Latest Ratios: P/E Ratio 49.6x · EV/EBITDA N/A · ROE 2.9%. (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 | $223M | $216M | $257M |
| Enterprise Value | $223M | $216M | $256M |
| P/E Ratio → | 49.64 | 48.09 | 72.14 |
| P/S Ratio | — | — | — |
| P/B Ratio | 1.11 | 1.08 | 1.32 |
| 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 | — | — | 73.58 |
| EV / EBIT | — | — | 73.58 |
| 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 | 2.9% | 2.9% | 1.8% |
| ROA | 2.7% | 2.7% | 1.7% |
| ROIC | -1.1% | -1.1% | — |
| ROCE | -1.4% | -1.4% | -0.2% |
Solvency and debt-coverage ratios — lower is generally safer
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| Debt / Equity | — | — | — |
| Debt / EBITDA | — | — | — |
| Net Debt / Equity | — | -0.00 | -0.00 |
| Net Debt / EBITDA | — | — | -0.24 |
| Debt / FCF | — | — | — |
| Interest Coverage | — | — | — |
Net cash position: cash ($20931) exceeds total debt ($0)
Short-term solvency ratios and asset-utilisation metrics
| Metric | TTM | FY 2025 | FY 2024 |
|---|---|---|---|
| Current Ratio | 0.50 | 0.50 | 7.48 |
| Quick Ratio | 0.50 | 0.50 | 7.48 |
| Cash Ratio | 0.08 | 0.08 | 6.54 |
| 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 | 2.0% | 2.1% | 1.4% |
| FCF Yield | — | — | — |
| Buyback Yield | 0.0% | — | — |
| Total Shareholder Yield | 0.0% | — | — |
| Shares Outstanding | — | $20M | $25M |
Failed Business Combination Risk
As reported in financial statements, SBXD's P/E ratio of 49.14 appears largely decoupled from fundamental performance, as the entity currently lacks operational revenue and relies entirely on non-operating accounting adjustments to sustain its reported valuation metrics in the absence of a finalized business combination.
The elevated P/E multiple is misleading because it reflects non-cash accounting volatility rather than earnings power. Investors should monitor the P/B ratio of 1.10, which suggests the market is pricing the shell near its liquidation value, leaving little room for a premium until a target is identified.
Based on recent SEC filings, SBXD's current ratio has deteriorated to 0.24 as of 2026Q1, indicating that the entity's liquid assets are insufficient to cover its short-term administrative obligations without relying on external sponsor support or additional dilutive financing to maintain its search mandate.
The rapid decline in the current ratio from 7.48 in 2024Q4 highlights a precarious liquidity position that leaves the company vulnerable to operational disruptions. This trend suggests that the entity may face significant challenges in sustaining its search for a target if capital is not replenished immediately.
According to the provided quarterly data, SBXD's ROE has fluctuated from a peak of 1.4% in 2024Q3 to 0.7% in 2026Q1, reflecting a persistent inability to generate meaningful returns on invested capital while the entity remains in a dormant state without an operating business.
The negative ROIC trend, reaching -0.2% in 2026Q1, underscores the structural inefficiency of holding capital in a shell vehicle that incurs administrative costs without generating revenue. This decay in returns warrants investigation into whether the sponsor can pivot to a value-accretive acquisition before capital is fully exhausted.
As evidenced by the financial data, the P/E ratio is the most commonly misapplied metric for SBXD, as it obscures the entity's lack of operational revenue and the distortive impact of warrant liability accounting on reported net income figures for this specific shell business model.
Investors should instead focus on the pro-rata trust value per share, which provides a more accurate floor for the investment. Relying on P/E or other earnings-based multiples in a pre-merger context is fundamentally flawed and may lead to an inaccurate assessment of the company's true economic value.
Includes 30+ ratios · 2 years · Updated daily
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Compare growth, multiples, and margins vs sector.
Quick answers to the most common questions about buying SBXD stock.
SilverBox Corp IV's current P/E ratio is 49.6x. The historical average is 60.1x. This places it at the 50th percentile of its historical range.
SilverBox Corp IV's return on equity (ROE) is 2.9%. The historical average is 2.3%.
Based on historical data, SilverBox Corp IV is trading at a P/E of 49.6x. This is at the 50th percentile of its historical P/E range. Compare with industry peers and growth rates for a complete picture.