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abrdn Asianome Fund (LSE:AAIF) Price-to-Tangible-Book : 0.91 (As of May. 13, 2024)


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What is abrdn Asianome Fund Price-to-Tangible-Book?

As of today (2024-05-13), abrdn Asianome Fund's share price is £2.16. abrdn Asianome Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £2.39. Hence, abrdn Asianome Fund's Price to Tangible Book Ratio of today is 0.91.

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

LSE:AAIF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 0.93   Max: 1.01
Current: 0.9

During the past 13 years, abrdn Asianome Fund's highest Price to Tangible Book Ratio was 1.01. The lowest was 0.87. And the median was 0.93.

LSE:AAIF's Price-to-Tangible-Book is ranked better than
62.75% of 1624 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:AAIF: 0.90

A closely related ratio is called PB Ratio. As of today, abrdn Asianome Fund's share price is £2.16. abrdn Asianome Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was £2.39. Hence, abrdn Asianome Fund's P/B Ratio of today is 0.91.


abrdn Asianome Fund Price-to-Tangible-Book Historical Data

The historical data trend for abrdn Asianome 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.

abrdn Asianome Fund Price-to-Tangible-Book Chart

abrdn Asianome Fund Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.93 0.88 0.88 0.87

abrdn Asianome Fund 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 0.88 0.88 0.88 0.88 0.87

Competitive Comparison of abrdn Asianome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, abrdn Asianome 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.


abrdn Asianome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where abrdn Asianome Fund's Price-to-Tangible-Book falls into.



abrdn Asianome Fund Price-to-Tangible-Book Calculation

abrdn Asianome 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 )
=2.16/2.386
=0.91

* 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.


abrdn Asianome Fund Price-to-Tangible-Book Related Terms

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


abrdn Asianome Fund (LSE:AAIF) Business Description

Traded in Other Exchanges
Address
Sir Walter Raleigh House, 48 - 50 Esplanade, 1st Floor, Saint Helier, JEY, JE2 3QB
abrdn Asian Income Fund Ltd is an investment fund managed by Aberdeen Asset Management Asia Ltd based in the United Kingdom. The company aims to invest in Asia-based securities listed on stock exchanges in the Asia-Pacific region. It also invests in companies listed on other international exchanges that derive revenues or profits from the Asia-Pacific region. The company's strategy involves attracting long-term private and institutional investors and providing the benefits of the growth prospects of Asian companies. Its portfolio comprises various securities such as equity shares, preference shares, debt, convertible securities, warrants, and other equity-related securities.

abrdn Asianome Fund (LSE:AAIF) Headlines

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