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WAM Research (ASX:WAX) Price-to-Tangible-Book : 1.05 (As of Apr. 26, 2024)


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What is WAM Research Price-to-Tangible-Book?

As of today (2024-04-26), WAM Research's share price is A$1.07. WAM Research's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$1.02. Hence, WAM Research's Price to Tangible Book Ratio of today is 1.05.

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

ASX:WAX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.02   Med: 1.23   Max: 1.37
Current: 1.05

During the past 13 years, WAM Research's highest Price to Tangible Book Ratio was 1.37. The lowest was 1.02. And the median was 1.23.

ASX:WAX's Price-to-Tangible-Book is ranked worse than
67.9% of 1623 companies
in the Asset Management industry
Industry Median: 0.93 vs ASX:WAX: 1.05

A closely related ratio is called PB Ratio. As of today, WAM Research's share price is A$1.07. WAM Research's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$1.02. Hence, WAM Research's P/B Ratio of today is 1.05.


WAM Research Price-to-Tangible-Book Historical Data

The historical data trend for WAM Research'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.

WAM Research Price-to-Tangible-Book Chart

WAM Research 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 1.14 1.29 1.37 1.29 1.07

WAM Research 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 1.34 1.29 1.27 1.07 1.02

Competitive Comparison of WAM Research's Price-to-Tangible-Book

For the Asset Management subindustry, WAM Research'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.


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

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

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



WAM Research Price-to-Tangible-Book Calculation

WAM Research's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=1.07/1.016
=1.05

* 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.


WAM Research Price-to-Tangible-Book Related Terms

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


WAM Research (ASX:WAX) Business Description

Traded in Other Exchanges
N/A
Address
1 Farrer Place, Level 26, Governor Phillip Tower, Sydney, NSW, AUS, 2000
WAM Research Ltd is engaged in making investments in listed companies. The company's investment objectives is to deliver a stream of fully franked dividends and to achieve a high real rate of return, comprising both income and capital growth, within the risk parameters acceptable.

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