abrdn Global Infrastructureome Fund (abrdn Global Infrastructureome Fund) PB Ratio : 0.98 (As of May. 27, 2024)

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What is abrdn Global Infrastructureome Fund PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-27), abrdn Global Infrastructureome Fund's share price is $18.86. abrdn Global Infrastructureome Fund's Book Value per Share for the quarter that ended in Sep. 2023 was $19.16. Hence, abrdn Global Infrastructureome Fund's PB Ratio of today is 0.98.

The historical rank and industry rank for abrdn Global Infrastructureome Fund's PB Ratio or its related term are showing as below:

ASGI' s PB Ratio Range Over the Past 10 Years
Min: 0.75 Med: 0.91 Max: 0.99
Current: 0.98

During the past 4 years, abrdn Global Infrastructureome Fund's highest PB Ratio was 0.99. The lowest was 0.75. And the median was 0.91.

ASGI's PB Ratio is ranked worse than
55.44% of 1690 companies
in the Asset Management industry
Industry Median: 0.95 vs ASGI: 0.98

During the past 12 months, abrdn Global Infrastructureome Fund's average Book Value Per Share Growth Rate was 1.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -8.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -7.80% per year.

Back to Basics: PB Ratio

abrdn Global Infrastructureome Fund PB Ratio Historical Data

The historical data trend for abrdn Global Infrastructureome Fund's PB Ratio 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.

abrdn Global Infrastructureome Fund PB Ratio Chart

abrdn Global Infrastructureome Fund Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

PB Ratio

0.90

0.83

0.84

abrdn Global Infrastructureome Fund Semi-Annual Data
	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial			0.90	0.87	0.83	0.85	0.84

Competitive Comparison of abrdn Global Infrastructureome Fund's PB Ratio

For the Asset Management subindustry, abrdn Global Infrastructureome Fund's PB Ratio, along with its competitors' market caps and PB Ratio 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.

abrdn Global Infrastructureome Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Global Infrastructureome Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where abrdn Global Infrastructureome Fund's PB Ratio falls into.

abrdn Global Infrastructureome Fund PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

abrdn Global Infrastructureome Fund's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	18.86	/	19.159
	=	0.98

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

abrdn Global Infrastructureome Fund (NYSE:ASGI) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

abrdn Global Infrastructureome Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of abrdn Global Infrastructureome Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

abrdn Global Infrastructureome Fund (abrdn Global Infrastructureome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » abrdn Global Infrastructure Income Fund (NYSE:ASGI) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

1900 Market Street, Suite?200, Philadelphia, PA, USA, 19103

Website

https://www.abrdnasgi.com

abrdn Global Infrastructure Income Fund is a non-diversified, closed-end management investment company. Its objective is to seek to provide a high level of total return with an emphasis on current income by investing in assets that provide necessary services to society.

Executives

Peter Branner	other: Director of Sub-Adviser	C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Jaclyn Marie Matsick	other: Director of Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Xavier Meyer	other: Director of Sub-Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Chris Lavictoire Mahai	director	C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
Thomas W Hunersen	director	C/O MACQUARIE FUND ADVISER, LLC, 600 FIFTH AVENUE, NEW YORK NY 10020
Gordon A Baird	director	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katie Lynn Gebauer	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Katherine A. Corey	officer: Vice President	1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze	other: Director of Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Grant Thomas Hotson	other: Director of Sub-Adviser	1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Michael Marsico	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Brian Kordeck	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Robert W. Hepp	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Andrew Wonil Kim	officer: Vice President	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILDADELPHIA PA 19103
Neil Andrew Slater	other: Director of Sub-Adviser	C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103