LPBBU vs PNNT

Comparison between Launch Two Acquisition Corp - Units (1 Ord Class A & 1/2 War) (LPBBU, Company) and PennantPark Investment Corporation (PNNT, Company).

Both LPBBU and PNNT are from the Financial Services sector.

LPBBU vs PNNT - Performance Comparison

Log

Key Characteristics

Financial metrics and valuation ratios

Metric	LPBBU(COMPANY)	PNNT(COMPANY)
Market Cap	$250M	$249M
Max Drawdown	5.36%	87.03%
Sharpe Ratio	-0.59	-1.52
5Y Beta	0.04	0.71
Industry	Shell Companies	Asset Management
P/E Ratio	32.14	24.62
Forward P/E	N/A	6.81
Dividend Yield	N/A	26.00%
5Y Dividends CAGR	N/A	16.72%
Debt to Equity	0.00%	0.00%
Free Cash Flow Yield	-0.16%	45.39%

Market Cap

Winner

LPBBU

$250M

PNNT

$249M

Max Drawdown

Winner

LPBBU

5.36%

PNNT

87.03%

Sharpe Ratio

Winner

LPBBU

-0.59

PNNT

-1.52

5Y Beta

Winner

LPBBU

0.04

PNNT

0.71

Industry

LPBBU

Shell Companies

PNNT

Asset Management

P/E Ratio

LPBBU

32.14

Winner

PNNT

24.62

Forward P/E

LPBBU

N/A

PNNT

6.81

Dividend Yield

LPBBU

N/A

PNNT

26.00%

5Y Dividends CAGR

LPBBU

N/A

PNNT

16.72%

Debt to Equity

LPBBU

0.00%

PNNT

0.00%

Free Cash Flow Yield

LPBBU

-0.16%

Winner

PNNT

45.39%

LPBBU vs PNNT - Historical Returns

Returns include dividend reinvestment.

Period	LPBBU	PNNT
1 month	-0.09%	+14.35%
3 months	+1.97%	-5.05%
6 months	+1.97%	-17.03%
1 year	+1.59%	-37.20%
5 years(CAGR)	N/A	+1.91%
10 years(CAGR)	N/A	+5.61%
Max(CAGR)	+4.58%	+5.31%

LPBBU

-0.09%

Winner

PNNT

+14.35%

Winner

LPBBU

+1.97%

PNNT

-5.05%

Winner

LPBBU

+1.97%

PNNT

-17.03%

Winner

LPBBU

+1.59%

PNNT

-37.20%

5Y(CAGR)

LPBBU

N/A

PNNT

+1.91%

10Y(CAGR)

LPBBU

N/A

PNNT

+5.61%

Max(CAGR)

LPBBU

+4.58%

Winner

PNNT

+5.31%

LPBBU vs PNNT - Annual Returns (2007 - 2026)

Returns include dividend reinvestment.

Year	LPBBU	PNNT
2026	+2.46%	-28.29%
2025	+5.69%	-3.12%
2024	+0.60%	+16.26%
2023	N/A	+37.58%
2022	N/A	-9.74%
2021	N/A	+66.05%
2020	N/A	-18.18%
2019	N/A	+9.64%
2018	N/A	+0.84%
2017	N/A	-1.73%
2016	N/A	+44.35%
2015	N/A	-26.62%
2014	N/A	-7.65%
2013	N/A	+14.63%
2012	N/A	+18.15%
2011	N/A	-10.76%
2010	N/A	+47.17%
2009	N/A	+170.84%
2008	N/A	-59.20%
2007	N/A	-27.00%

LPBBU vs PNNT Drawdown Comparison

The maximum drawdown for LPBBU was -5.36%, occurring on Mar 4, 2025. Recovery took 75 trading sessions.

The maximum drawdown for PNNT was -82.20%, occurring on Nov 20, 2008. Recovery took 678 trading sessions.

The current LPBBU drawdown is -0.09%. The current PNNT drawdown is -38.04%.

Rank	LPBBU	PNNT
#1	-5.36% Feb 28, 2025 - Jun 17, 2025	-82.20% Jun 13, 2007 - Feb 22, 2010
#2	-2.15% Jun 17, 2025 - Dec 2, 2025	-68.90% Feb 7, 2020 - Feb 22, 2021
#3	-1.22% Dec 2, 2025 - May 22, 2026	-49.35% Sep 2, 2014 - Feb 10, 2017
#4	-0.98% Jan 14, 2025 - Feb 26, 2025	-47.61% Jul 25, 2025 - Jul 20, 2026
#5	-0.80% Jan 8, 2025 - Jan 14, 2025	-33.33% Apr 1, 2022 - Aug 10, 2023
#6	-0.70% Nov 8, 2024 - Jan 8, 2025	-29.19% Feb 7, 2011 - Sep 14, 2012
#7	-0.49% Feb 26, 2025 - Feb 28, 2025	-23.82% Apr 26, 2010 - Nov 1, 2010
#8	-0.33% Oct 31, 2024 - Nov 8, 2024	-17.92% Mar 26, 2025 - Jul 3, 2025
#9	-0.20% Oct 29, 2024 - Oct 31, 2024	-17.77% Mar 2, 2017 - Jul 19, 2018
#10	-0.10% Oct 8, 2024 - Oct 29, 2024	-15.37% Sep 4, 2018 - Jan 15, 2020
#11	-0.09% May 22, 2026 - Jun 29, 2026	-15.18% Jul 8, 2024 - Feb 28, 2025
#12	-0.09% Jun 29, 2026 - Jul 29, 2026	-12.10% Jun 14, 2021 - Nov 19, 2021
#13	N/A	-11.46% Mar 15, 2013 - Jul 12, 2013
#14	N/A	-10.96% Sep 20, 2012 - Jan 2, 2013
#15	N/A	-10.78% Mar 15, 2021 - Apr 8, 2021

Correlation

Correlation between LPBBU and PNNT is -0.47 which considered as a weak negative correlation - the stocks show a slight tendency to move in opposite directions.

-0.47

-101