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CT Private Equity Trust (LSE:CTPE) Price-to-Tangible-Book : 0.67 (As of May. 29, 2024)


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What is CT Private Equity Trust Price-to-Tangible-Book?

As of today (2024-05-29), CT Private Equity Trust's share price is £4.70. CT Private Equity Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £7.03. Hence, CT Private Equity Trust's Price to Tangible Book Ratio of today is 0.67.

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

LSE:CTPE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.6   Med: 0.79   Max: 0.95
Current: 0.67

During the past 13 years, CT Private Equity Trust's highest Price to Tangible Book Ratio was 0.95. The lowest was 0.60. And the median was 0.79.

LSE:CTPE's Price-to-Tangible-Book is ranked better than
83.35% of 1622 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:CTPE: 0.67

A closely related ratio is called PB Ratio. As of today, CT Private Equity Trust's share price is £4.70. CT Private Equity Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was £7.03. Hence, CT Private Equity Trust's P/B Ratio of today is 0.67.


CT Private Equity Trust Price-to-Tangible-Book Historical Data

The historical data trend for CT Private Equity 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.

CT Private Equity Trust Price-to-Tangible-Book Chart

CT Private Equity Trust Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.63 0.76 0.60 0.67

CT Private Equity Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.60 0.63 0.69 0.67 0.67

Competitive Comparison of CT Private Equity Trust's Price-to-Tangible-Book

For the Asset Management subindustry, CT Private Equity 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.


CT Private Equity Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where CT Private Equity Trust's Price-to-Tangible-Book falls into.



CT Private Equity Trust Price-to-Tangible-Book Calculation

CT Private Equity Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=4.70/7.025
=0.67

* 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.


CT Private Equity Trust Price-to-Tangible-Book Related Terms

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


CT Private Equity Trust (LSE:CTPE) Business Description

Traded in Other Exchanges
Address
7a Nightingale Way, Quartermile 4, 6th Floor, Edinburgh, GBR, EH3 9EG
CT Private Equity Trust PLC is a UK-based investment trust, which is managed by F&C Investment Business Limited. Its core business is the management of long-term borrowings by investing them in private equity assets. Its objective is to achieve long-term capital growth through investment in private equity assets, whilst providing shareholders with a predictable and above average level of dividend funded from a combination of the Company's revenue and realised capital profits. The fund's portfolio is comprised of private equity focused limited partnerships, offshore funds, investment companies and investment trusts. The company may also make direct private equity investments, mainly through co-investment with the funds in which the company is invested.

CT Private Equity Trust (LSE:CTPE) Headlines

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