SELECT * FROM `stock_list` WHERE `symbol` = "WEA" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1
SELECT * FROM `stock_list` where symbol='WEA' AND exchange = 'NYSE' limit 0,1
SELECT * FROM `stock_list` WHERE `symbol` = "WEA" and stock_list.exchange IN (SELECT exchange FROM gurufocu_main.stock_list_exchanges where country='USA' and active=1) limit 0,1 WEA (Western Asset Premier Bond Fund) Price-to-Tangible-Boo
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Western Asset Premier Bond Fund (NYSE:WEA) » Definitions » Price-to-Tangible-Book

Western Asset Premier Bond Fund (Western Asset Premier Bond Fund) Price-to-Tangible-Book : 0.94 (As of May. 01, 2024)


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What is Western Asset Premier Bond Fund Price-to-Tangible-Book?

As of today (2024-05-01), Western Asset Premier Bond Fund's share price is $10.76. Western Asset Premier Bond Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $11.47. Hence, Western Asset Premier Bond Fund's Price to Tangible Book Ratio of today is 0.94.

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

WEA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.93   Med: 0.95   Max: 1
Current: 0.94

During the past 7 years, Western Asset Premier Bond Fund's highest Price to Tangible Book Ratio was 1.00. The lowest was 0.93. And the median was 0.95.

WEA's Price-to-Tangible-Book is ranked better than
52.96% of 1624 companies
in the Asset Management industry
Industry Median: 0.94 vs WEA: 0.94

A closely related ratio is called PB Ratio. As of today, Western Asset Premier Bond Fund's share price is $10.76. Western Asset Premier Bond Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11.47. Hence, Western Asset Premier Bond Fund's P/B Ratio of today is 0.94.


Western Asset Premier Bond Fund Price-to-Tangible-Book Historical Data

The historical data trend for Western Asset Premier 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.

Western Asset Premier Bond Fund Price-to-Tangible-Book Chart

Western Asset Premier Bond Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 1.00 0.95 1.00 0.95 0.94

Western Asset Premier Bond Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.93 0.95 0.91 0.94

Competitive Comparison of Western Asset Premier Bond Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Western Asset Premier 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.


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

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

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



Western Asset Premier Bond Fund Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=10.76/11.469
=0.94

* 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.


Western Asset Premier Bond Fund Price-to-Tangible-Book Related Terms

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


Western Asset Premier Bond Fund (Western Asset Premier Bond Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Premier Bond Fund is a diversified, closed-end management investment company. Its investment objective is to provide current income and capital appreciation by investing in a diversified portfolio of investment-grade bonds. The Fund invests in sectors, such as financials, energy, telecommunication services, consumer discretionary, healthcare, materials, information technology, and consumer staples.
Executives
Ronald L Olson director EDISON INTERNATIONAL, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Siart William E B director 266 TOYOPA DRIVE, PACIFIC PALISADES CA 90272
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Oliveira Marc De officer: Secretary / Chief LGL Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Jed A. Plafker other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Matthew Nicholls other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Investment Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Michael Larson director 2365 CARILLON POINT, KIRKLAND WA 98033
Susan B Kerley director 51 MADISON AVENUE, NEW YORK NY 10010
Jane F Dasher director KORSNAT PARTNERS, 283 GREENWICH AVE 3RD FL, GREENWICH CT 06830
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Peter J. Taylor director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Thomas C Merchant other: Director of Subadviser LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202