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Platinum Capital (ASX:PMC) Price-to-Tangible-Book : 0.95 (As of May. 27, 2024)


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What is Platinum Capital Price-to-Tangible-Book?

As of today (2024-05-27), Platinum Capital's share price is A$1.425. Platinum Capital's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$1.50. Hence, Platinum Capital's Price to Tangible Book Ratio of today is 0.95.

The historical rank and industry rank for Platinum Capital's Price-to-Tangible-Book or its related term are showing as below:

ASX:PMC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83   Med: 1.07   Max: 1.27
Current: 0.95

During the past 13 years, Platinum Capital's highest Price to Tangible Book Ratio was 1.27. The lowest was 0.83. And the median was 1.07.

ASX:PMC's Price-to-Tangible-Book is ranked better than
52% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs ASX:PMC: 0.95

A closely related ratio is called PB Ratio. As of today, Platinum Capital's share price is A$1.425. Platinum Capital's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.50. Hence, Platinum Capital's P/B Ratio of today is 0.95.


Platinum Capital Price-to-Tangible-Book Historical Data

The historical data trend for Platinum Capital'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.

Platinum Capital Price-to-Tangible-Book Chart

Platinum Capital Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.88 0.95 0.86 0.83

Platinum Capital Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.95 0.86 0.84 0.83 0.86

Competitive Comparison of Platinum Capital's Price-to-Tangible-Book

For the Asset Management subindustry, Platinum Capital'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.


Platinum Capital's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Platinum Capital's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Platinum Capital's Price-to-Tangible-Book falls into.



Platinum Capital Price-to-Tangible-Book Calculation

Platinum Capital's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.425/1.502
=0.95

* 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.


Platinum Capital Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Platinum Capital's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Platinum Capital (ASX:PMC) Business Description

Traded in Other Exchanges
N/A
Address
Level 8, 7 Macquarie Place, Sydney, NSW, AUS, 2000
Platinum Capital Ltd is an Australian close-ended investment company with its investment objectives to deliver attractive returns to shareholders over time, made up of capital growth and fully-franked dividends, and contain capital losses by mitigating the impact of market downturns. It focuses on investing in securities of a company, of which business and growth are undervalued. The investment manager of the company adopts a bottom-up stock selection methodology through which long-term capital growth is sought by investing in undervalued securities, cash and actively managed currency as well as it seeks to earn absolute returns. Its portfolio includes equities and derivatives, forward currency contracts and overseas bank accounts.

Platinum Capital (ASX:PMC) Headlines

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