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abrdn New Dawn Investment Trust (abrdn New Dawn Investment Trust) Price-to-Tangible-Book : 0.73 (As of Apr. 26, 2024)


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What is abrdn New Dawn Investment Trust Price-to-Tangible-Book?

As of today (2024-04-26), abrdn New Dawn Investment Trust's share price is $2.52. abrdn New Dawn Investment Trust's Tangible Book per Share of Apr. 2023 for the quarter that ended in Apr. 2023 was $3.46. Hence, abrdn New Dawn Investment Trust's Price to Tangible Book Ratio of today is 0.73.

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

ABDTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.76   Med: 0.87   Max: 0.89
Current: 0.89

During the past 13 years, abrdn New Dawn Investment Trust's highest Price to Tangible Book Ratio was 0.89. The lowest was 0.76. And the median was 0.87.

ABDTF's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.93 vs ABDTF: 0.89

A closely related ratio is called PB Ratio. As of today, abrdn New Dawn Investment Trust's share price is $2.52. abrdn New Dawn Investment Trust's Book Value per Sharefor the quarter that ended in Apr. 2023 was $3.46. Hence, abrdn New Dawn Investment Trust's P/B Ratio of today is 0.73.


abrdn New Dawn Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for abrdn New Dawn Investment 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.

abrdn New Dawn Investment Trust Price-to-Tangible-Book Chart

abrdn New Dawn Investment Trust Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Price-to-Tangible-Book
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abrdn New Dawn Investment Trust Semi-Annual Data
Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23
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Competitive Comparison of abrdn New Dawn Investment Trust's Price-to-Tangible-Book

For the Asset Management subindustry, abrdn New Dawn Investment 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.


abrdn New Dawn Investment Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where abrdn New Dawn Investment Trust's Price-to-Tangible-Book falls into.



abrdn New Dawn Investment Trust Price-to-Tangible-Book Calculation

abrdn New Dawn Investment Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Apr. 2023 )
=2.52/3.463
=0.73

* 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.


abrdn New Dawn Investment Trust Price-to-Tangible-Book Related Terms

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abrdn New Dawn Investment Trust (abrdn New Dawn Investment Trust) Business Description

Traded in Other Exchanges
N/A
Address
280 Bishopsgate, London, GBR, EC2M 4AG
abrdn New Dawn Investment Trust PLC is a closed-end investment company. The company's investment objective is to provide shareholders with a high level of capital growth through equity investment in the Asia Pacific countries excluding Japan. Geographically, it has a presence in China, Hong Kong, India, Singapore, Australia, South Korea, Taiwan, Indonesia, Philippines, Thailand, Vietnam, Sri Lanka, Malaysia, New Zealand, Myanmar, and Other Asia. It invests in various sectors, some of which include Aerospace and Defence, Automobiles, Banks, Biotechnology, Capital Markets, Chemicals, and others.

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