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Gabelli Utility Trust (Gabelli Utility Trust) PB Ratio : 2.03 (As of May. 19, 2024)


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What is Gabelli Utility Trust PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-19), Gabelli Utility Trust's share price is $5.95. Gabelli Utility Trust's Book Value per Share for the quarter that ended in Dec. 2023 was $2.94. Hence, Gabelli Utility Trust's PB Ratio of today is 2.03.

The historical rank and industry rank for Gabelli Utility Trust's PB Ratio or its related term are showing as below:

GUT' s PB Ratio Range Over the Past 10 Years
Min: 1.42   Med: 2.43   Max: 3.76
Current: 2.03

During the past 7 years, Gabelli Utility Trust's highest PB Ratio was 3.76. The lowest was 1.42. And the median was 2.43.

GUT's PB Ratio is ranked worse than
87.2% of 1688 companies
in the Asset Management industry
Industry Median: 0.96 vs GUT: 2.03

During the past 12 months, Gabelli Utility Trust's average Book Value Per Share Growth Rate was -19.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.90% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Gabelli Utility Trust was 11.80% per year. The lowest was -8.40% per year. And the median was 4.65% per year.

Back to Basics: PB Ratio


Gabelli Utility Trust PB Ratio Historical Data

The historical data trend for Gabelli Utility Trust's PB Ratio can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Gabelli Utility Trust PB Ratio Chart

Gabelli Utility Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 2.46 3.58 2.99 2.06 1.85

Gabelli Utility Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 2.99 2.29 2.06 2.08 1.85

Competitive Comparison of Gabelli Utility Trust's PB Ratio

For the Asset Management subindustry, Gabelli Utility Trust's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Gabelli Utility Trust's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Utility Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gabelli Utility Trust's PB Ratio falls into.



Gabelli Utility Trust PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Gabelli Utility Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=5.95/2.937
=2.03

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

It can also be calculated from the numbers for the whole company:

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Gabelli Utility Trust  (NYSE:GUT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Gabelli Utility Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of Gabelli Utility Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Gabelli Utility Trust (Gabelli Utility Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Utility Trust operates as a diversified closed-end investment management company. The fund's primary objective is the long-term growth of capital and income. To achieve its objective, the fund may invest 80% of its assets in common stocks and other securities of foreign and domestic companies involved in providing products, services, or equipment for the generation or distribution of electricity, gas, & water; and telecommunications services or infrastructure operations. It invests in various sectors, of which Electric Integrated, Water, Telecommunications, and U.S. Government Obligations account for the majority weightage.
Executives
Bank Of America Na other: Former 10% Owner 100 N. TRYON STREET, CHARLOTTE NC 28255
Bank Of America Corp /de/ other: Former 10% Owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Mario J Gabelli officer: Chairman and CIO, other: Trustee 191 MASON STREET, GREENWICH CT 06830
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
John Birch director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Elizabeth C Bogan director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Ferrantino Michael J Jr director 12 MARTINGALE LANE, ANDOVER MA 01810
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Merrill Lynch & Co., Inc. 10 percent owner 4 WORLD FINANCIAL CTR, NEW YORK NY 10080
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza other: Trustee 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019