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Palmer Square Capital BDC (Palmer Square Capital BDC) Price-to-Tangible-Book : 1.18 (As of May. 09, 2024)


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What is Palmer Square Capital BDC Price-to-Tangible-Book?

As of today (2024-05-09), Palmer Square Capital BDC's share price is $16.72. Palmer Square Capital BDC's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $14.19. Hence, Palmer Square Capital BDC's Price to Tangible Book Ratio of today is 1.18.

The historical rank and industry rank for Palmer Square Capital BDC's Price-to-Tangible-Book or its related term are showing as below:

PSBD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0   Med: 0   Max: 1.17
Current: 1.18

During the past 4 years, Palmer Square Capital BDC's highest Price to Tangible Book Ratio was 1.17. The lowest was 0.00. And the median was 0.00.

PSBD's Price-to-Tangible-Book is ranked worse than
75.71% of 1622 companies
in the Asset Management industry
Industry Median: 0.96 vs PSBD: 1.18

A closely related ratio is called PB Ratio. As of today, Palmer Square Capital BDC's share price is $16.72. Palmer Square Capital BDC's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.19. Hence, Palmer Square Capital BDC's P/B Ratio of today is 1.18.


Palmer Square Capital BDC Price-to-Tangible-Book Historical Data

The historical data trend for Palmer Square Capital BDC'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.

Palmer Square Capital BDC Price-to-Tangible-Book Chart

Palmer Square Capital BDC Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
- - - -

Palmer Square Capital BDC Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only - - - - -

Competitive Comparison of Palmer Square Capital BDC's Price-to-Tangible-Book

For the Asset Management subindustry, Palmer Square Capital BDC'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.


Palmer Square Capital BDC's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Palmer Square Capital BDC's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Palmer Square Capital BDC's Price-to-Tangible-Book falls into.



Palmer Square Capital BDC Price-to-Tangible-Book Calculation

Palmer Square Capital BDC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=16.72/14.191
=1.18

* 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.


Palmer Square Capital BDC Price-to-Tangible-Book Related Terms

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


Palmer Square Capital BDC (Palmer Square Capital BDC) Business Description

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Palmer Square Capital BDC Inc is a financial services company that lends to and invests in corporate debt securities of companies, including small to large private U.S. companies. Their investment objective is to maximize total return, comprised of current income and capital appreciation.

Palmer Square Capital BDC (Palmer Square Capital BDC) Headlines