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Franklin Limited Durationome Trust (Franklin Limited Durationome Trust) Price-to-Tangible-Book : 0.88 (As of May. 13, 2024)


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What is Franklin Limited Durationome Trust Price-to-Tangible-Book?

As of today (2024-05-13), Franklin Limited Durationome Trust's share price is $6.29. Franklin Limited Durationome Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.18. Hence, Franklin Limited Durationome Trust's Price to Tangible Book Ratio of today is 0.88.

The historical rank and industry rank for Franklin Limited Durationome Trust's Price-to-Tangible-Book or its related term are showing as below:

FTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 0.92   Max: 1.01
Current: 0.88

During the past 13 years, Franklin Limited Durationome Trust's highest Price to Tangible Book Ratio was 1.01. The lowest was 0.87. And the median was 0.92.

FTF's Price-to-Tangible-Book is ranked better than
68.84% of 1624 companies
in the Asset Management industry
Industry Median: 0.96 vs FTF: 0.88

A closely related ratio is called PB Ratio. As of today, Franklin Limited Durationome Trust's share price is $6.29. Franklin Limited Durationome Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.18. Hence, Franklin Limited Durationome Trust's P/B Ratio of today is 0.88.


Franklin Limited Durationome Trust Price-to-Tangible-Book Historical Data

The historical data trend for Franklin Limited Durationome Trust'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.

Franklin Limited Durationome Trust Price-to-Tangible-Book Chart

Franklin Limited Durationome Trust Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 1.00 1.01 0.88 0.87

Franklin Limited Durationome Trust Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 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 1.01 0.93 0.88 0.87 0.87

Competitive Comparison of Franklin Limited Durationome Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Franklin Limited Durationome Trust'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.


Franklin Limited Durationome Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Franklin Limited Durationome Trust's Price-to-Tangible-Book falls into.



Franklin Limited Durationome Trust Price-to-Tangible-Book Calculation

Franklin Limited Durationome Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=6.29/7.182
=0.88

* 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.


Franklin Limited Durationome Trust Price-to-Tangible-Book Related Terms

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


Franklin Limited Durationome Trust (Franklin Limited Durationome Trust) Business Description

Traded in Other Exchanges
N/A
Address
One Franklin Parkway, San Mateo, CA, USA, 94403-1906
Franklin Limited Duration Income Trust is a closed-end investment company based in the United States. It conducts its investment with an aim to provide high, current income, with a secondary objective of capital appreciation. To align its investment objective with its strategy, the company invests in a diversified mix of fixed-income securities. Its portfolio is dominated by considerable investments in high-yield corporate bonds while touching upon other avenues such as senior secured floating rate corporate loans, mortgage-backed securities, commercial mortgage-backed securities, asset-backed securities, common stocks and other short-term investments.
Executives
Christine M. Debevec 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
Harris Goldblat officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Oliveira Marc De officer: VP & Assistant Secretary C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
George P. Hoyt officer: VP & Assistant Secretary C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Alexander Kymn officer: VP & Assistant Secretary WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Christopher Kings officer: CFO, CAO and Treasurer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jeffrey White officer: Interim CFO, CAO and Treasurer 3355 DATA DRIVE, RANCHO CORDOVA CA 95670
Susan Kerr officer: VP - AML Compliance 280 PARK AVENUE, NEW YORK NY 10017
Valerie Williams other: Trustee C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Robert Kubilis officer: CFO, CAO and Treasurer FRANKLIN TEMPLETON INVESTMENTS, 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301-1923
Sonal Desai officer: Pres. & CEO - Invest. Mgmt. ONE FRANKLIN PARKWAY, SMO-920/3, SAN MATEO CA 94403
Group Ag Ubs 10 percent owner BAHNHOFSTRASSE 45, ZURICH V8 CH-8001
Terrence J. Checki other: Trustee HESS CORPORATION, 1185 AVENUE OF THE AMERICAS, NEW YORK NY 10036

Franklin Limited Durationome Trust (Franklin Limited Durationome Trust) Headlines