Asia Dragon Trust (LSE:DGN) PB Ratio : 0.97 (As of May. 12, 2024)

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What is Asia Dragon 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 (2024-05-12), Asia Dragon Trust's share price is £4.09. Asia Dragon Trust's Book Value per Share for the quarter that ended in Feb. 2024 was £4.20. Hence, Asia Dragon Trust's PB Ratio of today is 0.97.

The historical rank and industry rank for Asia Dragon Trust's PB Ratio or its related term are showing as below:

LSE:DGN' s PB Ratio Range Over the Past 10 Years
Min: 0.67 Med: 0.89 Max: 1.25
Current: 0.97

During the past 13 years, Asia Dragon Trust's highest PB Ratio was 1.25. The lowest was 0.67. And the median was 0.89.

LSE:DGN's PB Ratio is ranked worse than
55.54% of 1689 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:DGN: 0.97

During the past 12 months, Asia Dragon Trust's average Book Value Per Share Growth Rate was -10.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Asia Dragon Trust was 24.40% per year. The lowest was -3.90% per year. And the median was 10.40% per year.

Back to Basics: PB Ratio

Asia Dragon Trust PB Ratio Historical Data

The historical data trend for Asia Dragon 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.

Asia Dragon Trust PB Ratio Chart

Asia Dragon Trust Annual Data

Trend

Aug14

Aug15

Aug16

Aug17

Aug18

Aug19

Aug20

Aug21

Aug22

Aug23

PB Ratio

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0.88

0.90

0.87

0.84

Asia Dragon Trust Semi-Annual Data
	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Aug23	Feb24
PB Ratio	Get a 7-Day Free Trial															0.92	0.87	0.87	0.84	0.84

Competitive Comparison of Asia Dragon Trust's PB Ratio

For the Asset Management subindustry, Asia Dragon 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.

Asia Dragon Trust's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Asia Dragon Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Asia Dragon Trust's PB Ratio falls into.

Asia Dragon 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.

Asia Dragon Trust's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Feb. 2024)
	=	4.09	/	4.204
	=	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.

Asia Dragon Trust (LSE:DGN) 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.

Asia Dragon Trust PB Ratio Related Terms

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Asia Dragon Trust (LSE:DGN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Asia Dragon Trust PLC (LSE:DGN) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

DGNl:UK

Address

1 George Street, Edinburgh, GBR, EH2 2LL

Website

https://www.asiadragontrust.co.uk

Asia Dragon Trust PLC is an investment trust located in the United Kingdom. The company's primary objective is to achieve long-term capital growth through investment in the Far East with the exception of Japan and Australasia. Its investments are in stock market principally in large companies whose shares are considered to be attractively priced. The company focuses on diversified investments in various sectors such as Aerospace & Defence, Banks, Automobiles, Construction Materials, Industrial Conglomerates, Real Estate Management & Development, Wireless Telecommunication Services and others. It measures the performance of its portfolio against MSCI All Country Asia (ex-Japan) Index.

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