GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kayne Anderson Energy Development Co (NYSE:KED) » Definitions » Price-to-Tangible-Book

Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Price-to-Tangible-Book : 1.03 (As of Apr. 25, 2024)


View and export this data going back to 2006. Start your Free Trial

What is Kayne Anderson Energy Development Co Price-to-Tangible-Book?

As of today (2024-04-25), Kayne Anderson Energy Development Co's share price is $18.45. Kayne Anderson Energy Development Co's Tangible Book per Share of May. 2018 for the quarter that ended in May. 2018 was $17.87. Hence, Kayne Anderson Energy Development Co's Price to Tangible Book Ratio of today is 1.03.

The historical rank and industry rank for Kayne Anderson Energy Development Co's Price-to-Tangible-Book or its related term are showing as below:

KED' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6   Med: 0.96   Max: 1.09
Current: 1

During the past 12 years, Kayne Anderson Energy Development Co's highest Price to Tangible Book Ratio was 1.09. The lowest was 0.60. And the median was 0.96.

KED's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.93 vs KED: 1.00

A closely related ratio is called PB Ratio. As of today, Kayne Anderson Energy Development Co's share price is $18.45. Kayne Anderson Energy Development Co's Book Value per Sharefor the quarter that ended in May. 2018 was $17.87. Hence, Kayne Anderson Energy Development Co's P/B Ratio of today is 1.03.


Kayne Anderson Energy Development Co Price-to-Tangible-Book Historical Data

The historical data trend for Kayne Anderson Energy Development Co'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.

Kayne Anderson Energy Development Co Price-to-Tangible-Book Chart

Kayne Anderson Energy Development Co Annual Data
Trend Nov08 Nov09 Nov10 Nov11 Nov12 Nov13 Nov14 Nov15 Nov16 Nov17
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 1.06 0.92 1.02 -

Kayne Anderson Energy Development Co Semi-Annual Data
May08 Nov08 May09 Nov09 May10 Nov10 Nov11 May12 Nov12 May13 Nov13 May14 Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18
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 1.02 1.00 - -

Competitive Comparison of Kayne Anderson Energy Development Co's Price-to-Tangible-Book

For the Asset Management subindustry, Kayne Anderson Energy Development Co'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.


Kayne Anderson Energy Development Co's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Kayne Anderson Energy Development Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Kayne Anderson Energy Development Co's Price-to-Tangible-Book falls into.



Kayne Anderson Energy Development Co Price-to-Tangible-Book Calculation

Kayne Anderson Energy Development Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: May. 2018 )
=18.45/17.873
=1.03

* 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.


Kayne Anderson Energy Development Co Price-to-Tangible-Book Related Terms

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


Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Business Description

Traded in Other Exchanges
N/A
Address
Kayne Anderson Energy Development Co is a non-diversified, closed-end fund. Its objective is to generate current income and capital appreciation through equity and debt investments. The fund seeks to achieve this objective by investing at least 80% of its total assets in securities of Energy companies. A key focus area for the company's investments is equity and debt investments in private and public entities structured as Ltd partnerships. In addition, it also owns equity and debt investments in Upstream, Midstream and Other Energy companies. Geographically all the operation is functioned through the region of US.
Executives
Richard A Kayne 10 percent owner, other: CEO of Member/Manager of IA
William R Cordes director 17237 HOWARD PLAZA, OMAHA NE 68118
Alan Boswell officer: VICE PRESIDENT 811 MAIN STREET, 14TH FLOOR, HOUSTON TX 77002
Terry A Hart officer: Treasurer and CFO 1000 LOUISIANA STREET SUITE 5800, HOUSTON TX 77002
Prudential Insurance Co Of America 10 percent owner 751 BROAD STREET, NEWARK NJ 07102
Prudential Financial Inc 10 percent owner 751 BROAD ST, NEWARK NJ 07102
James C Baker officer: Vice President C/O KAYNE ANDERSON CAPITAL ADVISORS, L.P, 1800 AVENUE OF THE STARS, THIRD FLOOR, LOS ANGELES CA 90067
Jody Meraz officer: Vice President 717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Ka Holdings Inc 10 percent owner, other: Affiliate / Investment Adviser 1800 AVENUE OF THE STARS, 2ND FLOOR, LOS ANGELES CA 90067
Kevin S Mccarthy director, officer: President, CEO, Chairman C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
John Daley other: Investment Adviser CFO C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
John Anderson 10 percent owner, other: Affiliate / Investment Adviser C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
Robert Sinnott director C/O KAYNE ANDERSON CAPITAL ADVISORS, LP, 1800 AVENUE OF THE STARS, SECOND FLOOR, LOS ANGELES CA 90067
William L Thacker director 94 WEDGEWOOD DR. W., MONTGOMERY TX 77366
Barry R Pearl director P.O. BOX 2521, HOUSTON TX 77252-2521

Kayne Anderson Energy Development Co (Kayne Anderson Energy Development Co) Headlines

From GuruFocus