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Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) Price-to-Tangible-Book : 0.96 (As of Apr. 25, 2024)


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What is Gabelli Global Utility &ome Trust Price-to-Tangible-Book?

As of today (2024-04-25), Gabelli Global Utility &ome Trust's share price is $14.22. Gabelli Global Utility &ome Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $14.87. Hence, Gabelli Global Utility &ome Trust's Price to Tangible Book Ratio of today is 0.96.

The historical rank and industry rank for Gabelli Global Utility &ome Trust's Price-to-Tangible-Book or its related term are showing as below:

GLU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.89   Med: 2.24   Max: 2.47
Current: 0.96

During the past 13 years, Gabelli Global Utility &ome Trust's highest Price to Tangible Book Ratio was 2.47. The lowest was 0.89. And the median was 2.24.

GLU's Price-to-Tangible-Book is ranked worse than
54.13% of 1624 companies
in the Asset Management industry
Industry Median: 0.93 vs GLU: 0.96

A closely related ratio is called PB Ratio. As of today, Gabelli Global Utility &ome Trust's share price is $14.22. Gabelli Global Utility &ome Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.87. Hence, Gabelli Global Utility &ome Trust's P/B Ratio of today is 0.96.


Gabelli Global Utility &ome Trust Price-to-Tangible-Book Historical Data

The historical data trend for Gabelli Global Utility &ome 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.

Gabelli Global Utility &ome Trust Price-to-Tangible-Book Chart

Gabelli Global Utility &ome 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 2.25 2.47 2.22 0.89 0.89

Gabelli Global Utility &ome Trust Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 2.22 2.51 0.89 0.91 0.89

Competitive Comparison of Gabelli Global Utility &ome Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Gabelli Global Utility &ome 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.


Gabelli Global Utility &ome Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Global Utility &ome Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Gabelli Global Utility &ome Trust's Price-to-Tangible-Book falls into.



Gabelli Global Utility &ome Trust Price-to-Tangible-Book Calculation

Gabelli Global Utility &ome 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 )
=14.22/14.869
=0.96

* 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.


Gabelli Global Utility &ome Trust Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Gabelli Global Utility &ome Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, NY, USA, 10580-1422
Gabelli Global Utility & Income Trust is a non-diversified, closed-end management investment company. The Fund's objective is to seek a consistent level of after-tax total return. It primarily invests in stocks of companies involved to a substantial extent in providing products, services, or equipment for the generation or distribution of electricity, gas, or water and infrastructure operations, and in equity securities including preferred securities of companies in other industries, in each case in such securities that are expected to pay periodic dividends.
Executives
Mario J Gabelli officer: Chairman and CIO 191 MASON STREET, GREENWICH CT 06830
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Calgary Avansino director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
James P Conn director
Leslie Fahrenkopf Foley director C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Bruce N Alpert officer: President C/O GAMCO INVESTORS, INC., ONE CORPORATE CENTER, RYE NY 10580
Urso Mario D director 65 EATON SQUARE, LONDON SW UK X0 041101225
Anthony J Colavita director ONE CORPORATE CENTER, RYE NY 10580
Salvatore M Salibello director ONE CORPORATE CENTER, RYE NY 10580
James E Mckee officer: Secretary C/O GABELLI ASSET MANAGEMENT INC, ONE CORPORATE CENTER, RYE NY 16580
Vincent D Enright director ONE CORPORATE CENTER, RYE NY 10580
Karl Otto Pohl director ONE CORPORATE CENTER, RYE NY 10580

Gabelli Global Utility &ome Trust (Gabelli Global Utility &ome Trust) Headlines