Latest Ratios: P/E Ratio 42.8x · EV/EBITDA N/A · ROE N/A. (2024–2025 historical series)
Price-based multiples — how expensive the stock is relative to earnings, sales, book value, and cash flow
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| Market Cap | $324M | $136M | — |
| Enterprise Value | $324M | $135M | — |
| P/E Ratio → | 42.75 | 41.88 | — |
| P/S Ratio | — | — | — |
| P/B Ratio | — | — | — |
| P/FCF | — | — | — |
| P/OCF | — | — | — |
P/E links to full P/E history page with 30-year chart
Enterprise-value multiples — capital-structure-neutral measures of total business value
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| EV / Revenue | — | — | — |
| EV / EBITDA | — | — | — |
| EV / EBIT | — | — | — |
| EV / FCF | — | — | — |
Margins and return-on-capital ratios measuring operating efficiency
Full margin charts and quarterly trend are on the Earnings History page
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| Gross Margin | — | — | — |
| Operating Margin | — | — | — |
| Net Profit Margin | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| ROE | — | — | — |
| ROA | 3.7% | 3.7% | -0.1% |
| ROIC | — | — | — |
| ROCE | -0.4% | -0.4% | — |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| Debt / Equity | — | — | — |
| Debt / EBITDA | — | — | — |
| Net Debt / Equity | — | — | — |
| Net Debt / EBITDA | — | — | -25092.00 |
| Debt / FCF | — | — | — |
| Interest Coverage | — | — | — |
Net cash position: cash ($764902) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| Current Ratio | 4.57 | 4.57 | 0.11 |
| Quick Ratio | 4.57 | 4.57 | 0.11 |
| Cash Ratio | 4.11 | 4.11 | 0.11 |
| Asset Turnover | — | — | — |
| Inventory Turnover | — | — | — |
| Days Sales Outstanding | — | — | — |
Earnings, FCF, buyback, and dividend yields — total returns to shareholders
Full dividend history and growth charts are on the Dividend History page
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| Dividend Yield | — | — | — |
| Payout Ratio | — | — | — |
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| Earnings Yield | 2.3% | 2.4% | — |
| FCF Yield | — | — | — |
| Buyback Yield | 0.0% | 0.0% | — |
| Total Shareholder Yield | 0.0% | 0.0% | — |
| Shares Outstanding | — | $14M | $5500 |
Target identification and redemption
Based on current market data, PACH trades at a P/E of 42.67, a figure that appears largely disconnected from operational reality as the company currently lacks revenue-generating activities and relies entirely on the potential for a future business combination to justify its current market capitalization.
The elevated P/E ratio is a byproduct of non-cash accounting adjustments rather than earnings growth, rendering traditional valuation multiples largely irrelevant for this vehicle. Investors should monitor the spread between the share price and the per-share trust value, as this serves as the primary indicator of market sentiment regarding management's ability to execute a value-accretive merger.
According to 2026Q1 financial statements, the company maintains a current ratio of 2.65, yet this metric is heavily skewed by the inclusion of restricted trust assets that are unavailable for the day-to-day administrative and due diligence expenses required to sustain the search for a target.
When isolating the unrestricted cash balance of $764,902, the liquidity position appears significantly more constrained, suggesting that management may face pressure to secure a target or seek additional sponsor funding. This reliance on external capital to cover operating costs warrants caution, as it may limit the firm's flexibility during prolonged negotiation periods.
As reported in recent quarterly filings, PACH's ROIC of -0.2% and ROE of 1.6% highlight the inherent inefficiency of holding capital in a trust while incurring ongoing administrative expenses, a trend that is expected to persist until a business combination is successfully finalized and integrated.
These metrics reflect the company's current status as a capital-holding vehicle rather than an operating business, making traditional return-on-capital analysis premature. Investors should view these figures as a measure of the 'cost of waiting' rather than an assessment of management's ability to generate returns on invested capital.
The most commonly misapplied metric for PACH is the Price-to-Earnings ratio, which obscures the company's true financial health by incorporating non-cash warrant liability revaluations that do not reflect the actual cash-based operational burn rate or the underlying value of the trust-held assets.
Analysts should instead focus on the net asset value per share and the cash burn rate, as these provide a more accurate representation of the firm's remaining runway and the potential for shareholder dilution. Relying on P/E multiples in this context may lead to a fundamental misunderstanding of the company's risk profile and its binary outcome potential.
Includes 30+ ratios · 2 years · Updated daily
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Quick answers to the most common questions about buying PACH stock.
Pioneer Acquisition I Corp.'s current P/E ratio is 42.8x. The historical average is 41.9x. This places it at the 100th percentile of its historical range.
Based on historical data, Pioneer Acquisition I Corp. is trading at a P/E of 42.8x. This is at the 100th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.