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abrdn Healthcare Investors (abrdn Healthcare Investors) Price-to-Tangible-Book : 0.86 (As of Apr. 30, 2024)


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What is abrdn Healthcare Investors Price-to-Tangible-Book?

As of today (2024-04-30), abrdn Healthcare Investors's share price is $16.18. abrdn Healthcare Investors's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $18.84. Hence, abrdn Healthcare Investors's Price to Tangible Book Ratio of today is 0.86.

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

HQH' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83   Med: 0.9   Max: 1
Current: 0.86

During the past 7 years, abrdn Healthcare Investors's highest Price to Tangible Book Ratio was 1.00. The lowest was 0.83. And the median was 0.90.

HQH's Price-to-Tangible-Book is ranked better than
68.88% of 1623 companies
in the Asset Management industry
Industry Median: 0.94 vs HQH: 0.86

A closely related ratio is called PB Ratio. As of today, abrdn Healthcare Investors's share price is $16.18. abrdn Healthcare Investors's Book Value per Sharefor the quarter that ended in Sep. 2023 was $18.84. Hence, abrdn Healthcare Investors's P/B Ratio of today is 0.86.


abrdn Healthcare Investors Price-to-Tangible-Book Historical Data

The historical data trend for abrdn Healthcare Investors'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.

abrdn Healthcare Investors Price-to-Tangible-Book Chart

abrdn Healthcare Investors Annual Data
Trend Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.90 0.86 1.00 0.89 0.83

abrdn Healthcare Investors 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.00 0.95 0.89 0.87 0.83

Competitive Comparison of abrdn Healthcare Investors's Price-to-Tangible-Book

For the Asset Management subindustry, abrdn Healthcare Investors'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.


abrdn Healthcare Investors's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where abrdn Healthcare Investors's Price-to-Tangible-Book falls into.



abrdn Healthcare Investors Price-to-Tangible-Book Calculation

abrdn Healthcare Investors's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=16.18/18.837
=0.86

* 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.


abrdn Healthcare Investors Price-to-Tangible-Book Related Terms

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


abrdn Healthcare Investors (abrdn Healthcare Investors) Business Description

Traded in Other Exchanges
N/A
Address
900 Market Street, Suite 200, Philadelphia, PA, USA, 19103
abrdn Healthcare Investors Formerly Tekla Healthcare Investors is the United States based non-diversified closed-end management investment company. Its objective is to seek long-term capital appreciation by investing in securities of healthcare companies. In addition, the fund seeks to provide regular distribution of realized capital gains. The fund invests in the securities of public and private companies.
Executives
Todd Reit director C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Bill Maher director 600 WEST BROADWAY, 30TH FL., SAN DIEGO CA 92101
Alan R Goodson officer: Vice President 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Rose Dimartino director C/O ABRDN, 1900 MARKET STREET, PHILADELPHIA PA 19103
James Joseph O'connor other: Director of Adviser C/O ABERDEEN STANDARD INVESTMENTS, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Marika Tooze other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Aberdeen Standard Investments Inc. other: Adviser 1900 MARKET ST., 2ND FLOOR, PHILADELPHIA PA 19103
Jaclyn Marie Matsick other: Director of Adviser C/O ABRDN, 1900 MARKET STREET, SUITE 200, PHILADELPHIA PA 19103
Lucia Sitar officer: VP and Chief Legal Officer 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer A Nichols other: Director of Adviser 1735 MARKET STREET, 37TH FLOOR, PHILADELPHIA PA 19103
Christian Pittard officer: President ONE BOW CHURCHYARD, LONDON X0 EC4M 9HH
Megan Kennedy officer: Secretary and Vice President 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Sharon Ferrari officer: Treasurer and CFO 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Joseph Andolina officer: Chief Compliance Officer & VP 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Stephen Bird director 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10022

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