SDHY's Price-to-Net-Cash is not ranked *
in the Asset Management industry.
Industry Median: 6.29 * Ranked among companies with meaningful Price-to-Net-Cash only.
PGIM Short Duration High Yield Opportunities Net Cash per Share Historical Data
* 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.
PGIM Short Duration High Yield Opportunities Net Cash per Share Chart
PGIM Short Duration High Yield Opportunities Annual Data
Trend
Jul21
Jul22
Jul23
Net Cash per Share
-6.94
-5.43
-5.02
PGIM Short Duration High Yield Opportunities Semi-Annual Data
Competitive Comparison of PGIM Short Duration High Yield Opportunities's Net Cash per Share
For the Asset Management subindustry, PGIM Short Duration High Yield Opportunities's Price-to-Net-Cash, along with its competitors' market caps and Price-to-Net-Cash 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.
PGIM Short Duration High Yield Opportunities's Price-to-Net-Cash Distribution in the Asset Management Industry
* The bar in red indicates where PGIM Short Duration High Yield Opportunities's Price-to-Net-Cash falls into.
PGIM Short Duration High Yield Opportunities Net Cash per Share Calculation
In the calculation of a company's Net Cash per Share, assets other than cash and short term investments are considered to be worth nothing. But the company has to pay its debt and other liabilities in full. This is an extremely conservative way of valuation. Most companies have negative Net Cash per Share. But sometimes a company's price may be lower than its net-cash.
* 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.
PGIM Short Duration High Yield Opportunities (NYSE:SDHY) Net Cash per Share Explanation
Ben Graham invested in situations where the company's stock price was lower than its net-cash. He assigned some value to the company's other current asset. The value is called Net Current Asset Value (NCAV). One research study, covering the years 1970 through 1983 showed that portfolios picked at the beginning of each year, and held for one year, returned 29.4 percent, on average, over the 13-year period, compared to 11.5 percent for the S&P 500 Index. Other studies of Graham's strategy produced similar results.
You can find companies that are traded below their Net Current Asset Value (NCAV) with our Net-Net screener.
PGIM Short Duration High Yield Opportunities Net Cash per Share Related Terms
Thank you for viewing the detailed overview of PGIM Short Duration High Yield Opportunities's Net Cash per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
PGIM Short Duration High Yield Opportunities (PGIM Short Duration High Yield Opportunities) Business Description
PGIM Short Duration High Yield Opportunities is a closed-end management investment company. The fund's investment objective is to provide total return, through a combination of current income and capital appreciation. Its seeks to achieve its objective by investing in a diversified portfolio of high yield fixed income instruments.
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