BAM (Brookfield Asset Management) Price-to-Tangible-Book : 6.88 (As of Oct. 31, 2024)

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What is Brookfield Asset Management Price-to-Tangible-Book?

As of today (2024-10-31), Brookfield Asset Management's share price is $53.04. Brookfield Asset Management's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was $7.71. Hence, Brookfield Asset Management's Price to Tangible Book Ratio of today is 6.88.

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

BAM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.93 Med: 6.35 Max: 7.43
Current: 6.98

During the past 4 years, Brookfield Asset Management's highest Price to Tangible Book Ratio was 7.43. The lowest was 4.93. And the median was 6.35.

BAM's Price-to-Tangible-Book is ranked worse than
95.61% of 1618 companies
in the Asset Management industry
Industry Median: 0.94 vs BAM: 6.98

A closely related ratio is called PB Ratio. As of today, Brookfield Asset Management's share price is $53.04. Brookfield Asset Management's Book Value per Sharefor the quarter that ended in Jun. 2024 was $7.71. Hence, Brookfield Asset Management's P/B Ratio of today is 6.88.

Brookfield Asset Management Price-to-Tangible-Book Historical Data

The historical data trend for Brookfield Asset Management'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.

Brookfield Asset Management Price-to-Tangible-Book Chart

Brookfield Asset Management Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

5.49

7.52

Brookfield Asset Management Quarterly Data
	Dec20	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24	Jun24
Price-to-Tangible-Book	Get a 7-Day Free Trial								6.72	6.03	7.52	7.40	4.94

Competitive Comparison of Brookfield Asset Management's Price-to-Tangible-Book

For the Asset Management subindustry, Brookfield Asset Management'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.

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

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

* The bar in red indicates where Brookfield Asset Management's Price-to-Tangible-Book falls into.

Brookfield Asset Management Price-to-Tangible-Book Calculation

Brookfield Asset Management's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2024 )
	=	53.04	/	7.709
	=	6.88

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Brookfield Asset Management Price-to-Tangible-Book Related Terms

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Brookfield Asset Management Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Brookfield Asset Management Ltd (NYSE:BAM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

RW5:Germany BAM:Canada

Address

181 Bay Street, Suite 100, Brookfield Place, Toronto, ON, CAN, M5H 2T3

Website

https://www.brookfield.com

Brookfield Asset Management Ltd engages in providing alternative asset management services through an ownership interest in a alternative asset management business. It offers a range of alternative investment products to investors around the world including public and private pension plans, endowments and foundations, sovereign wealth funds, financial institutions, insurance companies, and private wealth investors.