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TwentyFour Select Monthlyome Fund (LSE:SMIF) Price-to-Tangible-Book : 1.10 (As of May. 18, 2024)


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What is TwentyFour Select Monthlyome Fund Price-to-Tangible-Book?

As of today (2024-05-18), TwentyFour Select Monthlyome Fund's share price is £0.83. TwentyFour Select Monthlyome Fund's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £0.75. Hence, TwentyFour Select Monthlyome Fund's Price to Tangible Book Ratio of today is 1.10.

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

LSE:SMIF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96   Med: 1.03   Max: 1.11
Current: 1.11

During the past 10 years, TwentyFour Select Monthlyome Fund's highest Price to Tangible Book Ratio was 1.11. The lowest was 0.96. And the median was 1.03.

LSE:SMIF's Price-to-Tangible-Book is ranked worse than
72.36% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:SMIF: 1.11

A closely related ratio is called PB Ratio. As of today, TwentyFour Select Monthlyome Fund's share price is £0.83. TwentyFour Select Monthlyome Fund's Book Value per Sharefor the quarter that ended in Sep. 2023 was £0.75. Hence, TwentyFour Select Monthlyome Fund's P/B Ratio of today is 1.10.


TwentyFour Select Monthlyome Fund Price-to-Tangible-Book Historical Data

The historical data trend for TwentyFour Select Monthlyome 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.

TwentyFour Select Monthlyome Fund Price-to-Tangible-Book Chart

TwentyFour Select Monthlyome Fund Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.96 1.03 1.04 1.00

TwentyFour Select Monthlyome Fund Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 1.03 1.03 1.04 1.00 1.00

Competitive Comparison of TwentyFour Select Monthlyome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, TwentyFour Select Monthlyome 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.


TwentyFour Select Monthlyome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where TwentyFour Select Monthlyome Fund's Price-to-Tangible-Book falls into.



TwentyFour Select Monthlyome Fund Price-to-Tangible-Book Calculation

TwentyFour Select Monthlyome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=0.83/0.754
=1.10

* 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.


TwentyFour Select Monthlyome Fund Price-to-Tangible-Book Related Terms

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


TwentyFour Select Monthlyome Fund (LSE:SMIF) Business Description

Traded in Other Exchanges
Address
11 Monument Street, 8th Floor, The Monument Building, London, GBR, EC3R 8AF
TwentyFour Select Monthly Income Fund Ltd is a closed-ended investment company registered in Guernsey. Its investment objective is to generate attractive risk-adjusted returns, principally through income distributions. The company's investment policy is to invest in a diversified portfolio which comprises of any category of credit security including bank capital, corporate bonds, high yield bonds, leveraged loans, payment-in-kind notes, and asset-backed securities.

TwentyFour Select Monthlyome Fund (LSE:SMIF) Headlines

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