The historical rank and industry rank for abrdn Global Infrastructureome Fund's Price-to-Tangible-Book or its related term are showing as below:
ASGI'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83 Med: 0.84 Max: 0.98
Current: 0.98
During the past 4 years, abrdn Global Infrastructureome Fund's highest Price to Tangible Book Ratio was 0.98. The lowest was 0.83. And the median was 0.84.
ASGI's Price-to-Tangible-Book is ranked worse than 54.34% of 1623
companies
in the Asset Management industry
Industry Median: 0.96
vs ASGI: 0.98
* 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 Price-to-Tangible-Book Chart
abrdn Global Infrastructureome Fund Annual Data
Trend
Sep20
Sep21
Sep22
Sep23
Price-to-Tangible-Book
-
0.90
0.83
0.84
abrdn Global Infrastructureome Fund Semi-Annual Data
Competitive Comparison of abrdn Global Infrastructureome Fund's Price-to-Tangible-Book
For the Asset Management subindustry, abrdn Global Infrastructureome Fund'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.
abrdn Global Infrastructureome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, abrdn Global Infrastructureome Fund's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where abrdn Global Infrastructureome Fund's Price-to-Tangible-Book falls into.
abrdn Global Infrastructureome Fund Price-to-Tangible-Book Calculation
* 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.
abrdn Global Infrastructureome Fund Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of abrdn Global Infrastructureome Fund's Price-to-Tangible-Book 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
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.
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