Albion Venture Capital Trust (LSE:AAVC) Price-to-Tangible-Book : 0.91 (As of Apr. 29, 2024)

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What is Albion Venture Capital Trust Price-to-Tangible-Book?

As of today (2024-04-29), Albion Venture Capital Trust's share price is £0.432. Albion Venture Capital Trust's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £0.48. Hence, Albion Venture Capital Trust's Price to Tangible Book Ratio of today is 0.91.

The historical rank and industry rank for Albion Venture Capital Trust's Price-to-Tangible-Book or its related term are showing as below:

LSE:AAVC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9 Med: 0.93 Max: 1.04
Current: 0.9

During the past 13 years, Albion Venture Capital Trust's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.90. And the median was 0.93.

LSE:AAVC's Price-to-Tangible-Book is ranked better than
60.2% of 1623 companies
in the Asset Management industry
Industry Median: 0.94 vs LSE:AAVC: 0.90

A closely related ratio is called PB Ratio. As of today, Albion Venture Capital Trust's share price is £0.432. Albion Venture Capital Trust's Book Value per Sharefor the quarter that ended in Sep. 2023 was £0.48. Hence, Albion Venture Capital Trust's P/B Ratio of today is 0.91.

Albion Venture Capital Trust Price-to-Tangible-Book Historical Data

The historical data trend for Albion Venture Capital 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.

Albion Venture Capital Trust Price-to-Tangible-Book Chart

Albion Venture Capital Trust Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.93

1.02

0.94

0.92

0.94

Albion Venture Capital Trust Semi-Annual Data
	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.93	0.92	0.93	0.94	0.99

Competitive Comparison of Albion Venture Capital Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Albion Venture Capital 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.

Albion Venture Capital Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Albion Venture Capital Trust's Price-to-Tangible-Book falls into.

Albion Venture Capital Trust Price-to-Tangible-Book Calculation

Albion Venture Capital Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.432	/	0.475
	=	0.91

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.

Albion Venture Capital Trust Price-to-Tangible-Book Related Terms

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

Albion Venture Capital Trust (LSE:AAVC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Albion Venture Capital Trust PLC (LSE:AAVC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Benjamin Street, London, GBR, EC1M 5QL

Website

https://www.albion.capital

Albion Venture Capital Trust PLC is a UK-based venture capital trust. The principal activity of the company is to select and hold a portfolio of investments in unquoted securities. Its investment objectives are to manage the risk normally associated with investments in smaller unquoted companies while maintaining an attractive yield, by allowing investors to participate in a balanced portfolio of asset-backed businesses. The firm invests in various sectors, including healthcare, renewable energy, education, Business services, Growth and technology, Cash and cash equivalents, and Hotels. Its investments are normally structured as a mixture of equity and loan stock. Loan stock represents the majority of the finance provided and is secured on the assets of the portfolio company.

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