GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Literacy Capital PLC (LSE:BOOK) » Definitions » Price-to-Tangible-Book

Literacy Capital (LSE:BOOK) Price-to-Tangible-Book : 1.04 (As of May. 26, 2024)


View and export this data going back to 1990. Start your Free Trial

What is Literacy Capital Price-to-Tangible-Book?

As of today (2024-05-26), Literacy Capital's share price is £5.225. Literacy Capital's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £5.02. Hence, Literacy Capital's Price to Tangible Book Ratio of today is 1.04.

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

LSE:BOOK' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 0.96   Max: 1.08
Current: 1.04

During the past 4 years, Literacy Capital's highest Price to Tangible Book Ratio was 1.08. The lowest was 0.87. And the median was 0.96.

LSE:BOOK's Price-to-Tangible-Book is ranked worse than
65.43% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:BOOK: 1.04

A closely related ratio is called PB Ratio. As of today, Literacy Capital's share price is £5.225. Literacy Capital's Book Value per Sharefor the quarter that ended in Dec. 2023 was £5.02. Hence, Literacy Capital's P/B Ratio of today is 1.04.


Literacy Capital Price-to-Tangible-Book Historical Data

The historical data trend for Literacy Capital'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.

Literacy Capital Price-to-Tangible-Book Chart

Literacy Capital Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- 1.08 0.87 0.96

Literacy Capital Semi-Annual Data
Jun20 Dec20 Jun21 Dec21 Sep22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial 1.04 1.08 1.01 0.96 0.96

Competitive Comparison of Literacy Capital's Price-to-Tangible-Book

For the Asset Management subindustry, Literacy Capital'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.


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

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

* The bar in red indicates where Literacy Capital's Price-to-Tangible-Book falls into.



Literacy Capital Price-to-Tangible-Book Calculation

Literacy Capital's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=5.225/5.018
=1.04

* 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.


Literacy Capital Price-to-Tangible-Book Related Terms

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


Literacy Capital (LSE:BOOK) Business Description

Traded in Other Exchanges
N/A
Address
5-11 Regent Street, St James's, 3rd Floor, Charles House, London, GBR, SW1Y 4LR
Literacy Capital PLC is a closed-end investment company focused on investing in and supporting UK businesses and helping their management teams to achieve long-term success.

Literacy Capital (LSE:BOOK) Headlines

No Headlines