Cordish Dixon Private Equity Fund III (ASX:CD3) Price-to-Tangible-Book : 0.69 (As of May. 27, 2024)

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What is Cordish Dixon Private Equity Fund III Price-to-Tangible-Book?

As of today (2024-05-27), Cordish Dixon Private Equity Fund III's share price is A$1.40. Cordish Dixon Private Equity Fund III's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was A$2.03. Hence, Cordish Dixon Private Equity Fund III's Price to Tangible Book Ratio of today is 0.69.

The historical rank and industry rank for Cordish Dixon Private Equity Fund III's Price-to-Tangible-Book or its related term are showing as below:

ASX:CD3' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.38 Med: 0.65 Max: 0.83
Current: 0.69

During the past 6 years, Cordish Dixon Private Equity Fund III's highest Price to Tangible Book Ratio was 0.83. The lowest was 0.38. And the median was 0.65.

ASX:CD3's Price-to-Tangible-Book is ranked better than
82.01% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs ASX:CD3: 0.69

A closely related ratio is called PB Ratio. As of today, Cordish Dixon Private Equity Fund III's share price is A$1.40. Cordish Dixon Private Equity Fund III's Book Value per Sharefor the quarter that ended in Sep. 2023 was A$2.03. Hence, Cordish Dixon Private Equity Fund III's P/B Ratio of today is 0.69.

Cordish Dixon Private Equity Fund III Price-to-Tangible-Book Historical Data

The historical data trend for Cordish Dixon Private Equity Fund III'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.

Cordish Dixon Private Equity Fund III Price-to-Tangible-Book Chart

Cordish Dixon Private Equity Fund III Annual Data

Trend

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.38

0.46

0.69

0.65

Cordish Dixon Private Equity Fund III Semi-Annual Data
	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial								0.73	0.69	0.60	0.65	0.74

Competitive Comparison of Cordish Dixon Private Equity Fund III's Price-to-Tangible-Book

For the Asset Management subindustry, Cordish Dixon Private Equity Fund III'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.

Cordish Dixon Private Equity Fund III's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Cordish Dixon Private Equity Fund III's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Cordish Dixon Private Equity Fund III's Price-to-Tangible-Book falls into.

Cordish Dixon Private Equity Fund III Price-to-Tangible-Book Calculation

Cordish Dixon Private Equity Fund III's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	1.40	/	2.031
	=	0.69

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

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Cordish Dixon Private Equity Fund III Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Cordish Dixon Private Equity Fund III's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Cordish Dixon Private Equity Fund III (ASX:CD3) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Cordish Dixon Private Equity Fund III (ASX:CD3) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 32, 1 O’Connell Street, Sydney, NSW, AUS, 2000

Website

https://www.cdfunds.com.au

Cordish Dixon Private Equity Fund III is engaged in investments in small-to-mid-sized private investment funds and privately held companies predominantly focused in the United States, to achieve capital growth over a five to ten-year investment horizon. It invests in various industries such as Software and Technology, Business Services, Consumer Products and Services, Distribution, Healthcare, and others.

Cordish Dixon Private Equity Fund III (ASX:CD3) Headlines

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