WAM Microcap (ASX:WMI) Price-to-Tangible-Book : 1.08 (As of May. 17, 2024)

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What is WAM Microcap Price-to-Tangible-Book?

As of today (2024-05-17), WAM Microcap's share price is A$1.405. WAM Microcap's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$1.30. Hence, WAM Microcap's Price to Tangible Book Ratio of today is 1.08.

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

ASX:WMI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.95 Med: 1.11 Max: 1.27
Current: 1.08

During the past 5 years, WAM Microcap's highest Price to Tangible Book Ratio was 1.27. The lowest was 0.95. And the median was 1.11.

ASX:WMI's Price-to-Tangible-Book is ranked worse than
74.21% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs ASX:WMI: 1.08

A closely related ratio is called PB Ratio. As of today, WAM Microcap's share price is A$1.405. WAM Microcap's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.30. Hence, WAM Microcap's P/B Ratio of today is 1.08.

WAM Microcap Price-to-Tangible-Book Historical Data

The historical data trend for WAM Microcap'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.

WAM Microcap Price-to-Tangible-Book Chart

WAM Microcap Annual Data

Trend

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

0.95

1.15

1.27

1.08

WAM Microcap Semi-Annual Data
	Dec17	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial							1.16	1.27	1.15	1.08	1.08

Competitive Comparison of WAM Microcap's Price-to-Tangible-Book

For the Asset Management subindustry, WAM Microcap'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.

WAM Microcap's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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

WAM Microcap Price-to-Tangible-Book Calculation

WAM Microcap's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.405	/	1.301
	=	1.08

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.

WAM Microcap Price-to-Tangible-Book Related Terms

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

WAM Microcap (ASX:WMI) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

N/A

Address

Level 26, Governor Phillip Tower, 1 Farrer Place, Sydney, NSW, AUS, 2000

Website

https://www.wilsonassetmanagement.com.au

WAM Microcap Ltd is an asset management company based in Australia. The company engages in investing activities, including cash, term deposits and equity investments. The principal activity of the Company is making investments in listed companies. Its investment objectives are to deliver a stream of fully franked dividends; to provide capital growth, and to preserve capital.

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