RiverNorth Opportunistic Municipalome Fund, (RiverNorth Opportunistic Municipalome Fund,) Price-to-Tangible-Book : 0.93 (As of May. 11, 2024)

RiverNorth Opportunistic Municipalome Fund, Price-to-Tangible-Book Chart

RiverNorth Opportunistic Municipalome Fund, Semi-Annual Data
	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial						0.98	0.99	0.94	0.95	0.89

Competitive Comparison of RiverNorth Opportunistic Municipalome Fund,'s Price-to-Tangible-Book

For the Asset Management subindustry, RiverNorth Opportunistic Municipalome 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.

RiverNorth Opportunistic Municipalome Fund,'s Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RiverNorth Opportunistic Municipalome Fund,'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where RiverNorth Opportunistic Municipalome Fund,'s Price-to-Tangible-Book falls into.

RiverNorth Opportunistic Municipalome Fund, Price-to-Tangible-Book Calculation

RiverNorth Opportunistic Municipalome Fund,'s price-to-tangible-book ratio for today is calculated as:

* 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.

RiverNorth Opportunistic Municipalome Fund, Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of RiverNorth Opportunistic Municipalome Fund,'s Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

RiverNorth Opportunistic Municipalome Fund, (RiverNorth Opportunistic Municipalome Fund,) Business Description