Switch to:
First Trust Energy Income & Growth Fund (AMEX:FEN)
P/B Ratio
0.00 (As of Today)

As of today, First Trust Energy Income & Growth Fund's share price is $35.72. First Trust Energy Income & Growth Fund's Book Value per Share for the fiscal year that ended in 201311 was $32.92. Hence, First Trust Energy Income & Growth Fund's P/B Ratio of today is 0.00.

FEN' s 10-Year P/B Ratio Range
Min: 0   Max: 1.25
Current: 0

0
1.25

During the past 4 years, First Trust Energy Income & Growth Fund's highest P/B Ratio was 1.25. The lowest was 0.00. And the median was 1.09.

FEN's P/B Ratiois ranked lower than
100% of the Companies
in the Global industry.

( Industry Median: vs. FEN: 0.00 )

During the past 12 months, First Trust Energy Income & Growth Fund's average Book Value Per Share Growth Rate was 13.00% per year.


Definition

First Trust Energy Income & Growth Fund's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (A: 201311)
=35.72/32.92
=1.09

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

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

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


Explanation

Unlike valuation ratios relative to the earning power such as P/E ratio, P/S ratio or Price-to-Free-Cash-Flow ratio, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 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.


Related Terms

Book Value per Share, Market Cap, Total Equity, Preferred Stock, P/E ratio, P/S ratio, Price-to-Free-Cash-Flow ratio, Price-to-Tangible-Book Ratio


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

First Trust Energy Income & Growth Fund Annual Data

Nov10Nov11Nov12Nov13
pb 0.000.000.000.000.000.001.021.011.050.98

First Trust Energy Income & Growth Fund Semi-Annual Data

May10Nov10May11Nov11May12Nov12May13Nov13
pb 0.000.001.081.021.081.011.071.051.030.98
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)
Free 7-day Trial
FEEDBACK
Email Hide