GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » K2 Asset Management Holdings Ltd (ASX:KAM) » Definitions » Price-to-Tangible-Book

K2 Asset Management Holdings (ASX:KAM) Price-to-Tangible-Book : 1.43 (As of May. 06, 2024)


View and export this data going back to 2007. Start your Free Trial

What is K2 Asset Management Holdings Price-to-Tangible-Book?

As of today (2024-05-06), K2 Asset Management Holdings's share price is A$0.05. K2 Asset Management Holdings's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.04. Hence, K2 Asset Management Holdings's Price to Tangible Book Ratio of today is 1.43.

The historical rank and industry rank for K2 Asset Management Holdings's Price-to-Tangible-Book or its related term are showing as below:

ASX:KAM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.11   Med: 1.71   Max: 17.25
Current: 1.25

During the past 13 years, K2 Asset Management Holdings's highest Price to Tangible Book Ratio was 17.25. The lowest was 0.11. And the median was 1.71.

ASX:KAM's Price-to-Tangible-Book is ranked worse than
78.02% of 1624 companies
in the Asset Management industry
Industry Median: 0.95 vs ASX:KAM: 1.25

A closely related ratio is called PB Ratio. As of today, K2 Asset Management Holdings's share price is A$0.05. K2 Asset Management Holdings's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.04. Hence, K2 Asset Management Holdings's P/B Ratio of today is 1.43.


K2 Asset Management Holdings Price-to-Tangible-Book Historical Data

The historical data trend for K2 Asset Management Holdings'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.

K2 Asset Management Holdings Price-to-Tangible-Book Chart

K2 Asset Management Holdings Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.11 0.11 0.17 0.13 2.03

K2 Asset Management Holdings 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 1.48 0.13 1.10 2.03 1.91

Competitive Comparison of K2 Asset Management Holdings's Price-to-Tangible-Book

For the Asset Management subindustry, K2 Asset Management Holdings'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.


K2 Asset Management Holdings's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, K2 Asset Management Holdings's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where K2 Asset Management Holdings's Price-to-Tangible-Book falls into.



K2 Asset Management Holdings Price-to-Tangible-Book Calculation

K2 Asset Management Holdings's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.05/0.035
=1.43

* 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.


K2 Asset Management Holdings Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of K2 Asset Management Holdings's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


K2 Asset Management Holdings (ASX:KAM) Business Description

Traded in Other Exchanges
N/A
Address
101 Collins Street, Level 32, Melbourne, VIC, AUS, 3000
K2 Asset Management Holdings Ltd is an Australia-based fund holding company specializing in managing funds for retail, wholesale, and institutional investors. The firm invests in the public equity markets across the globe. It manages equity mutual funds for its clients. The company gets a majority of its revenue from management and performance fees.

K2 Asset Management Holdings (ASX:KAM) Headlines

No Headlines