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The Gabelli Global Small and Mid Cap Value Trust (The Gabelli Global Small and Mid Cap Value Trust) PB Ratio : 0.86 (As of May. 13, 2024)


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What is The Gabelli Global Small and Mid Cap Value Trust 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), The Gabelli Global Small and Mid Cap Value Trust's share price is $11.88. The Gabelli Global Small and Mid Cap Value Trust's Book Value per Share for the quarter that ended in Dec. 2023 was $13.89. Hence, The Gabelli Global Small and Mid Cap Value Trust's PB Ratio of today is 0.86.

The historical rank and industry rank for The Gabelli Global Small and Mid Cap Value Trust's PB Ratio or its related term are showing as below:

GGZ' s PB Ratio Range Over the Past 10 Years
Min: 0.44   Med: 0.85   Max: 1.12
Current: 0.86

During the past 7 years, The Gabelli Global Small and Mid Cap Value Trust's highest PB Ratio was 1.12. The lowest was 0.44. And the median was 0.85.

GGZ's PB Ratio is ranked better than
69.51% of 1689 companies
in the Asset Management industry
Industry Median: 0.95 vs GGZ: 0.86

During the past 12 months, The Gabelli Global Small and Mid Cap Value Trust's average Book Value Per Share Growth Rate was 4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.70% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of The Gabelli Global Small and Mid Cap Value Trust was 12.60% per year. The lowest was -2.90% per year. And the median was -0.10% per year.

Back to Basics: PB Ratio


The Gabelli Global Small and Mid Cap Value Trust PB Ratio Historical Data

The historical data trend for The Gabelli Global Small and Mid Cap Value Trust'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.

The Gabelli Global Small and Mid Cap Value Trust PB Ratio Chart

The Gabelli Global Small and Mid Cap Value Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 0.85 0.86 0.90 0.85 0.84

The Gabelli Global Small and Mid Cap Value Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.85 0.85 0.85 0.84

Competitive Comparison of The Gabelli Global Small and Mid Cap Value Trust's PB Ratio

For the Asset Management subindustry, The Gabelli Global Small and Mid Cap Value Trust'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.


The Gabelli Global Small and Mid Cap Value Trust's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, The Gabelli Global Small and Mid Cap Value Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where The Gabelli Global Small and Mid Cap Value Trust's PB Ratio falls into.



The Gabelli Global Small and Mid Cap Value Trust 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.

The Gabelli Global Small and Mid Cap Value Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=11.88/13.888
=0.86

* 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 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.


The Gabelli Global Small and Mid Cap Value Trust  (NYSE:GGZ) 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.


The Gabelli Global Small and Mid Cap Value Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of The Gabelli Global Small and Mid Cap Value Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


The Gabelli Global Small and Mid Cap Value Trust (The Gabelli Global Small and Mid Cap Value Trust) Business Description

Traded in Other Exchanges
N/A
Address
One Corporate Center, Rye, NY, USA, 10580-1422
The Gabelli Global Small and Mid Cap Value Trust is a diversified closed-end management investment company whose investment objective is long-term capital growth. It invests in equity securities such as common stock and preferred stock of companies.
Executives
Kevin V. Dreyer director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Birch director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Mario J Gabelli director, other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
James P Conn director
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Anthony S. Colavita director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Salvatore J Zizza director 810 SEVENTH AVE, 27TH FLOOR, NEW YORK NY 10019
Anthony J Colavita director ONE CORPORATE CENTER, RYE NY 10580