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Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Price-to-Tangible-Book : 0.87 (As of May. 06, 2024)


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What is Advent/claymore Enhanced Growth &ome Price-to-Tangible-Book?

As of today (2024-05-06), Advent/claymore Enhanced Growth &ome's share price is $7.74. Advent/claymore Enhanced Growth &ome's Tangible Book per Share of Apr. 2018 for the quarter that ended in Apr. 2018 was $8.92. Hence, Advent/claymore Enhanced Growth &ome's Price to Tangible Book Ratio of today is 0.87.

The historical rank and industry rank for Advent/claymore Enhanced Growth &ome's Price-to-Tangible-Book or its related term are showing as below:

LCM's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Advent/claymore Enhanced Growth &ome's share price is $7.74. Advent/claymore Enhanced Growth &ome's Book Value per Sharefor the quarter that ended in Apr. 2018 was $8.92. Hence, Advent/claymore Enhanced Growth &ome's P/B Ratio of today is 0.87.


Advent/claymore Enhanced Growth &ome Price-to-Tangible-Book Historical Data

The historical data trend for Advent/claymore Enhanced Growth &ome's Price-to-Tangible-Book 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.

Advent/claymore Enhanced Growth &ome Price-to-Tangible-Book Chart

Advent/claymore Enhanced Growth &ome Annual Data
Trend Oct17
Price-to-Tangible-Book
-

Advent/claymore Enhanced Growth &ome Semi-Annual Data
Oct17 Apr18
Price-to-Tangible-Book - -

Competitive Comparison of Advent/claymore Enhanced Growth &ome's Price-to-Tangible-Book

For the Asset Management subindustry, Advent/claymore Enhanced Growth &ome's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Advent/claymore Enhanced Growth &ome's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Advent/claymore Enhanced Growth &ome's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Advent/claymore Enhanced Growth &ome's Price-to-Tangible-Book falls into.



Advent/claymore Enhanced Growth &ome Price-to-Tangible-Book Calculation

Advent/claymore Enhanced Growth &ome's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Apr. 2018 )
=7.74/8.915
=0.87

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


Be Aware

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


Advent/claymore Enhanced Growth &ome Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Advent/claymore Enhanced Growth &ome's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Advent/claymore Enhanced Growth &ome (Advent/claymore Enhanced Growth &ome) Business Description

Traded in Other Exchanges
N/A
Address
Advent/claymore Enhanced Growth & Income is a diversified, closed-end management investment company. Its investment objective is to seek current income and current gains from trading in securities, with a objective of long-term capital appreciation.
Executives
Tony Huang officer: V.P. & Assistant Secretary 227 WEST MONROE STREET, CHICAGO IL 60606
Gerald L Seizert director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Andrew Dakos 10 percent owner 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Steven Samuels 10 percent owner 72 COLEYTOWN ROAD, WESTPORT CT 06882
Phillip Goldstein 10 percent owner 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Tracy V Maitland director, officer: Chairman, CEO & President, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Randall C Barnes director, other: Trustee 2455 CORPORATE WEST DRIVE, LISLE IL 60187
Doug Teresko other: Managing Director 1271 AVENUE OF THE AMERICAS, 45TH FLOOR, NEW YORK NY 10020
Ronald Nyberg director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Edward C Delk officer: CCO & Secy 280 PARK AVENUE, 10TH FLOOR, NEW YORK NY 10017
Michael A Smart director, other: Trustee 10865 AVENUE OF THE AMERICAS,, 31ST FLOOR, NEW YORK NY 10018
Robert Scott Schwartz officer: Chief Compliance Officer 1271 AVENUE OF THE AMERICAS, NEW YORK NY 10002
Derek Medina director, other: Trustee ABC NEWS, 47 WEST 66TH STREET, NEW YORK NY 100123
Richard Rosen other: Portfolio Manager 2455 CORPORATE WEST DRIVE, LISLE IL 60532

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