GCP Asset Backedome Fund (LSE:GABI) Price-to-Tangible-Book : 0.75 (As of May. 18, 2024)

View and export this data going back to 2015. Start your Free Trial

What is GCP Asset Backedome Fund Price-to-Tangible-Book?

As of today (2024-05-18), GCP Asset Backedome Fund's share price is £0.702. GCP Asset Backedome Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.93. Hence, GCP Asset Backedome Fund's Price to Tangible Book Ratio of today is 0.75.

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

LSE:GABI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7 Med: 1.01 Max: 1.34
Current: 0.75

During the past 8 years, GCP Asset Backedome Fund's highest Price to Tangible Book Ratio was 1.34. The lowest was 0.70. And the median was 1.01.

LSE:GABI's Price-to-Tangible-Book is ranked better than
79.21% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:GABI: 0.75

A closely related ratio is called PB Ratio. As of today, GCP Asset Backedome Fund's share price is £0.702. GCP Asset Backedome Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.93. Hence, GCP Asset Backedome Fund's P/B Ratio of today is 0.75.

GCP Asset Backedome Fund Price-to-Tangible-Book Historical Data

The historical data trend for GCP Asset Backedome 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.

GCP Asset Backedome Fund Price-to-Tangible-Book Chart

GCP Asset Backedome Fund Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

1.06

0.89

0.98

0.89

0.70

GCP Asset Backedome Fund Semi-Annual Data
	Jun16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial										0.98	0.97	0.89	0.67	0.70

Competitive Comparison of GCP Asset Backedome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, GCP Asset Backedome 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.

GCP Asset Backedome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where GCP Asset Backedome Fund's Price-to-Tangible-Book falls into.

GCP Asset Backedome Fund Price-to-Tangible-Book Calculation

GCP Asset Backedome 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 )
	=	0.702	/	0.932
	=	0.75

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.

GCP Asset Backedome Fund Price-to-Tangible-Book Related Terms

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

GCP Asset Backedome Fund (LSE:GABI) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GCP Asset Backed Income Fund Ltd (LSE:GABI) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

GABIl:UK

Address

IFC 5, Saint Helier, JEY, JE1 1ST

Website

http://www.gcpassetbacked.com

GCP Asset Backed Income Fund Ltd is a closed-ended investment company. Its objective is to generate risk-adjusted returns through regular, growing distributions and modest capital appreciation over the long term. It provides investors with exposure to a portfolio of the United Kingdom-based asset-backed loans secured against cash flows and/or physical assets. The company invests in a diversified portfolio of fixed and floating-rate loans secured against physical assets, which have contracted, predictable medium-to-long-term cash flows. It invests in various sectors, which include asset finance, property, energy and infrastructure, and social infrastructure.

GCP Asset Backedome Fund (LSE:GABI) Headlines

No Headlines