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Templeton Emerging Marketsome Fund (Templeton Emerging Marketsome Fund) PB Ratio : 0.94 (As of May. 17, 2024)


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What is Templeton Emerging Marketsome Fund 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 (2024-05-17), Templeton Emerging Marketsome Fund's share price is $5.52. Templeton Emerging Marketsome Fund's Book Value per Share for the quarter that ended in Dec. 2023 was $5.90. Hence, Templeton Emerging Marketsome Fund's PB Ratio of today is 0.94.

The historical rank and industry rank for Templeton Emerging Marketsome Fund's PB Ratio or its related term are showing as below:

TEI' s PB Ratio Range Over the Past 10 Years
Min: 0.58   Med: 0.86   Max: 1.02
Current: 0.94

During the past 7 years, Templeton Emerging Marketsome Fund's highest PB Ratio was 1.02. The lowest was 0.58. And the median was 0.86.

TEI's PB Ratio is ranked better than
54.15% of 1688 companies
in the Asset Management industry
Industry Median: 0.95 vs TEI: 0.94

During the past 12 months, Templeton Emerging Marketsome Fund's average Book Value Per Share Growth Rate was 3.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -13.10% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Templeton Emerging Marketsome Fund was -11.20% per year. The lowest was -16.80% per year. And the median was -12.20% per year.

Back to Basics: PB Ratio


Templeton Emerging Marketsome Fund PB Ratio Historical Data

The historical data trend for Templeton Emerging Marketsome Fund'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.

Templeton Emerging Marketsome Fund PB Ratio Chart

Templeton Emerging Marketsome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 0.92 0.87 0.96 0.96 0.86

Templeton Emerging Marketsome Fund 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 0.96 0.92 0.96 0.90 0.86

Competitive Comparison of Templeton Emerging Marketsome Fund's PB Ratio

For the Asset Management subindustry, Templeton Emerging Marketsome Fund'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.


Templeton Emerging Marketsome Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Templeton Emerging Marketsome Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Templeton Emerging Marketsome Fund's PB Ratio falls into.



Templeton Emerging Marketsome Fund 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.

Templeton Emerging Marketsome Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=5.52/5.901
=0.94

* 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.


Templeton Emerging Marketsome Fund  (NYSE:TEI) 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.


Templeton Emerging Marketsome Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Templeton Emerging Marketsome Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Templeton Emerging Marketsome Fund (Templeton Emerging Marketsome Fund) Business Description

Traded in Other Exchanges
N/A
Address
300 S.E. 2nd Street, Fort Lauderdale, FL, USA, 33301-1923
Templeton Emerging Markets Income Fund is a closed-end fund. It seeks high, current income, with a secondary goal of capital appreciation, by investing, under normal market conditions. The company's investment portfolio includes Foreign Government and Agency Securities; Quasi-Sovereign and Corporate Bonds; Common Stocks and Other Equity Interests, and Short-Term Investments and Money Market Funds.
Executives
Christine M. Debevec officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
George P. Hoyt officer: VP & Secretary C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Oliveira Marc De officer: VP & Assistant Secretary C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Alexander Kymn officer: VP & Assistant Secretary WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Harris Goldblat officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Tara E. Gormel officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Terrence J. Checki other: Trustee HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036
Christopher Kings officer: CFO, CAO and Treasurer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Ryan Wheeler officer: Interim CFO, CAO and Treasurer 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301
Susan Kerr officer: VP - AML Compliance 280 PARK AVENUE, NEW YORK NY 10017
Christine Zhu officer: Vice President ONE FRANKLIN PARKWAY, SMO-920/3, SAN MATEO CA 94403
Michael J Hasenstab officer: Pres. & CEO - Invest. Mgmt. ONE FRANKLIN PARKWAY, SMO-920/3, SAN MATEO CA 94403
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Bates Ann Torre other: Trustee 300 CONTINENTAL DRIVE, NEWARK DE 19713