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Putnam Premierome Trust (Putnam Premierome Trust) Price-to-Tangible-Book : 0.90 (As of May. 26, 2024)


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What is Putnam Premierome Trust Price-to-Tangible-Book?

As of today (2024-05-26), Putnam Premierome Trust's share price is $3.48. Putnam Premierome Trust's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $3.86. Hence, Putnam Premierome Trust's Price to Tangible Book Ratio of today is 0.90.

The historical rank and industry rank for Putnam Premierome Trust's Price-to-Tangible-Book or its related term are showing as below:

PPT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9   Med: 0.95   Max: 1.01
Current: 0.9

During the past 7 years, Putnam Premierome Trust's highest Price to Tangible Book Ratio was 1.01. The lowest was 0.90. And the median was 0.95.

PPT's Price-to-Tangible-Book is ranked better than
62.66% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs PPT: 0.90

A closely related ratio is called PB Ratio. As of today, Putnam Premierome Trust's share price is $3.48. Putnam Premierome Trust's Book Value per Sharefor the quarter that ended in Jan. 2024 was $3.86. Hence, Putnam Premierome Trust's P/B Ratio of today is 0.90.

Putnam Premierome Trust Price-to-Tangible-Book Historical Data

The historical data trend for Putnam Premierome Trust'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.

Putnam Premierome Trust Price-to-Tangible-Book Chart

Putnam Premierome Trust Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.98 0.99 1.01 0.95 0.95

Putnam Premierome Trust Semi-Annual Data
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 0.95 0.95 0.96 0.95 0.95

Competitive Comparison of Putnam Premierome Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Putnam Premierome Trust'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.

Putnam Premierome Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Putnam Premierome Trust's Price-to-Tangible-Book falls into.


Putnam Premierome Trust Price-to-Tangible-Book Calculation

Putnam Premierome Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=3.48/3.855
=0.90

* 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:

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.

Putnam Premierome Trust Price-to-Tangible-Book Related Terms

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

Putnam Premierome Trust (Putnam Premierome Trust) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Putnam Premier Income Trust (NYSE:PPT) » Definitions » Price-to-Tangible-Book
Comparable Companies
VKI DFP KMF MCI FFA LEO AVK BRW DPG TYG BLK BX OSTO:INVE A TSX:BN KKR APO BK AMP XSWX:PGHN LSE:III
Traded in Other Exchanges
N/A
Address
100 Federal Street, Boston, MA, USA, 02110
Website
https://www.putnam.com
Putnam Premier Income Trust is a Massachusetts business trust operating as a non-diversified closed-end management investment company. The fund is currently operating as a diversified fund. Its investment objective is to seek high current income consistent with the preservation of capital by allocating its investments to the U.S. government sector.
Executives
Stephen R Denny officer: Head HR- Diversity & Inclusion, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Manoj P Singh director PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Michael V Salm officer: Portfolio Manager/Putnam.Inv. PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Carlo Forcione officer: Head of Product and Strategy, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Catherine Saunders officer: Head,Corporate Sustainability, other: and Public Policy - Putnam Inv PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Mona Sutphen director 777 HIDDEN RIDGE, IRVING TX 75038
Jennifer Murphy director LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Marie Pillai director C/O PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Jacquelyn S Vanderbrug officer: Headof Sustainability Strategy, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Brendan T Murray officer: Head of Global Inv. Strategies, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Alan Mccormack officer: Vice President and, other: Derivatives Risk Manager PUTNAM INVESTMENTS, 16 ST. JAMES'S STREET, LONDON X0 SW1A 1ER
Martin Lemaire officer: Vice President and, other: Derivatives Risk Manager PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Steven P Mckay officer: Head of Global DCIO, other: Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Kaitlin May officer: Head of Global Institutional, other: Management /Putnam Investments PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Stephen J Tate officer: General Counsel, other: Chief Legal Officer/Putnam Inv PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110