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Australian Enhancedome Fund (ASX:TCF) Price-to-Tangible-Book : 0.85 (As of Apr. 25, 2024)


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What is Australian Enhancedome Fund Price-to-Tangible-Book?

As of today (2024-04-25), Australian Enhancedome Fund's share price is A$5.10. Australian Enhancedome Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$5.97. Hence, Australian Enhancedome Fund's Price to Tangible Book Ratio of today is 0.85.

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

ASX:TCF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.85   Med: 0.99   Max: 1.02
Current: 0.85

During the past 13 years, Australian Enhancedome Fund's highest Price to Tangible Book Ratio was 1.02. The lowest was 0.85. And the median was 0.99.

ASX:TCF's Price-to-Tangible-Book is ranked better than
70.14% of 1624 companies
in the Asset Management industry
Industry Median: 0.93 vs ASX:TCF: 0.85

A closely related ratio is called PB Ratio. As of today, Australian Enhancedome Fund's share price is A$5.10. Australian Enhancedome Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$5.97. Hence, Australian Enhancedome Fund's P/B Ratio of today is 0.85.


Australian Enhancedome Fund Price-to-Tangible-Book Historical Data

The historical data trend for Australian Enhancedome Fund'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.

Australian Enhancedome Fund Price-to-Tangible-Book Chart

Australian Enhancedome Fund 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 1.01 0.92 1.00 0.89 0.88

Australian Enhancedome Fund 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 0.99 0.89 0.93 0.88 0.86

Competitive Comparison of Australian Enhancedome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Australian Enhancedome 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.


Australian Enhancedome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Australian Enhancedome Fund's Price-to-Tangible-Book falls into.



Australian Enhancedome Fund Price-to-Tangible-Book Calculation

Australian Enhancedome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=5.10/5.971
=0.85

* 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.


Australian Enhancedome Fund Price-to-Tangible-Book Related Terms

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


Australian Enhancedome Fund (ASX:TCF) Business Description

Traded in Other Exchanges
N/A
Address
1 Macquarie Place, Suite 3701, Level 37, Sydney, AUS, 2000
Australian Enhanced Income Fund is an Australia-based company that mainly invests in listed and unlisted debt hybrid securities and cash investments following the Fund Constitution and the Fund Product Disclosure Statements.

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