Virtus Artificial Intelligence & Technology Opportunities Fund PB Ratio : 0.97 (As of May. 13, 2024)

View and export this data going back to 1990. Start your Free Trial

What is Virtus Artificial Intelligence & Technology Opportunities Fund PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-05-13), Virtus Artificial Intelligence & Technology Opportunities Fund's share price is $19.90. Virtus Artificial Intelligence & Technology Opportunities Fund's Book Value per Share for the quarter that ended in Jan. 2024 was $20.61. Hence, Virtus Artificial Intelligence & Technology Opportunities Fund's PB Ratio of today is 0.97.

The historical rank and industry rank for Virtus Artificial Intelligence & Technology Opportunities Fund's PB Ratio or its related term are showing as below:

AIO' s PB Ratio Range Over the Past 10 Years
Min: 0.52 Med: 0.9 Max: 1.48
Current: 0.97

During the past 5 years, Virtus Artificial Intelligence & Technology Opportunities Fund's highest PB Ratio was 1.48. The lowest was 0.52. And the median was 0.90.

AIO's PB Ratio is ranked worse than
53.23% of 1689 companies
in the Asset Management industry
Industry Median: 0.95 vs AIO: 0.97

During the past 12 months, Virtus Artificial Intelligence & Technology Opportunities Fund's average Book Value Per Share Growth Rate was 3.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -11.00% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Virtus Artificial Intelligence & Technology Opportunities Fund was -11.00% per year. The lowest was -11.00% per year. And the median was -11.00% per year.

Back to Basics: PB Ratio

Virtus Artificial Intelligence & Technology Opportunities Fund PB Ratio Historical Data

The historical data trend for Virtus Artificial Intelligence & Technology Opportunities Fund's PB Ratio 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 Artificial Intelligence & Technology Opportunities Fund PB Ratio Chart

Virtus Artificial Intelligence & Technology Opportunities Fund Annual Data

Trend

Feb20

Feb21

Jan22

Jan23

Jan24

PB Ratio

0.89

0.94

0.98

0.87

0.91

Virtus Artificial Intelligence & Technology Opportunities Fund Semi-Annual Data
	Feb20	Aug20	Feb21	Aug21	Jul22	Jan23	Jul23	Jan24
PB Ratio	Get a 7-Day Free Trial			0.93	0.88	0.87	0.92	0.91

Competitive Comparison of Virtus Artificial Intelligence & Technology Opportunities Fund's PB Ratio

For the Asset Management subindustry, Virtus Artificial Intelligence & Technology Opportunities Fund's PB Ratio, along with its competitors' market caps and PB Ratio 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 Artificial Intelligence & Technology Opportunities Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Virtus Artificial Intelligence & Technology Opportunities Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Virtus Artificial Intelligence & Technology Opportunities Fund's PB Ratio falls into.

Virtus Artificial Intelligence & Technology Opportunities Fund PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Virtus Artificial Intelligence & Technology Opportunities Fund's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Jan. 2024)
	=	19.90	/	20.609
	=	0.97

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Virtus Artificial Intelligence & Technology Opportunities Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Virtus Artificial Intelligence & Technology Opportunities Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Virtus Artificial Intelligence & Technology Opportunities Fund Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus Artificial Intelligence & Technology Opportunities Fund (NYSE:AIO) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

101 Munson Street, Greenfield, MA, USA, 01301

Website

https://www.allianzinvestors.com

AllianzGI Artificial Intelligence & Technology Opportunities Fund is a newly organized, diversified, limited term closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income, current gains and long-term capital appreciation.

Executives

Mcdaniel Connie D	director	C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Donald C Burke	director	C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Geraldine M Mcnamara	director	150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
Voya Investment Management Co	other: Subadviser to the issuer	10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
Paul Zemsky	other: CIO-Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa	other: CIO-Subadviser to the issuer	800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christine Hurtsellers	other: CEO - Subadviser to the issuer	230 PARK AVENUE, NEW YORK NY 10169
R Keith Walton	director	100 PEARL STREET, HARTFORD CT 06103
Deborah A Decotis	director	1633 BROADWAY, NEW YORK NY 10019
Philip R Mcloughlin	director	800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
David J. Oberto	officer: Portfolio Manager	1633 BROADWAY, NEW YORK NY 10019
Sarah E Cogan	director	1633 BROADWAY, NEW YORK NY 10019
Brian T Zino	director	100 PARK AVENUE, NEW YORK NY 10017
George R Aylward	director, officer: President and CEO	C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
James S Macleod	director	250 E KILBOURN AVE, MILWAUKEE WI 53202