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Voya Emerging Markets High Dividend Equity Fund (Voya Emerging Markets High Dividend Equity Fund) Price-to-Tangible-Book : 0.88 (As of May. 11, 2024)


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What is Voya Emerging Markets High Dividend Equity Fund Price-to-Tangible-Book?

As of today (2024-05-11), Voya Emerging Markets High Dividend Equity Fund's share price is $5.27. Voya Emerging Markets High Dividend Equity Fund's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $5.97. Hence, Voya Emerging Markets High Dividend Equity Fund's Price to Tangible Book Ratio of today is 0.88.

The historical rank and industry rank for Voya Emerging Markets High Dividend Equity Fund's Price-to-Tangible-Book or its related term are showing as below:

IHD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 0.92   Max: 0.95
Current: 0.88

During the past 7 years, Voya Emerging Markets High Dividend Equity Fund's highest Price to Tangible Book Ratio was 0.95. The lowest was 0.87. And the median was 0.92.

IHD's Price-to-Tangible-Book is ranked better than
66.93% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs IHD: 0.88

A closely related ratio is called PB Ratio. As of today, Voya Emerging Markets High Dividend Equity Fund's share price is $5.27. Voya Emerging Markets High Dividend Equity Fund's Book Value per Sharefor the quarter that ended in Feb. 2024 was $5.97. Hence, Voya Emerging Markets High Dividend Equity Fund's P/B Ratio of today is 0.88.


Voya Emerging Markets High Dividend Equity Fund Price-to-Tangible-Book Historical Data

The historical data trend for Voya Emerging Markets High Dividend Equity 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.

Voya Emerging Markets High Dividend Equity Fund Price-to-Tangible-Book Chart

Voya Emerging Markets High Dividend Equity Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.88 0.94 0.92 0.88 0.87

Voya Emerging Markets High Dividend Equity Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 0.92 0.88 0.88 0.86 0.87

Competitive Comparison of Voya Emerging Markets High Dividend Equity Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Voya Emerging Markets High Dividend Equity 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.


Voya Emerging Markets High Dividend Equity Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Emerging Markets High Dividend Equity Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Voya Emerging Markets High Dividend Equity Fund's Price-to-Tangible-Book falls into.



Voya Emerging Markets High Dividend Equity Fund Price-to-Tangible-Book Calculation

Voya Emerging Markets High Dividend Equity Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=5.27/5.969
=0.88

* 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.


Voya Emerging Markets High Dividend Equity Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Voya Emerging Markets High Dividend Equity Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Voya Emerging Markets High Dividend Equity Fund (Voya Emerging Markets High Dividend Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Emerging Markets High Dividend Equity Fund is a diversified closed-end management investment company. Its primary investment objective is to provide total return through a combination of current income, capital gains, and capital appreciation. It seeks to achieve its investment objectives by investing principally in a portfolio of equity securities, and issuers in emerging market countries. The Fund will also normally seek to secure gains and enhance the stability of returns over a market cycle by writing (selling) call options on selected exchange-traded funds (ETFs) and/or international, regional, or country indices of equity securities, and/or on equity securities.
Executives
Vincent J Costa other: Managing Director 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Paul Zemsky other: SMD, CIO 230 PARK AVENUE, NEW YORK NY 10169
Margaret Diorio officer: SVP, PM 230 PARK AVENUE, NEW YORK NY 10169
Steven Wetter officer: SVP, PM 230 PARK AVENUE, 14 FL, NEW YORK NY 10169
Mark Weber officer: Executive Vice President 230 PARK AVENUE, NEW YORK NY 10169
Dina Santoro officer: Managing Director VOYA INVESTMENT MANAGEMENT, 230 PARK AVENUE, NEW YORK NY 10169
Christopher P Sullivan director 27 LEE TERRACE, SHORT HILLS NJ 07078
Michael Allyn Bell officer: MD & Chief Financial Officer 230 PARK AVENUE, NEW YORK NY 10169
Joseph E Obermeyer director 9909 NE 4TH AVENUE ROAD, MIAMI SHORES FL 33138
Russell H Jones director
Martin J Gavin director 282 WASHINGTON STREET, HARTFORD CT 06106
Deprince Albert E Jr director 3029 ST. JOHNS DRIVE, MURFREESBORO TN 37129
Gilbert Van Hassel officer: to subadvisor PRINSES BEATRIXLAAN 15, DEN HAAG P7 2595AK
Van Den Heuvel Adrianus Albertus Marinus officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS
Dirk Albert Buggenhout officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS

Voya Emerging Markets High Dividend Equity Fund (Voya Emerging Markets High Dividend Equity Fund) Headlines