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Madison Covrd Call & Eqt Strtg Fd (Madison Covrd Call & Eqt Strtg Fd) Price-to-Tangible-Book : 1.02 (As of May. 11, 2024)


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What is Madison Covrd Call & Eqt Strtg Fd Price-to-Tangible-Book?

As of today (2024-05-11), Madison Covrd Call & Eqt Strtg Fd's share price is $7.23. Madison Covrd Call & Eqt Strtg Fd's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $7.06. Hence, Madison Covrd Call & Eqt Strtg Fd's Price to Tangible Book Ratio of today is 1.02.

The historical rank and industry rank for Madison Covrd Call & Eqt Strtg Fd's Price-to-Tangible-Book or its related term are showing as below:

MCN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.89   Med: 0.95   Max: 1.1
Current: 1.02

During the past 7 years, Madison Covrd Call & Eqt Strtg Fd's highest Price to Tangible Book Ratio was 1.10. The lowest was 0.89. And the median was 0.95.

MCN's Price-to-Tangible-Book is ranked worse than
61.57% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs MCN: 1.02

A closely related ratio is called PB Ratio. As of today, Madison Covrd Call & Eqt Strtg Fd's share price is $7.23. Madison Covrd Call & Eqt Strtg Fd's Book Value per Sharefor the quarter that ended in Dec. 2023 was $7.06. Hence, Madison Covrd Call & Eqt Strtg Fd's P/B Ratio of today is 1.02.


Madison Covrd Call & Eqt Strtg Fd Price-to-Tangible-Book Historical Data

The historical data trend for Madison Covrd Call & Eqt Strtg Fd'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.

Madison Covrd Call & Eqt Strtg Fd Price-to-Tangible-Book Chart

Madison Covrd Call & Eqt Strtg Fd Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.90 0.95 1.08 1.10 1.07

Madison Covrd Call & Eqt Strtg Fd Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.08 1.01 1.10 1.03 1.07

Competitive Comparison of Madison Covrd Call & Eqt Strtg Fd's Price-to-Tangible-Book

For the Asset Management subindustry, Madison Covrd Call & Eqt Strtg Fd'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.


Madison Covrd Call & Eqt Strtg Fd's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Madison Covrd Call & Eqt Strtg Fd's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Madison Covrd Call & Eqt Strtg Fd's Price-to-Tangible-Book falls into.



Madison Covrd Call & Eqt Strtg Fd Price-to-Tangible-Book Calculation

Madison Covrd Call & Eqt Strtg Fd's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=7.23/7.057
=1.02

* 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.


Madison Covrd Call & Eqt Strtg Fd Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Madison Covrd Call & Eqt Strtg Fd's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Madison Covrd Call & Eqt Strtg Fd (Madison Covrd Call & Eqt Strtg Fd) Business Description

Traded in Other Exchanges
N/A
Address
550 Science Drive, Madison, WI, USA, 53711
Madison Covrd Call & Eqt Strtg Fd is a diversified, closed-end management investment company. The primary objective is to provide a high level of current income and current gains. Its secondary objective is to achieve long-term capital appreciation. The fund seeks to achieve its objectives by investing primarily in large and mid-capitalization common stocks. Its portfolio of investments consists of different sectors investment such as consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, materials, real estate, utilities, exchange-traded funds, U.S. government and agency obligations, and money market funds.
Executives
Jill M Friedow director 550 SCIENCE DR, MADISON WI 53711
Imhoff James R Jr other: Former Director 550 SCIENCE DRIVE, MADISON WI 53711
Scott C Jones director C/O XA INVESTMENTS, 1290 BROADWAY STE 1100, DENVER CO 80203
Patrick F Ryan officer: President MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Steven J Fredricks officer: CCO MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Richard E Struthers director 2340 WEST COUNTY ROAD C, SAINT PAUL MN 55113-2528
Kevin S Thompson officer: Chief Legal Officer MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
George W Karpus 10 percent owner
Karpus Management, Inc. 10 percent owner 183 SULLY'S TRAIL, PITTSFORD NY 14534
Steven Paul Riege director 11613 N LAFAYETTE PLACE, MEQUON WI 53092
Lisa R Lange officer: CCO MADISON ASSET MANAGEMENT, LLC, 550 SCIENCE DRIVE, MADISON WI 53711
Pamela Marie Krill officer: CLO and General Counsel 550 SCIENCE DRIVE, MADISON WI 53562
Holly S Baggot officer: Secretary and Asst Treasurer 550 SCIENCE DRIVE, MADISON WI 53711
Paul Anthony Lefurgey officer: Vice President 1817 AUTUMN HILL DRIVE, VERONA WI 53593
Wayne Richard Mason officer: CCO 2002 E PALMAIRE AVE, PHOENIX AZ 85020