GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Value Municipal Income Trust (NYSE:IIM) » Definitions » Price-to-Tangible-Book

Invesco Value Municipalome Trust (Invesco Value Municipalome Trust) Price-to-Tangible-Book : 0.86 (As of May. 12, 2024)


View and export this data going back to 1993. Start your Free Trial

What is Invesco Value Municipalome Trust Price-to-Tangible-Book?

As of today (2024-05-12), Invesco Value Municipalome Trust's share price is $11.73. Invesco Value Municipalome Trust's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $13.57. Hence, Invesco Value Municipalome Trust's Price to Tangible Book Ratio of today is 0.86.

The historical rank and industry rank for Invesco Value Municipalome Trust's Price-to-Tangible-Book or its related term are showing as below:

IIM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86   Med: 0.92   Max: 0.96
Current: 0.86

During the past 7 years, Invesco Value Municipalome Trust's highest Price to Tangible Book Ratio was 0.96. The lowest was 0.86. And the median was 0.92.

IIM's Price-to-Tangible-Book is ranked better than
70.51% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs IIM: 0.86

A closely related ratio is called PB Ratio. As of today, Invesco Value Municipalome Trust's share price is $11.73. Invesco Value Municipalome Trust's Book Value per Sharefor the quarter that ended in Feb. 2024 was $13.57. Hence, Invesco Value Municipalome Trust's P/B Ratio of today is 0.86.


Invesco Value Municipalome Trust Price-to-Tangible-Book Historical Data

The historical data trend for Invesco Value Municipalome Trust'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.

Invesco Value Municipalome Trust Price-to-Tangible-Book Chart

Invesco Value Municipalome Trust Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.90 0.94 0.96 0.93 0.87

Invesco Value Municipalome Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 0.96 0.98 0.93 0.89 0.87

Competitive Comparison of Invesco Value Municipalome Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Invesco Value Municipalome Trust'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.


Invesco Value Municipalome Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Value Municipalome Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Invesco Value Municipalome Trust's Price-to-Tangible-Book falls into.



Invesco Value Municipalome Trust Price-to-Tangible-Book Calculation

Invesco Value Municipalome Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=11.73/13.568
=0.86

* 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.


Invesco Value Municipalome Trust Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Invesco Value Municipalome Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Invesco Value Municipalome Trust (Invesco Value Municipalome Trust) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, N.E., Suite 1800, Atlanta, GA, USA, 30309
Invesco Value Municipal Income Trust is a diversified, closed-end management investment company. Its investment objective is to provide common shareholders with current income which is exempt from federal income tax.
Executives
Glenn Eugene Brightman officer: President & PEO 570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Stephanie Butcher officer: Senior Vice President 1555 PEACHTREE ST. NE, ATLANTA GA 30309
Tony Wong director, officer: Senior Vice President 1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Melanie Ringold officer: SVP, CLO and Secretary 1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Timothy M O'reilly other: Portfolio Manager 1555 PEACHTREE STREET NE, SUITE 1800, ATLANTA GA 30309
Mark William Gregson officer: Chief Accounting Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron officer: Chief Financial Officer 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Josh Cooney other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Rebecca Setcavage other: Portfolio Manager 1555 PEACHTREE ST NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Meadows Colin director 1360 PEACHTREE STREET, ATLANTA GA 30309
Kevin M Carome director
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309