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AGF Management (AGF Management) Price-to-Tangible-Book : 3.06 (As of Apr. 28, 2024)


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What is AGF Management Price-to-Tangible-Book?

As of today (2024-04-28), AGF Management's share price is $5.92. AGF Management's Tangible Book per Share of Feb. 2024 for the quarter that ended in Feb. 2024 was $1.94. Hence, AGF Management's Price to Tangible Book Ratio of today is 3.06.

The historical rank and industry rank for AGF Management's Price-to-Tangible-Book or its related term are showing as below:

AGFMF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.09   Med: 5.62   Max: 55.56
Current: 3.09

During the past 13 years, AGF Management's highest Price to Tangible Book Ratio was 55.56. The lowest was 3.09. And the median was 5.62.

AGFMF's Price-to-Tangible-Book is ranked worse than
90.22% of 1625 companies
in the Asset Management industry
Industry Median: 0.94 vs AGFMF: 3.09

A closely related ratio is called PB Ratio. As of today, AGF Management's share price is $5.92. AGF Management's Book Value per Sharefor the quarter that ended in Feb. 2024 was $12.71. Hence, AGF Management's P/B Ratio of today is 0.47.


AGF Management Price-to-Tangible-Book Historical Data

The historical data trend for AGF Management'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.

AGF Management Price-to-Tangible-Book Chart

AGF Management Annual Data
Trend Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 5.20 5.82 4.87 3.21

AGF Management Quarterly Data
May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 5.75 3.65 3.54 3.21 3.12

Competitive Comparison of AGF Management's Price-to-Tangible-Book

For the Asset Management subindustry, AGF Management'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.


AGF Management's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where AGF Management's Price-to-Tangible-Book falls into.



AGF Management Price-to-Tangible-Book Calculation

AGF Management's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2024 )
=5.92/1.937
=3.06

* 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.


AGF Management Price-to-Tangible-Book Related Terms

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


AGF Management (AGF Management) Business Description

Traded in Other Exchanges
Address
81 Bay Street, Suite 3900, CIBC SQUARE, Tower One, Toronto, ON, CAN, M5J 0G1
AGF Management is a Canada-based asset manager with operations and investments in Canada, the United States, the United Kingdom, Ireland, and Asia. At the end of September, the firm had CAD 41.0 billion in total assets under management. Its funds are weighted more heavily toward equities, with close to three fourths of retail AUM being equity-related. That said, the company does use fundamental, quantitative, and alternative strategies to manage its investment funds. AGF Management has a more meaningful portion of its business tied to institutional clients than its peers, with one fourth of its total AUM derived from institutional and subadvised accounts. The company derives 17% of its managed assets from high-net-worth clients.

AGF Management (AGF Management) Headlines

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