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Reaves Utilityome Fund (Reaves Utilityome Fund) Price-to-Tangible-Book : 1.07 (As of Apr. 25, 2024)


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What is Reaves Utilityome Fund Price-to-Tangible-Book?

As of today (2024-04-25), Reaves Utilityome Fund's share price is $26.24. Reaves Utilityome Fund's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $24.53. Hence, Reaves Utilityome Fund's Price to Tangible Book Ratio of today is 1.07.

The historical rank and industry rank for Reaves Utilityome Fund's Price-to-Tangible-Book or its related term are showing as below:

UTG' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92   Med: 0.99   Max: 1.07
Current: 1.07

During the past 13 years, Reaves Utilityome Fund's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.92. And the median was 0.99.

UTG's Price-to-Tangible-Book is ranked worse than
71.12% of 1624 companies
in the Asset Management industry
Industry Median: 0.93 vs UTG: 1.07

A closely related ratio is called PB Ratio. As of today, Reaves Utilityome Fund's share price is $26.24. Reaves Utilityome Fund's Book Value per Sharefor the quarter that ended in Oct. 2023 was $24.53. Hence, Reaves Utilityome Fund's P/B Ratio of today is 1.07.


Reaves Utilityome Fund Price-to-Tangible-Book Historical Data

The historical data trend for Reaves Utilityome 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.

Reaves Utilityome Fund Price-to-Tangible-Book Chart

Reaves Utilityome Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 1.02 1.03 1.00 1.00

Reaves Utilityome Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 1.03 1.01 1.00 1.00 1.00

Competitive Comparison of Reaves Utilityome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Reaves Utilityome 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.


Reaves Utilityome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Reaves Utilityome Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Reaves Utilityome Fund's Price-to-Tangible-Book falls into.



Reaves Utilityome Fund Price-to-Tangible-Book Calculation

Reaves Utilityome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=26.24/24.53
=1.07

* 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.


Reaves Utilityome Fund Price-to-Tangible-Book Related Terms

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


Reaves Utilityome Fund (Reaves Utilityome Fund) Business Description

Traded in Other Exchanges
N/A
Address
1700 Broadway, Suite 1230, Denver, CO, USA, 80290
Reaves Utility Income Fund is a closed-end management investment company. The company's investment objective is to provide a high level of after-tax income and total return consisting of tax-advantaged dividend income and capital appreciation. It invests a portion of its total assets in securities of utility companies, which may include companies in the electric, gas, water, telecommunications sectors, as well as other companies engaged in other infrastructure operations.
Executives
Thomas Michael Grimes other: Officer of Investment Advisor C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Reaves W H & Co Inc other: Officer of Investment Advisor REAVES W H & CO INC, 10 EXCHANGE PLACE, JERSEY CITY NJ 07302
Rhame Joseph Burns Iii other: Officer of Investment Advisor C/O W.H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Christopher Moore officer: Secretary 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jennell Panella officer: Treasurer 1250 BROADWAY, SUITE 1000, DENVER CO 80203
Thomas W Harmke officer: Officer of Investment Adviser C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Sareena Khwaja-dixon officer: Secretary 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Louis Francisco Cimino other: Officer of Investment Adviser C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Kelly Mcewen officer: Treasurer 5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Wilhelm Rowland Otto Jr other: Officer of Investment Advisor C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FL., JERSEY CITY NJ 07302
Ronald James Sorenson other: Officer of Investment Adviser C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Jeremy O May director 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Brian Wallace Weeks other: Officer of Investment Advisor C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
William Avrum Ferer other: Officer of Investment Adviser C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302

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