Kayne Anderson NextGen Energy and Infrastructure (Kayne Anderson NextGen Energy and Infrastructure) Price-to-Tangible-Book : 0.82 (As of Apr. 26, 2024)

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What is Kayne Anderson NextGen Energy and Infrastructure Price-to-Tangible-Book?

As of today (2024-04-26), Kayne Anderson NextGen Energy and Infrastructure's share price is $6.715. Kayne Anderson NextGen Energy and Infrastructure's Tangible Book per Share of May. 2023 for the quarter that ended in May. 2023 was $8.24. Hence, Kayne Anderson NextGen Energy and Infrastructure's Price to Tangible Book Ratio of today is 0.82.

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

KMF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.75 Med: 0.82 Max: 0.94
Current: 0.81

During the past 6 years, Kayne Anderson NextGen Energy and Infrastructure's highest Price to Tangible Book Ratio was 0.94. The lowest was 0.75. And the median was 0.82.

KMF's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.93 vs KMF: 0.81

A closely related ratio is called PB Ratio. As of today, Kayne Anderson NextGen Energy and Infrastructure's share price is $6.715. Kayne Anderson NextGen Energy and Infrastructure's Book Value per Sharefor the quarter that ended in May. 2023 was $8.24. Hence, Kayne Anderson NextGen Energy and Infrastructure's P/B Ratio of today is 0.82.

Kayne Anderson NextGen Energy and Infrastructure Price-to-Tangible-Book Historical Data

The historical data trend for Kayne Anderson NextGen Energy and Infrastructure'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 NextGen Energy and Infrastructure Price-to-Tangible-Book Chart

Kayne Anderson NextGen Energy and Infrastructure Annual Data

Trend

Nov17

Nov18

Nov19

Nov20

Nov21

Nov22

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.87

0.85

0.75

0.81

0.82

Kayne Anderson NextGen Energy and Infrastructure Semi-Annual Data
	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23
Price-to-Tangible-Book	Get a 7-Day Free Trial							0.82	0.81	0.82	0.82	0.82

Competitive Comparison of Kayne Anderson NextGen Energy and Infrastructure's Price-to-Tangible-Book

For the Asset Management subindustry, Kayne Anderson NextGen Energy and Infrastructure'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 NextGen Energy and Infrastructure's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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

Kayne Anderson NextGen Energy and Infrastructure Price-to-Tangible-Book Calculation

Kayne Anderson NextGen Energy and Infrastructure's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: May. 2023 )
	=	6.715	/	8.239
	=	0.82

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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 NextGen Energy and Infrastructure Price-to-Tangible-Book Related Terms

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

Kayne Anderson NextGen Energy and Infrastructure (Kayne Anderson NextGen Energy and Infrastructure) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kayne Anderson NextGen Energy and Infrastructure Inc (NYSE:KMF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

811 Main Street, 14th Floor, Houston, TX, USA, 77002

Website

https://www.kaynefunds.com

Kayne Anderson NextGen Energy and Infrastructure Inc is a non-diversified, closed-end fund. The company's investment objective is to provide a high level of total return with an emphasis on making cash distributions to the stockholders. The company seeks to achieve its investment objective by investing at least 80% of the total assets in the securities of Energy Companies and Infrastructure Companies. It invests in public MLPs, midstream C-corporations, and energy-related debt.

Executives

Metlife Investment Management, Llc	10 percent owner	ONE METLIFE WAY, WHIPPANY NJ 07981
James C Baker	officer: Exective Vice President	C/O KAYNE ANDERSON CAPITAL ADVISORS, L.P, 1800 AVENUE OF THE STARS, THIRD FLOOR, LOS ANGELES CA 90067
Carita Walker	director	2519 PANORAMA TER, LOS ANGELES CA 90039
Caroline Ann Winn	director	14914 VALLE DEL SUR COURT, SAN DIEGO CA 92127
Parker Austin Colby	officer: Chief Financial Officer	811 MAIN STREET, 14TH FLOOR, HOUSTON TX 77002
Principal Life Insurance Co	10 percent owner	711 HIGH STREET, DES MOINES IA 50392-0300
United Of Omaha Life Insurance Co	10 percent owner	MUTUAL OF OMAHA PLZ 3RD FLOOR LAW, ATTN: JAN BROCKMAN, OMAHA NE 68175-1008
Michael J Levitt	director	KAYNE ANDERSON CAPITAL ADVISORS, L.P., 1800 AVENUE OF THE STARS, 3RD FLOOR, LOS ANGELES CA 90067
Albert L Richey	director	3718 ARNOLD, HOUSTON TX 77005
Richard A Kayne	other: SEE NOTES (1) AND (2)
Anne K Costin	director	C/O KAYNE ANDERSON CAPITAL ADVISORS LP, 1800 AVENUE OF THE STARS, LOS ANGELES CA 90067
David J Shladovsky	officer: SEC. & GC OF INV. ADVISOR	C/O KAYNE ANDERSON CAPITAL ADVISORS LP, 1800 AVENUE OF THE STARS, LOS ANGELES CA 90067
Jody Meraz	officer: VICE PRESIDENT	717 TEXAS AVENUE, SUITE 3100, HOUSTON TX 77002
Mutual Of Omaha Insurance Co	10 percent owner	3300 MUTUAL OF OMAHA PLAZA, OMAHA NE 68175
John C Frey	officer: EVP, ASST. SEC. & TREAS	C/O KAYNE ANDERSON CAPITAL ADVISORS LP, 1800 AVENUE OF THE STARS, LOS ANGELES CA 90067