.U Stock Overview

GIIX.U fundamental analysis
Snowflake Score
Valuation	1/6
Future Growth	0/6
Past Performance	0/6
Financial Health	1/6
Dividends	0/6

Risk Analysis

Makes less than USD$1m in revenue ($0)

Negative shareholders equity

Has a high level of debt

Gores Holdings VIII, Inc. Competitors

Agriculture & Natural Solutions Acquisition

NasdaqGM:ANSC

US$449.6m

GAMCO Investors

OTCPK:GAMI

US$653.9m

Diamond Hill Investment Group

NasdaqGS:DHIL

US$452.7m

Adams Natural Resources Fund

NYSE:PEO

US$600.5m

Price History & Performance

Summary of all time highs, changes and price drops for Gores Holdings VIII
Historical stock prices
Current Share Price	US$10.06
52 Week High	US$10.50
52 Week Low	US$8.98
Beta	0
11 Month Change	0.25%
3 Month Change	0.85%
1 Year Change	-3.57%
33 Year Change	n/a
5 Year Change	n/a
Change since IPO	-3.32%

Recent updates

Shareholder Returns

	GIIX.U	US Capital Markets	US Market
7D	0.05%	0.06%	0.5%
1Y	-3.6%	52.3%	30.7%

Return vs Industry: GIIX.U exceeded the US Capital Markets industry which returned -19.8% over the past year.

Return vs Market: GIIX.U exceeded the US Market which returned -19.8% over the past year.

Price Volatility

Is GIIX.U's price volatile compared to industry and market?
GIIX.U volatility
GIIX.U Average Weekly Movement	1.1%
Capital Markets Industry Average Movement	3.8%
Market Average Movement	6.3%
10% most volatile stocks in US Market	16.3%
10% least volatile stocks in US Market	3.1%

Stable Share Price: GIIX.U has not had significant price volatility in the past 3 months.

Volatility Over Time: GIIX.U's weekly volatility (1%) has been stable over the past year.

About the Company

Founded	Employees	CEO	Website
2020	n/a	Mark Stone	www.gores.com

Gores Holdings VIII, Inc. 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 businesses in the industrials, technology, telecommunications, media and entertainment, business services, healthcare, and consumer products. The company was founded in 2020 and is based in Boulder, Colorado.

Gores Holdings VIII, Inc. Fundamentals Summary

How do Gores Holdings VIII's earnings and revenue compare to its market cap?
GIIX.U fundamental statistics
Market cap	US$433.84m
Earnings (TTM)	-US$3.59m
Revenue (TTM)	n/a

0.0x

P/S Ratio

-120.9x

P/E Ratio

Is GIIX.U overvalued?

See Fair Value and valuation analysis

Earnings & Revenue

Key profitability statistics from the latest earnings report (TTM)
GIIX.U income statement (TTM)
Revenue	US$0
Cost of Revenue	US$0
Gross Profit	US$0
Other Expenses	US$3.59m
Earnings	-US$3.59m

Last Reported Earnings

Sep 30, 2022

Next Earnings Date

n/a

Earnings per share (EPS)	-0.083
Gross Margin	0.00%
Net Profit Margin	0.00%
Debt/Equity Ratio	-7.7%

How did GIIX.U perform over the long term?

See historical performance and comparison

Gores Holdings VIII NasdaqCM:GIIX.U Stock Report