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Virtus Investment Partners (Virtus Investment Partners) Price-to-Tangible-Book

: 47.33 (As of Today)
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As of today (2024-04-23), Virtus Investment Partners's share price is $231.78. Virtus Investment Partners's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $4.90. Hence, Virtus Investment Partners's Price to Tangible Book Ratio of today is 47.33.

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

VRTS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.14   Med: 11.71   Max: 146.93
Current: 47.3

During the past 13 years, Virtus Investment Partners's highest Price to Tangible Book Ratio was 146.93. The lowest was 2.14. And the median was 11.71.

VRTS's Price-to-Tangible-Book is ranked worse than
99.82% of 1623 companies
in the Asset Management industry
Industry Median: 0.93 vs VRTS: 47.30

A closely related ratio is called PB Ratio. As of today, Virtus Investment Partners's share price is $231.78. Virtus Investment Partners's Book Value per Sharefor the quarter that ended in Dec. 2023 was $121.89. Hence, Virtus Investment Partners's P/B Ratio of today is 1.90.


Virtus Investment Partners Price-to-Tangible-Book Historical Data

The historical data trend for Virtus Investment Partners'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.

Virtus Investment Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 11.71 - 53.56 49.37

Virtus Investment Partners 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 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 Premium Member Only Premium Member Only Premium Member Only 53.56 22.77 - 114.51 49.37

Competitive Comparison

For the Asset Management subindustry, Virtus Investment Partners'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.


Virtus Investment Partners Price-to-Tangible-Book Distribution

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

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



Virtus Investment Partners Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=231.78/4.897
=47.33

* 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.


Virtus Investment Partners Price-to-Tangible-Book Related Terms

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


Virtus Investment Partners (Virtus Investment Partners) Business Description

Traded in Other Exchanges
N/A
Address
One Financial Plaza, Hartford, CT, USA, 06103
Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of the US and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.
Executives
W Howard Morris director 1538 STRATHCONA, DETROIT MI 48203
Mardelle W Pena officer: EVP, Human Resources C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Barry M. Mandinach officer: EVP, Head of Distribution 1285 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Bradley William Patrick Iii officer: EVP, Fund Services C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Stephen T Zarrilli director FIBERLINK COMMUNICATIONS CORP., 794 PENLLYN PIKE, BLUE BELL PA 19422
Richard W Smirl officer: EVP & Chief Operating Officer C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
Francis G Waltman officer: EVP, Product Management C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Mark C Treanor director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Peter L Bain director LEGG MASON INC, 100 LIGHT ST, BALTIMORE MD 21202
Paul G Greig director III CASCADE PLAZA, AKRON OH 44308
Wendy J Hills officer: EVP, CLO & General Counsel 6300 LAMAR AVENUE, OVERLAND PARK KS 66202
James R Baio director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Timothy A Holt director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Melody L Jones director T ROWE PRICE GROUP INC, 100 E PRATT ST, BALTIMORE MD 21202
Susan S. Fleming director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103