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Virtus Global Multi-Sector (Virtus Global Multi-Sector) Price-to-Tangible-Book : 0.88 (As of May. 12, 2024)


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What is Virtus Global Multi-Sector Price-to-Tangible-Book?

As of today (2024-05-12), Virtus Global Multi-Sector's share price is $7.47. Virtus Global Multi-Sector's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $8.45. Hence, Virtus Global Multi-Sector's Price to Tangible Book Ratio of today is 0.88.

The historical rank and industry rank for Virtus Global Multi-Sector's Price-to-Tangible-Book or its related term are showing as below:

VGI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 0.93   Max: 1.06
Current: 0.88

During the past 7 years, Virtus Global Multi-Sector's highest Price to Tangible Book Ratio was 1.06. The lowest was 0.87. And the median was 0.93.

VGI's Price-to-Tangible-Book is ranked better than
66.93% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs VGI: 0.88

A closely related ratio is called PB Ratio. As of today, Virtus Global Multi-Sector's share price is $7.47. Virtus Global Multi-Sector's Book Value per Sharefor the quarter that ended in Nov. 2023 was $8.45. Hence, Virtus Global Multi-Sector's P/B Ratio of today is 0.88.


Virtus Global Multi-Sector Price-to-Tangible-Book Historical Data

The historical data trend for Virtus Global Multi-Sector'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.

Virtus Global Multi-Sector Price-to-Tangible-Book Chart

Virtus Global Multi-Sector Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.95 0.93 0.99 0.91 0.87

Virtus Global Multi-Sector Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.99 0.89 0.91 0.87 0.87

Competitive Comparison of Virtus Global Multi-Sector's Price-to-Tangible-Book

For the Asset Management subindustry, Virtus Global Multi-Sector'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.


Virtus Global Multi-Sector's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Global Multi-Sector's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Virtus Global Multi-Sector's Price-to-Tangible-Book falls into.



Virtus Global Multi-Sector Price-to-Tangible-Book Calculation

Virtus Global Multi-Sector's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=7.47/8.448
=0.88

* 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.


Virtus Global Multi-Sector Price-to-Tangible-Book Related Terms

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


Virtus Global Multi-Sector (Virtus Global Multi-Sector) Business Description

Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301-9683
Virtus Global Multi-Sector Inc is a United States-based diversified, closed-end management investment company. Its investment objective is to maximize current income while preserving capital. The Fund seeks to achieve its investment objectives by capitalizing on opportunities across undervalued areas of the global bond markets.
Executives
Mcdaniel Connie D director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Sarah E Cogan director 1633 BROADWAY, NEW YORK NY 10019
F Ford Drummond director 100 N BROADWAY, OKLAHOMA CITY OK 73102
Deborah A Decotis director 1633 BROADWAY, NEW YORK NY 10019
Richard W Smirl officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
R Keith Walton director 100 PEARL STREET, HARTFORD CT 06103
John R Mallin director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Sidney E Harris director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Geraldine M Mcnamara director 150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
Donald C Burke director C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Brian T Zino director 100 PARK AVENUE, NEW YORK NY 10017
Rogers James B Jr director 14 WESLEY STREET, HAMILTON D0 HM11
James M Oates director C/O INVESTORS FINANCIAL SERVICES CORP, 200 CLARENDON ST, BOSTON MA 02116
Thomas F. Mann director 125 EAST ELM STREET, SUITE 200, CONSHOHOCKEN PA 19428
Benjamin Caron other: Officer of the Sub-Adviser C/O NEWFLEET ASSET MANAGEMENT, LLC, 100 PEARL STREET, HARTFORD CT 06103