Pacific Current Group (Pacific Current Group) Price-to-Tangible-Book

: 1.10 (As of Today)

View and export this data going back to 2010. Start your Free Trial

As of today (2024-04-19), Pacific Current Group's share price is $6.75. Pacific Current Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.16. Hence, Pacific Current Group's Price to Tangible Book Ratio of today is 1.10.

The historical rank and industry rank for Pacific Current Group's Price-to-Tangible-Book or its related term are showing as below:

TSRUF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6 Med: 0.92 Max: 3.46
Current: 1.16

During the past 13 years, Pacific Current Group's highest Price to Tangible Book Ratio was 3.46. The lowest was 0.60. And the median was 0.92.

TSRUF's Price-to-Tangible-Book is ranked worse than
73.85% of 1625 companies
in the Asset Management industry
Industry Median: 0.93 vs TSRUF: 1.16

A closely related ratio is called PB Ratio. As of today, Pacific Current Group's share price is $6.75. Pacific Current Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $6.47. Hence, Pacific Current Group's P/B Ratio of today is 1.04.

Pacific Current Group Price-to-Tangible-Book Historical Data

The historical data trend for Pacific Current Group'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.

Pacific Current Group Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

0.81

0.79

0.84

0.82

0.81

Pacific Current Group Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book																0.76	0.82	0.83	0.81	0.93

Competitive Comparison

For the Asset Management subindustry, Pacific Current Group'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.

Pacific Current Group Price-to-Tangible-Book Distribution

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

* The bar in red indicates where Pacific Current Group's Price-to-Tangible-Book falls into.

Pacific Current Group Price-to-Tangible-Book Calculation

Pacific Current Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	6.75	/	6.16
	=	1.10

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.

Pacific Current Group Price-to-Tangible-Book Related Terms

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

Pacific Current Group (Pacific Current Group) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Pacific Current Group Ltd (OTCPK:TSRUF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

PAC:Australia

Address

257 Collins Street, Suite 3, Level 3, Melbourne, VIC, AUS, 3000

Website

https://www.paccurrent.com

Pacific Current Group Ltd invests capital in and provides a range of services to boutique funds-management companies. The company and its controlled entities invest in asset managers, private advisory, placement, and private equity firms. It provides distribution, management, and financing services. The company reports its segments based on its annual returns. Its segments include Tier 1 boutiques and Tier 2 boutiques. Pacific Current Group has investments in more than 15 boutique funds-management businesses. It geographically operates in USA, Australia, UK and Luxembourg. It generates its maximum revenue from USA.

Pacific Current Group (Pacific Current Group) Headlines

From GuruFocus

Pacific Current, Kudu Invest in Pennybacker Capital Management

By PRNewswire PRNewswire • 12-16-2019