Thames Ventures VCT 2 (LSE:D467) Price-to-Tangible-Book : 0.31 (As of May. 27, 2024)

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What is Thames Ventures VCT 2 Price-to-Tangible-Book?

As of today (2024-05-27), Thames Ventures VCT 2's share price is £0.14. Thames Ventures VCT 2's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £0.45. Hence, Thames Ventures VCT 2's Price to Tangible Book Ratio of today is 0.31.

The historical rank and industry rank for Thames Ventures VCT 2's Price-to-Tangible-Book or its related term are showing as below:

LSE:D467' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.22 Med: 0.51 Max: 1.9
Current: 0.31

During the past 13 years, Thames Ventures VCT 2's highest Price to Tangible Book Ratio was 1.90. The lowest was 0.22. And the median was 0.51.

LSE:D467's Price-to-Tangible-Book is ranked better than
96.98% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:D467: 0.31

A closely related ratio is called PB Ratio. As of today, Thames Ventures VCT 2's share price is £0.14. Thames Ventures VCT 2's Book Value per Sharefor the quarter that ended in Sep. 2023 was £0.45. Hence, Thames Ventures VCT 2's P/B Ratio of today is 0.31.

Thames Ventures VCT 2 Price-to-Tangible-Book Historical Data

The historical data trend for Thames Ventures VCT 2'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.

Thames Ventures VCT 2 Price-to-Tangible-Book Chart

Thames Ventures VCT 2 Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.57

0.45

0.37

0.22

0.27

Thames Ventures VCT 2 Semi-Annual Data
	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.23	0.22	0.23	0.27	0.31

Competitive Comparison of Thames Ventures VCT 2's Price-to-Tangible-Book

For the Asset Management subindustry, Thames Ventures VCT 2'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.

Thames Ventures VCT 2's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Thames Ventures VCT 2's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Thames Ventures VCT 2's Price-to-Tangible-Book falls into.

Thames Ventures VCT 2 Price-to-Tangible-Book Calculation

Thames Ventures VCT 2's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.14	/	0.454
	=	0.31

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Thames Ventures VCT 2 Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Thames Ventures VCT 2's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Thames Ventures VCT 2 (LSE:D467) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Thames Ventures VCT 2 PLC (LSE:D467) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

3 Lower Thames Street, 6th Floor, Saint Magnus House, London, GBR, EC3R 6HD

Website

https://www.foresightgroup.eu

Thames Ventures VCT 2 PLC is a venture capital trust. Its investment objectives are to invest in a portfolio of Venture Capital Investments and Structured Products, reduce the risks normally associated with Venture Capital Investments, target an annual dividend of at least 5.00p per ordinary, B share and D Share, provide a full exit for shareholders in approximately six years at no discount to NAV, and maintain VCT status to enable shareholders to retain their 30.0% income tax relief on investment.

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