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Central Gold-Trust (Central Gold-Trust) Price-to-Tangible-Book : 0.97 (As of May. 06, 2024)


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What is Central Gold-Trust Price-to-Tangible-Book?

As of today (2024-05-06), Central Gold-Trust's share price is $39.42. Central Gold-Trust's Tangible Book per Share of Sep. 2015 for the quarter that ended in Sep. 2015 was $40.82. Hence, Central Gold-Trust's Price to Tangible Book Ratio of today is 0.97.

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

GTU's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Central Gold-Trust's share price is $39.42. Central Gold-Trust's Book Value per Sharefor the quarter that ended in Sep. 2015 was $40.82. Hence, Central Gold-Trust's P/B Ratio of today is 0.97.


Central Gold-Trust Price-to-Tangible-Book Historical Data

The historical data trend for Central Gold-Trust'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.

Central Gold-Trust Price-to-Tangible-Book Chart

Central Gold-Trust Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.85 - - 0.93 0.92

Central Gold-Trust Quarterly Data
Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.92 0.92 0.95 0.97

Competitive Comparison of Central Gold-Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Central Gold-Trust'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.


Central Gold-Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Central Gold-Trust's Price-to-Tangible-Book falls into.



Central Gold-Trust Price-to-Tangible-Book Calculation

Central Gold-Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2015 )
=39.42/40.818
=0.97

* 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.

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

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.


Central Gold-Trust Price-to-Tangible-Book Related Terms

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


Central Gold-Trust (Central Gold-Trust) Business Description

Traded in Other Exchanges
N/A
Address
Central Gold-Trust was established on April 28, 2003 in Canada. It is a passive, self-governing, single purpose, closed-end trust. It was established to buy and hold substantially all of its assets in gold bullion. The objective of the Company is to provide a secure, convenient, low-cost, exchange-tradeable investment alternative for investors interested in holding gold bullion.

Central Gold-Trust (Central Gold-Trust) Headlines

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