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Gore Street Energy Storage Fund (LSE:GSF) Price-to-Tangible-Book : 0.58 (As of May. 21, 2024)


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What is Gore Street Energy Storage Fund Price-to-Tangible-Book?

As of today (2024-05-21), Gore Street Energy Storage Fund's share price is £0.653. Gore Street Energy Storage Fund's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £1.13. Hence, Gore Street Energy Storage Fund's Price to Tangible Book Ratio of today is 0.58.

The historical rank and industry rank for Gore Street Energy Storage Fund's Price-to-Tangible-Book or its related term are showing as below:

LSE:GSF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.57   Med: 1.03   Max: 2.06
Current: 0.58

During the past 5 years, Gore Street Energy Storage Fund's highest Price to Tangible Book Ratio was 2.06. The lowest was 0.57. And the median was 1.03.

LSE:GSF's Price-to-Tangible-Book is ranked better than
88.44% of 1626 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:GSF: 0.58

A closely related ratio is called PB Ratio. As of today, Gore Street Energy Storage Fund's share price is £0.653. Gore Street Energy Storage Fund's Book Value per Sharefor the quarter that ended in Sep. 2023 was £1.13. Hence, Gore Street Energy Storage Fund's P/B Ratio of today is 0.58.


Gore Street Energy Storage Fund Price-to-Tangible-Book Historical Data

The historical data trend for Gore Street Energy Storage 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.

Gore Street Energy Storage Fund Price-to-Tangible-Book Chart

Gore Street Energy Storage Fund Annual Data
Trend Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
0.98 1.03 2.06 1.04 0.87

Gore Street Energy Storage Fund Semi-Annual Data
Sep18 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 1.05 1.04 0.99 0.87 0.70

Competitive Comparison of Gore Street Energy Storage Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Gore Street Energy Storage 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.


Gore Street Energy Storage Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gore Street Energy Storage Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Gore Street Energy Storage Fund's Price-to-Tangible-Book falls into.



Gore Street Energy Storage Fund Price-to-Tangible-Book Calculation

Gore Street Energy Storage Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=0.653/1.129
=0.58

* 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.


Gore Street Energy Storage Fund Price-to-Tangible-Book Related Terms

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


Gore Street Energy Storage Fund (LSE:GSF) Business Description

Traded in Other Exchanges
Address
16-17 Little Portland Street, First Floor, London, GBR, W1W 8BP
Gore Street Energy Storage Fund PLC is a closed-ended investment company. The company's objective is to provide investors with a sustainable and attractive dividend over the long term by investing in a diversified portfolio of utility-scale energy storage projects primarily located in the United Kingdom.

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