What is Guggenheim Strategic Opportunities Fund Price-to-Tangible-Book?
As of today (2024-04-25), Guggenheim Strategic Opportunities Fund's share price is $14.48. Guggenheim Strategic Opportunities Fund's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $12.02. Hence, Guggenheim Strategic Opportunities Fund's Price to Tangible Book Ratio of today is 1.20.
The historical rank and industry rank for Guggenheim Strategic Opportunities Fund's Price-to-Tangible-Book or its related term are showing as below:
GOF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.06 Med: 1.12 Max: 1.27
Current: 1.2
During the past 7 years, Guggenheim Strategic Opportunities Fund's highest Price to Tangible Book Ratio was 1.27. The lowest was 1.06. And the median was 1.12.
GOF's Price-to-Tangible-Book is ranked worse than 77.63% of 1623
companies
in the Asset Management industry
Industry Median: 0.93
vs GOF: 1.20
A closely related ratio is called PB Ratio. As of today, Guggenheim Strategic Opportunities Fund's share price is $14.48. Guggenheim Strategic Opportunities Fund's Book Value per Sharefor the quarter that ended in Nov. 2023 was $12.02. Hence, Guggenheim Strategic Opportunities Fund's P/B Ratio of today is 1.20.
Guggenheim Strategic Opportunities Fund Price-to-Tangible-Book Historical Data
The historical data trend for Guggenheim Strategic Opportunities Fund'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.
Guggenheim Strategic Opportunities Fund Price-to-Tangible-Book Chart
Guggenheim Strategic Opportunities Fund Annual Data
Competitive Comparison of Guggenheim Strategic Opportunities Fund's Price-to-Tangible-Book
For the Asset Management subindustry, Guggenheim Strategic Opportunities 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.
Guggenheim Strategic Opportunities Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Guggenheim Strategic Opportunities Fund's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Guggenheim Strategic Opportunities Fund's Price-to-Tangible-Book falls into.
Guggenheim Strategic Opportunities Fund Price-to-Tangible-Book Calculation
Guggenheim Strategic Opportunities Fund's price-to-tangible-book ratio for today is calculated as:
* 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.
Guggenheim Strategic Opportunities Fund Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Guggenheim Strategic Opportunities Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Guggenheim Strategic Opportunities Fund (Guggenheim Strategic Opportunities Fund) Business Description
Guggenheim Strategic Opportunities Fund is a diversified, closed-end management investment company. The investment objective of the firm is to maximize total return through a combination of current income and capital appreciation. The Fund seeks to combine a credit-managed fixed-income portfolio with access to a diversified pool of alternative investments and equity strategies.
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