Invesco Bond Fund (Invesco Bond Fund) Price-to-Tangible-Book : 0.96 (As of Apr. 30, 2024)

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What is Invesco Bond Fund Price-to-Tangible-Book?

As of today (2024-04-30), Invesco Bond Fund's share price is $15.21. Invesco Bond Fund's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was $15.87. Hence, Invesco Bond Fund's Price to Tangible Book Ratio of today is 0.96.

The historical rank and industry rank for Invesco Bond Fund's Price-to-Tangible-Book or its related term are showing as below:

VBF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92 Med: 0.94 Max: 1
Current: 0.96

During the past 6 years, Invesco Bond Fund's highest Price to Tangible Book Ratio was 1.00. The lowest was 0.92. And the median was 0.94.

VBF's Price-to-Tangible-Book is ranked worse than
53.67% of 1623 companies
in the Asset Management industry
Industry Median: 0.94 vs VBF: 0.96

A closely related ratio is called PB Ratio. As of today, Invesco Bond Fund's share price is $15.21. Invesco Bond Fund's Book Value per Sharefor the quarter that ended in Aug. 2023 was $15.87. Hence, Invesco Bond Fund's P/B Ratio of today is 0.96.

Invesco Bond Fund Price-to-Tangible-Book Historical Data

The historical data trend for Invesco Bond Fund'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.

Invesco Bond Fund Price-to-Tangible-Book Chart

Invesco Bond Fund Annual Data

Trend

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.94

0.93

0.95

0.94

1.00

Invesco Bond Fund Semi-Annual Data
	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23
Price-to-Tangible-Book	Get a 7-Day Free Trial								0.96	0.94	0.94	1.00	0.93

Competitive Comparison of Invesco Bond Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Invesco Bond Fund'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.

Invesco Bond Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Invesco Bond Fund's Price-to-Tangible-Book falls into.

Invesco Bond Fund Price-to-Tangible-Book Calculation

Invesco Bond Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Aug. 2023 )
	=	15.21	/	15.87
	=	0.96

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.

Invesco Bond Fund Price-to-Tangible-Book Related Terms

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

Invesco Bond Fund (Invesco Bond Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Bond Fund (NYSE:VBF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

1555 Peachtree Street N.E., Suite 1800, Atlanta, GA, USA, 30309

Website

https://www.invesco.com

Invesco Bond Fund is an independent investment management firm. Its investment objective is to seek interest income while conserving capital.

Executives

Glenn Eugene Brightman	officer: President & PEO	570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Tony Wong	director, officer: Senior Vice President	1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Stephanie Butcher	officer: Senior Vice President	1555 PEACHTREE ST. NE, ATLANTA GA 30309
Melanie Ringold	officer: SVP, CLO and Secretary	1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Todd Schomberg	other: Portfolio Manager	1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Mark William Gregson	officer: Chief Accounting Officer	1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron	officer: Chief Financial Officer	1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr	officer: Senior Officer & SVP	C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Matthew Brill	other: Portfolio Manager	1555 PEACHTREE STREET, SUITE 100, ATLANTA GA 30309
Adrien Deberghes	officer: Vice President,PFO & Treasurer	1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes	officer: SMD and CFO	780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Loren M Starr	director
Annette Lege	director, officer: CFO & CAO	1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Kevin M Carome	director
Todd F Kuehl	officer: Chief Compliance officer	1555 PEACHTREE STREET NE, ATLANTA GA 30309