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Blackrock Enhanced Government Fund (Blackrock Enhanced Government Fund) Price-to-Tangible-Book : 0.89 (As of May. 12, 2024)


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What is Blackrock Enhanced Government Fund Price-to-Tangible-Book?

As of today (2024-05-12), Blackrock Enhanced Government Fund's share price is $9.235. Blackrock Enhanced Government Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $10.34. Hence, Blackrock Enhanced Government Fund's Price to Tangible Book Ratio of today is 0.89.

The historical rank and industry rank for Blackrock Enhanced Government Fund's Price-to-Tangible-Book or its related term are showing as below:

EGF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.89   Med: 0.96   Max: 1.01
Current: 0.89

During the past 7 years, Blackrock Enhanced Government Fund's highest Price to Tangible Book Ratio was 1.01. The lowest was 0.89. And the median was 0.96.

EGF's Price-to-Tangible-Book is ranked better than
64.34% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs EGF: 0.89

A closely related ratio is called PB Ratio. As of today, Blackrock Enhanced Government Fund's share price is $9.235. Blackrock Enhanced Government Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was $10.34. Hence, Blackrock Enhanced Government Fund's P/B Ratio of today is 0.89.


Blackrock Enhanced Government Fund Price-to-Tangible-Book Historical Data

The historical data trend for Blackrock Enhanced Government Fund'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.

Blackrock Enhanced Government Fund Price-to-Tangible-Book Chart

Blackrock Enhanced Government Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.97 1.01 0.99 0.93 0.94

Blackrock Enhanced Government Fund Semi-Annual Data
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 0.99 0.95 0.93 0.92 0.94

Competitive Comparison of Blackrock Enhanced Government Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Blackrock Enhanced Government Fund'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.


Blackrock Enhanced Government Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Blackrock Enhanced Government Fund's Price-to-Tangible-Book falls into.



Blackrock Enhanced Government Fund Price-to-Tangible-Book Calculation

Blackrock Enhanced Government Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=9.235/10.339
=0.89

* 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.


Blackrock Enhanced Government Fund Price-to-Tangible-Book Related Terms

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


Blackrock Enhanced Government Fund (Blackrock Enhanced Government Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Enhanced Government Fund Inc is a diversified closed-end management investment company. Its investment objective is to provide shareholders with current income and gains. The fund seeks to pursue the objectives by investing in a portfolio of U.S. Government and U.S. Agency securities and utilizing an option overwriting in an effort to enhance the fund's distribution rate and total return performance.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Scott Maclellan other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Akiva Dickstein other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Enhanced Government Fund (Blackrock Enhanced Government Fund) Headlines