Global Value Fund (ASX:GVF) Price-to-Tangible-Book : 1.00 (As of May. 15, 2024)

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What is Global Value Fund Price-to-Tangible-Book?

As of today (2024-05-15), Global Value Fund's share price is A$1.18. Global Value Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$1.18. Hence, Global Value Fund's Price to Tangible Book Ratio of today is 1.00.

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

ASX:GVF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.85 Med: 0.99 Max: 1.07
Current: 1

During the past 9 years, Global Value Fund's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.85. And the median was 0.99.

ASX:GVF's Price-to-Tangible-Book is ranked worse than
59.79% of 1624 companies
in the Asset Management industry
Industry Median: 0.96 vs ASX:GVF: 1.00

A closely related ratio is called PB Ratio. As of today, Global Value Fund's share price is A$1.18. Global Value Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.18. Hence, Global Value Fund's P/B Ratio of today is 1.00.

Global Value Fund Price-to-Tangible-Book Historical Data

The historical data trend for Global Value Fund'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.

Global Value Fund Price-to-Tangible-Book Chart

Global Value Fund Annual Data

Trend

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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0.92

0.99

0.97

Global Value Fund Semi-Annual Data
	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														1.01	0.99	0.98	0.97	0.98

Competitive Comparison of Global Value Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Global Value Fund'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.

Global Value Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Global Value Fund's Price-to-Tangible-Book falls into.

Global Value Fund Price-to-Tangible-Book Calculation

Global Value Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.18	/	1.178
	=	1.00

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.

Global Value Fund Price-to-Tangible-Book Related Terms

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

Global Value Fund (ASX:GVF) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Global Value Fund Ltd (ASX:GVF) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

C/- Mertons Corporate Services Pty Ltd, 330 Collins Street, Level 7, Melbourne, VIC, AUS, 3000

Website

https://www.globalvaluefund.com.au

Global Value Fund Ltd is an Australia-based investment company. It is engaged in providing investors with the opportunity to invest in global financial markets through a constructed portfolio of financial assets trading at a discount to their underlying value. The company is engaged solely in investment activities, deriving revenue from dividend income, interest income and from the sale of its investments. It invests in the public equity markets across the globe and closed-ended funds.

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