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Gladstone Investment (Gladstone Investment) Price-to-Tangible-Book : 1.09 (As of Apr. 30, 2024)


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What is Gladstone Investment Price-to-Tangible-Book?

As of today (2024-04-30), Gladstone Investment's share price is $14.21. Gladstone Investment's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $13.01. Hence, Gladstone Investment's Price to Tangible Book Ratio of today is 1.09.

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

GAIN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.7   Med: 0.93   Max: 1.29
Current: 1.09

During the past 13 years, Gladstone Investment's highest Price to Tangible Book Ratio was 1.29. The lowest was 0.70. And the median was 0.93.

GAIN's Price-to-Tangible-Book is ranked worse than
72.83% of 1623 companies
in the Asset Management industry
Industry Median: 0.94 vs GAIN: 1.09

A closely related ratio is called PB Ratio. As of today, Gladstone Investment's share price is $14.21. Gladstone Investment's Book Value per Sharefor the quarter that ended in Dec. 2023 was $13.01. Hence, Gladstone Investment's P/B Ratio of today is 1.09.


Gladstone Investment Price-to-Tangible-Book Historical Data

The historical data trend for Gladstone Investment'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.

Gladstone Investment Price-to-Tangible-Book Chart

Gladstone Investment Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.94 0.70 1.06 1.20 1.01

Gladstone Investment Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.96 1.01 1.00 0.91 1.09

Competitive Comparison of Gladstone Investment's Price-to-Tangible-Book

For the Asset Management subindustry, Gladstone Investment'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.


Gladstone Investment's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Gladstone Investment's Price-to-Tangible-Book falls into.



Gladstone Investment Price-to-Tangible-Book Calculation

Gladstone Investment's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=14.21/13.01
=1.09

* 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.


Gladstone Investment Price-to-Tangible-Book Related Terms

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


Gladstone Investment (Gladstone Investment) Business Description

Traded in Other Exchanges
Address
1521 Westbranch Drive, Suite 100, McLean, VA, USA, 22102
Gladstone Investment Corp is a business development company. The company's investment objective is to invest achieve and grow current income by investing in debt securities of established businesses that will provide stable earnings and cash flow, and provide its stockholders with long-term capital appreciation by investing in equity securities. The company's investment sectors include Business service/distribution, Consumer products, and manufacturing. Its portfolio consists of the following industries Conglomerate Services, Home and Office Furnishings, Housewares, Durable Consumer Products, Leisure, Motion Pictures, Entertainment, Conglomerate Manufacturing, Chemicals, Telecommunications, Aerospace and Defense, and others. Its investment activities are carried across the United States.
Executives
Rachael Z. Easton officer: Chief Financial Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Dullum David A R officer: President C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Walter H Wilkinson director C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409
Paula Novara director 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Jennifer A Smith officer: Chief Valuation Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Terry Lee Brubaker director, officer: COO C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Julia Ryan officer: Chief Financial Officer 1521 WESTBRANCH DRIVE, SUITE 100, MCLEAN VA 22102
Michael Licalsi other: Affiliate of External Advisor 1521 WESTBRANCH DR., MCLEAN VA 22102
David Gladstone director, officer: CEO 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Caren D Merrick director 1521 WESTBRANCH, SUITE 100, MCLEAN VA 22102
David Hibbert Watson officer: CFO C/O ARGAN, INC., ONE CHURCH STREET, SUITE 201, ROCKVILLE MD 20850
Terry Earhart director 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Paul W Adelgren director C/O GLADSTONE CAPITAL CORP, 1521 WESTBRANCH DRIVE SUITE 200, MCLEAN VA 22102
Melissa Morrison other: Affiliate of External Adviser 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102
Gerard Mead director 1521 WESTBRANCH DRIVE, SUITE 200, MCLEAN VA 22102