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GAMCO Global Gold Natural Resources &ome Trust (GAMCO Global Gold Natural Resources &ome Trust) Price-to-Tangible-Book : 1.05 (As of Apr. 28, 2024)


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What is GAMCO Global Gold Natural Resources &ome Trust Price-to-Tangible-Book?

As of today (2024-04-28), GAMCO Global Gold Natural Resources &ome Trust's share price is $4.08. GAMCO Global Gold Natural Resources &ome Trust's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was $3.89. Hence, GAMCO Global Gold Natural Resources &ome Trust's Price to Tangible Book Ratio of today is 1.05.

The historical rank and industry rank for GAMCO Global Gold Natural Resources &ome Trust's Price-to-Tangible-Book or its related term are showing as below:

GGN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 0.96   Max: 1.05
Current: 1.05

During the past 13 years, GAMCO Global Gold Natural Resources &ome Trust's highest Price to Tangible Book Ratio was 1.05. The lowest was 0.87. And the median was 0.96.

GGN's Price-to-Tangible-Book is ranked worse than
68.31% of 1625 companies
in the Asset Management industry
Industry Median: 0.94 vs GGN: 1.05

A closely related ratio is called PB Ratio. As of today, GAMCO Global Gold Natural Resources &ome Trust's share price is $4.08. GAMCO Global Gold Natural Resources &ome Trust's Book Value per Sharefor the quarter that ended in Jun. 2023 was $3.89. Hence, GAMCO Global Gold Natural Resources &ome Trust's P/B Ratio of today is 1.05.


GAMCO Global Gold Natural Resources &ome Trust Price-to-Tangible-Book Historical Data

The historical data trend for GAMCO Global Gold Natural Resources &ome 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.

GAMCO Global Gold Natural Resources &ome Trust Price-to-Tangible-Book Chart

GAMCO Global Gold Natural Resources &ome Trust Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.02 0.87 0.96 0.94

GAMCO Global Gold Natural Resources &ome Trust Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.96 1.01 0.94 0.96

Competitive Comparison of GAMCO Global Gold Natural Resources &ome Trust's Price-to-Tangible-Book

For the Asset Management subindustry, GAMCO Global Gold Natural Resources &ome 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.


GAMCO Global Gold Natural Resources &ome Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, GAMCO Global Gold Natural Resources &ome Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where GAMCO Global Gold Natural Resources &ome Trust's Price-to-Tangible-Book falls into.



GAMCO Global Gold Natural Resources &ome Trust Price-to-Tangible-Book Calculation

GAMCO Global Gold Natural Resources &ome Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=4.08/3.894
=1.05

* 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.


GAMCO Global Gold Natural Resources &ome Trust Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of GAMCO Global Gold Natural Resources &ome Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


GAMCO Global Gold Natural Resources &ome Trust (GAMCO Global Gold Natural Resources &ome Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
GAMCO Global Gold Natural Resources & Income Trust is a non-diversified closed-end management investment company. Its primary investment objective is to provide a high current income and capital appreciation as its secondary objective. To achieve its objective, the fund may invest 80% of its assets in equity securities of companies principally engaged in the gold and natural resources industries. It also intends to earn income through an option strategy of writing (selling) covered call options on equity securities in its portfolio.
Executives
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Elizabeth C Bogan director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, MORRISTOWN NJ 07960
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
Mario J Gabelli other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Salvatore M Salibello director ONE CORPORATE CENTER, RYE NY 10580
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Urso Mario D director 65 EATON SQUARE, LONDON SW UK X0 041101225