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First Trust Energy Infrastructure Fund (First Trust Energy Infrastructure Fund) Price-to-Tangible-Book : 1.03 (As of Apr. 29, 2024)


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What is First Trust Energy Infrastructure Fund Price-to-Tangible-Book?

As of today (2024-04-29), First Trust Energy Infrastructure Fund's share price is $18.17. First Trust Energy Infrastructure Fund's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $17.57. Hence, First Trust Energy Infrastructure Fund's Price to Tangible Book Ratio of today is 1.03.

The historical rank and industry rank for First Trust Energy Infrastructure Fund's Price-to-Tangible-Book or its related term are showing as below:

FIF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 0.9   Max: 1.04
Current: 1.03

During the past 7 years, First Trust Energy Infrastructure Fund's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.84. And the median was 0.90.

FIF's Price-to-Tangible-Book is ranked worse than
67.28% of 1623 companies
in the Asset Management industry
Industry Median: 0.94 vs FIF: 1.03

A closely related ratio is called PB Ratio. As of today, First Trust Energy Infrastructure Fund's share price is $18.17. First Trust Energy Infrastructure Fund's Book Value per Sharefor the quarter that ended in Nov. 2023 was $17.57. Hence, First Trust Energy Infrastructure Fund's P/B Ratio of today is 1.03.


First Trust Energy Infrastructure Fund Price-to-Tangible-Book Historical Data

The historical data trend for First Trust Energy Infrastructure 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.

First Trust Energy Infrastructure Fund Price-to-Tangible-Book Chart

First Trust Energy Infrastructure Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.92 0.84 0.90 0.85 0.94

First Trust Energy Infrastructure Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.90 0.86 0.85 0.86 0.94

Competitive Comparison of First Trust Energy Infrastructure Fund's Price-to-Tangible-Book

For the Asset Management subindustry, First Trust Energy Infrastructure 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.


First Trust Energy Infrastructure Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where First Trust Energy Infrastructure Fund's Price-to-Tangible-Book falls into.



First Trust Energy Infrastructure Fund Price-to-Tangible-Book Calculation

First Trust Energy Infrastructure Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=18.17/17.568
=1.03

* 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.


First Trust Energy Infrastructure Fund Price-to-Tangible-Book Related Terms

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


First Trust Energy Infrastructure Fund (First Trust Energy Infrastructure Fund) Business Description

Traded in Other Exchanges
N/A
Address
120 East Liberty Drive, Suite 400, Wheaton, IL, USA, 60187
First Trust Energy Infrastructure Fund is a closed-end management investment company. The fund's investment objective is to seek a high level of total return with an emphasis on current distributions paid to shareholders. It seeks to invest in stocks of companies operating in the energy infrastructure sector, including pipeline companies, utilities, and other companies that derive maximum of their revenues from operating or providing services in support of infrastructure assets such as pipelines, power transmission, and petroleum and natural gas storage in the petroleum, natural gas, and power generation industries. Geographically, all the operations function through the United States of America.
Executives
Bronwyn Wright director FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
M Keefe Denise director C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Kelly Catherine Dehler other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Scott Michael Friske other: Officer-Investment Advisor FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James Murchie other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
John K Tysseland other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVE., WESTPORT CT 06880
Nandita Hogan other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
Shane Shannon officer: Assistant Secretary FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Lisa Iantorno other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
Katherine L Urevig officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Donald Swade officer: Assistant Treasurer C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
W Scott Jardine officer: Secretary, other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
James A Bowen director, officer: President, other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187
Eva Pao other: Officer-Investment Sub-Advisor ENERGY INCOME PARTNERS, LLC, 49 RIVERSIDE AVENUE, WESTPORT CT 06880
Andy Roggensack other: Officer - Investment Advisor C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187

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