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Diamond Hill Investment Group (Diamond Hill Investment Group) Price-to-Tangible-Book : 2.66 (As of Apr. 25, 2024)


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What is Diamond Hill Investment Group Price-to-Tangible-Book?

As of today (2024-04-25), Diamond Hill Investment Group's share price is $150.98. Diamond Hill Investment Group's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $56.79. Hence, Diamond Hill Investment Group's Price to Tangible Book Ratio of today is 2.66.

The historical rank and industry rank for Diamond Hill Investment Group's Price-to-Tangible-Book or its related term are showing as below:

DHIL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 2.4   Med: 3.37   Max: 6.16
Current: 2.66

During the past 13 years, Diamond Hill Investment Group's highest Price to Tangible Book Ratio was 6.16. The lowest was 2.40. And the median was 3.37.

DHIL's Price-to-Tangible-Book is ranked worse than
88.55% of 1624 companies
in the Asset Management industry
Industry Median: 0.93 vs DHIL: 2.66

A closely related ratio is called PB Ratio. As of today, Diamond Hill Investment Group's share price is $150.98. Diamond Hill Investment Group's Book Value per Sharefor the quarter that ended in Dec. 2023 was $56.79. Hence, Diamond Hill Investment Group's P/B Ratio of today is 2.66.


Diamond Hill Investment Group Price-to-Tangible-Book Historical Data

The historical data trend for Diamond Hill Investment Group'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.

Diamond Hill Investment Group Price-to-Tangible-Book Chart

Diamond Hill Investment Group 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 2.40 2.57 3.34 3.40 2.92

Diamond Hill Investment Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 3.40 2.94 3.08 3.01 2.92

Competitive Comparison of Diamond Hill Investment Group's Price-to-Tangible-Book

For the Asset Management subindustry, Diamond Hill Investment Group'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.


Diamond Hill Investment Group's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Diamond Hill Investment Group's Price-to-Tangible-Book falls into.



Diamond Hill Investment Group Price-to-Tangible-Book Calculation

Diamond Hill Investment Group's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=150.98/56.788
=2.66

* 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.


Diamond Hill Investment Group Price-to-Tangible-Book Related Terms

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


Diamond Hill Investment Group (Diamond Hill Investment Group) Business Description

Traded in Other Exchanges
Address
325 John H. McConnell Boulevard, Suite 200, Columbus, OH, USA, 43215
Diamond Hill Investment Group Inc sponsors, markets, and provides investment advisory and related services to various U.S. and foreign clients including mutual funds, separate accounts, and private investment funds. The company's objective is to fulfill a fiduciary duty to clients and secondary objectives to achieve an adequate long-term return for shareholders. The company generates its revenue from Investment advisory and Mutual fund administration fees.
Executives
Laird James F Jr officer: Chief Financial Officer 375 N FRONT STREET, SUITE 300, COLUMBUS OH 43215
Heather E Brilliant director, officer: Chief Executive Officer 325 JOHN H MCCONNELL BLVD, SUITE 200, COLUMBUS OH 43215
Paula R Meyer director ADVISORY HEDGED OPPORTUNITY FUND, 50590 AXP FINANCIAL CENTER, MINNEAPOLIS MN 55474
Jo Ann Quinif officer: President of DHCM 325 JOHN H. MCCONNELL BLVD., SUITE 200, COLUMBUS OH 43215
Mark Zinkula director 325 JOHN H MCCONNELL BLVD, SUITE 200, COLUMBUS OH 43215
Thomas Edward Line officer: Chief Financial Officer 325 JOHN H. MCCONNELL BLVD., SUITE 200, COLUMBUS OH 43215
L'quentus Thomas director 325 JOHN H MCCONNELL BLVD, SUITE 200, COLUMBUS OH 43215
Richard Scott Cooley director 325 JOHN H MCCONNELL BLVD, SUITE 200, COLUMBUS OH 43215
Randolph J. Fortener director 325 JOHN H. MCCONNELL BLVD., STE. 200, COLUMBUS OH 43215
St. Pierre Nicole Renee director 325 JOHN H. MCCONNELL BLVD., SUITE 200, COLUMBUS OH 43215
Dillon Roderick H Jr director, officer: Chief Executive Officer 180 BEACH DRIVE NE 2001, SAINT PETERSBURG FL 33701
Lisa M Wesolek officer: COO of DHCM 325 JOHN H. MCCONNELL BLVD., STE 200, COLUMBUS OH 43215
Bradley C Shoup director 325 JOHN H. MCCONNELL BLVD., SUITE 200, COLUMBUS OH 43215
Frances A Skinner director 138 PUTNAM STREET, MARIETTA OH 45750
Christopher M Bingaman officer: President of DHCM 325 JOHN H. MCCONNELL BLVD., STE. 200, COLUMBUS OH 43215