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Blackrock Enhanced Global Dividend Trust (Blackrock Enhanced Global Dividend Trust) Price-to-Tangible-Book : 0.86 (As of Apr. 29, 2024)


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What is Blackrock Enhanced Global Dividend Trust Price-to-Tangible-Book?

As of today (2024-04-29), Blackrock Enhanced Global Dividend Trust's share price is $10.105. Blackrock Enhanced Global Dividend Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $11.81. Hence, Blackrock Enhanced Global Dividend Trust's Price to Tangible Book Ratio of today is 0.86.

The historical rank and industry rank for Blackrock Enhanced Global Dividend Trust's Price-to-Tangible-Book or its related term are showing as below:

BOE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 0.89   Max: 0.95
Current: 0.86

During the past 7 years, Blackrock Enhanced Global Dividend Trust's highest Price to Tangible Book Ratio was 0.95. The lowest was 0.84. And the median was 0.89.

BOE's Price-to-Tangible-Book is ranked better than
68.15% of 1623 companies
in the Asset Management industry
Industry Median: 0.94 vs BOE: 0.86

A closely related ratio is called PB Ratio. As of today, Blackrock Enhanced Global Dividend Trust's share price is $10.105. Blackrock Enhanced Global Dividend Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was $11.81. Hence, Blackrock Enhanced Global Dividend Trust's P/B Ratio of today is 0.86.


Blackrock Enhanced Global Dividend Trust Price-to-Tangible-Book Historical Data

The historical data trend for Blackrock Enhanced Global Dividend 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.

Blackrock Enhanced Global Dividend Trust Price-to-Tangible-Book Chart

Blackrock Enhanced Global Dividend Trust Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.89 0.89 0.91 0.87 0.84

Blackrock Enhanced Global Dividend Trust Semi-Annual Data
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 0.91 0.87 0.87 0.87 0.84

Competitive Comparison of Blackrock Enhanced Global Dividend Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Blackrock Enhanced Global Dividend 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.


Blackrock Enhanced Global Dividend Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Blackrock Enhanced Global Dividend Trust's Price-to-Tangible-Book falls into.



Blackrock Enhanced Global Dividend Trust Price-to-Tangible-Book Calculation

Blackrock Enhanced Global Dividend 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 )
=10.105/11.808
=0.86

* 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.


Blackrock Enhanced Global Dividend Trust Price-to-Tangible-Book Related Terms

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


Blackrock Enhanced Global Dividend Trust (Blackrock Enhanced Global Dividend Trust) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Enhanced Global Dividend Trust has an investment objective to provide current income and current gains, with a secondary investment objective of long-term capital appreciation. Further, it focuses on investing in a portfolio of equity securities and utilizing an option writing strategy in an effort to seek total return performance and enhance distributions.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Molly Greenen other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Olivia Treharne other: Portfolio Manager DRAPERS GARDENS, 12 THROGMORTON AVENUE, LONDON X0 EC2N2DLL09
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Kyle Mcclements other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Christopher Accettella other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Andrew Wheatley-hubbard other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Henry Gabbay officer: Treasurer 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Stuart Reeve other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Enhanced Global Dividend Trust (Blackrock Enhanced Global Dividend Trust) Headlines

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