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GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Price-to-Tangible-Book : 0.88 (As of May. 18, 2024)


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What is GABELLI CONVERTIBLE &OME SECURITIES FUND Price-to-Tangible-Book?

As of today (2024-05-18), GABELLI CONVERTIBLE &OME SECURITIES FUND's share price is $3.68. GABELLI CONVERTIBLE &OME SECURITIES FUND's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was $4.18. Hence, GABELLI CONVERTIBLE &OME SECURITIES FUND's Price to Tangible Book Ratio of today is 0.88.

The historical rank and industry rank for GABELLI CONVERTIBLE &OME SECURITIES FUND's Price-to-Tangible-Book or its related term are showing as below:

GCV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91   Med: 1.03   Max: 1.15
Current: 0.96

During the past 7 years, GABELLI CONVERTIBLE &OME SECURITIES FUND's highest Price to Tangible Book Ratio was 1.15. The lowest was 0.91. And the median was 1.03.

GCV's Price-to-Tangible-Book is ranked better than
51.33% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs GCV: 0.96

A closely related ratio is called PB Ratio. As of today, GABELLI CONVERTIBLE &OME SECURITIES FUND's share price is $3.68. GABELLI CONVERTIBLE &OME SECURITIES FUND's Book Value per Sharefor the quarter that ended in Dec. 2022 was $4.18. Hence, GABELLI CONVERTIBLE &OME SECURITIES FUND's P/B Ratio of today is 0.88.


GABELLI CONVERTIBLE &OME SECURITIES FUND Price-to-Tangible-Book Historical Data

The historical data trend for GABELLI CONVERTIBLE &OME SECURITIES 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.

GABELLI CONVERTIBLE &OME SECURITIES FUND Price-to-Tangible-Book Chart

GABELLI CONVERTIBLE &OME SECURITIES FUND Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial 1.03 0.93 1.09 1.15 0.98

GABELLI CONVERTIBLE &OME SECURITIES FUND Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Sep23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.96 1.09 1.21 1.15 0.98

Competitive Comparison of GABELLI CONVERTIBLE &OME SECURITIES FUND's Price-to-Tangible-Book

For the Asset Management subindustry, GABELLI CONVERTIBLE &OME SECURITIES 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.


GABELLI CONVERTIBLE &OME SECURITIES FUND's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GABELLI CONVERTIBLE &OME SECURITIES FUND's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where GABELLI CONVERTIBLE &OME SECURITIES FUND's Price-to-Tangible-Book falls into.



GABELLI CONVERTIBLE &OME SECURITIES FUND Price-to-Tangible-Book Calculation

GABELLI CONVERTIBLE &OME SECURITIES FUND's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2022 )
=3.68/4.181
=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.


GABELLI CONVERTIBLE &OME SECURITIES FUND Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of GABELLI CONVERTIBLE &OME SECURITIES FUND's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Business Description

Traded in Other Exchanges
N/A
Address
One Corporate Center, Rye, NY, USA, 10580-1422
GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC is a diversified closed-end management investment company. Its investment objective is to seek a high level of total return through a combination of current income and capital appreciation by investing in convertible securities. The company invests in various portfolios such as Health Care, Financial Services, Energy and Utilities, Telecommunications, Food and Beverage, Aerospace and Automotive and others. All the operation of the group is operated through the regions of United States.
Executives
Mario J Gabelli director, 10 percent owner, officer: Chairman 191 MASON STREET, GREENWICH CT 06830
John Birch director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Werner J Roeder director ONE CORPORATE CENTER, RYE NY 10580
Daniel Diss Harding director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Dugald A Fletcher director 111 WEST 57TH STREET, SUITE 1100, NEW YORK NY 10019
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Vincent D Enright director ONE CORPORATE CENTER, RYE NY 10580
Thomas H Dinsmore director C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Joseph H Egan officer: Acting Treasurer ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019

GABELLI CONVERTIBLE &OME SECURITIES FUND (GABELLI CONVERTIBLE &OME SECURITIES FUND) Headlines

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