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North Americanome Trust (The) (LSE:NAIT) Price-to-Tangible-Book : 0.93 (As of May. 11, 2024)


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What is North Americanome Trust (The) Price-to-Tangible-Book?

As of today (2024-05-11), North Americanome Trust (The)'s share price is £2.94. North Americanome Trust (The)'s Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was £3.18. Hence, North Americanome Trust (The)'s Price to Tangible Book Ratio of today is 0.93.

The historical rank and industry rank for North Americanome Trust (The)'s Price-to-Tangible-Book or its related term are showing as below:

LSE:NAIT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 0.92   Max: 1
Current: 0.92

During the past 13 years, North Americanome Trust (The)'s highest Price to Tangible Book Ratio was 1.00. The lowest was 0.87. And the median was 0.92.

LSE:NAIT's Price-to-Tangible-Book is ranked better than
58.67% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:NAIT: 0.92

A closely related ratio is called PB Ratio. As of today, North Americanome Trust (The)'s share price is £2.94. North Americanome Trust (The)'s Book Value per Sharefor the quarter that ended in Jan. 2024 was £3.18. Hence, North Americanome Trust (The)'s P/B Ratio of today is 0.93.


North Americanome Trust (The) Price-to-Tangible-Book Historical Data

The historical data trend for North Americanome Trust (The)'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.

North Americanome Trust (The) Price-to-Tangible-Book Chart

North Americanome Trust (The) Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.89 0.89 0.91 0.91

North Americanome Trust (The) Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.89 0.91 0.91 0.89 0.91

Competitive Comparison of North Americanome Trust (The)'s Price-to-Tangible-Book

For the Asset Management subindustry, North Americanome Trust (The)'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.


North Americanome Trust (The)'s Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, North Americanome Trust (The)'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where North Americanome Trust (The)'s Price-to-Tangible-Book falls into.



North Americanome Trust (The) Price-to-Tangible-Book Calculation

North Americanome Trust (The)'s price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=2.94/3.178
=0.93

* 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.


North Americanome Trust (The) Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of North Americanome Trust (The)'s Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


North Americanome Trust (The) (LSE:NAIT) Business Description

Traded in Other Exchanges
Address
1 George Street, Edinburgh, GBR, EH2 2LL
The North American Income Trust PLC is a closed-end investment company. The objective of the company is to provide investors with above average dividend income and long-term capital growth through active management of a portfolio consisting predominately of S&P 500 US equities.

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