EQT Holdings (ASX:EQT) Price-to-Tangible-Book : 11.20 (As of Jun. 08, 2024)

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What is EQT Holdings Price-to-Tangible-Book?

As of today (2024-06-08), EQT Holdings's share price is A$32.52. EQT Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$2.90. Hence, EQT Holdings's Price to Tangible Book Ratio of today is 11.20.

The historical rank and industry rank for EQT Holdings's Price-to-Tangible-Book or its related term are showing as below:

ASX:EQT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.16 Med: 8.59 Max: 11.41
Current: 11.21

During the past 13 years, EQT Holdings's highest Price to Tangible Book Ratio was 11.41. The lowest was 2.16. And the median was 8.59.

ASX:EQT's Price-to-Tangible-Book is ranked worse than
97.83% of 1616 companies
in the Asset Management industry
Industry Median: 0.95 vs ASX:EQT: 11.21

A closely related ratio is called PB Ratio. As of today, EQT Holdings's share price is A$32.52. EQT Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$15.30. Hence, EQT Holdings's P/B Ratio of today is 2.13.

EQT Holdings Price-to-Tangible-Book Historical Data

The historical data trend for EQT Holdings'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.

EQT Holdings Price-to-Tangible-Book Chart

EQT Holdings Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

Get a 7-Day Free Trial

11.41

8.50

8.17

6.92

9.18

EQT Holdings Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															7.30	6.92	8.66	9.18	8.78

Competitive Comparison of EQT Holdings's Price-to-Tangible-Book

For the Asset Management subindustry, EQT Holdings'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.

EQT Holdings's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, EQT Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where EQT Holdings's Price-to-Tangible-Book falls into.

EQT Holdings Price-to-Tangible-Book Calculation

EQT Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	32.52	/	2.904
	=	11.20

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.

EQT Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of EQT Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

EQT Holdings (ASX:EQT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » EQT Holdings Ltd (ASX:EQT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

575 Bourke Street, Level 1, Melbourne, VIC, AUS, 3000

Website

https://www.eqt.com.au

EQT Holdings Ltd is an independent trustee and executor company. The company's operating segment includes Trustee and Wealth Services and SuperannuationTrustee Services. It generates maximum revenue from Trustee and Wealth Services. The Trustee & wealth Services segment provides a range of private client, philanthropic and superannuation services including estate planning and management; charitable, compensation, community and personal trust services, wealth management and advice. It has a presence in Australia, the United Kingdom, and Ireland.