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Western Asset Global Defined Opp (Western Asset Global Defined Opp) Price-to-Tangible-Book : 1.00 (As of Apr. 28, 2024)


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What is Western Asset Global Defined Opp Price-to-Tangible-Book?

As of today (2024-04-28), Western Asset Global Defined Opp's share price is $11.94. Western Asset Global Defined Opp's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $11.92. Hence, Western Asset Global Defined Opp's Price to Tangible Book Ratio of today is 1.00.

The historical rank and industry rank for Western Asset Global Defined Opp's Price-to-Tangible-Book or its related term are showing as below:

GDO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87   Med: 0.94   Max: 1.01
Current: 1

During the past 7 years, Western Asset Global Defined Opp's highest Price to Tangible Book Ratio was 1.01. The lowest was 0.87. And the median was 0.94.

GDO's Price-to-Tangible-Book is ranked worse than
60.8% of 1625 companies
in the Asset Management industry
Industry Median: 0.94 vs GDO: 1.00

A closely related ratio is called PB Ratio. As of today, Western Asset Global Defined Opp's share price is $11.94. Western Asset Global Defined Opp's Book Value per Sharefor the quarter that ended in Oct. 2023 was $11.92. Hence, Western Asset Global Defined Opp's P/B Ratio of today is 1.00.


Western Asset Global Defined Opp Price-to-Tangible-Book Historical Data

The historical data trend for Western Asset Global Defined Opp'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.

Western Asset Global Defined Opp Price-to-Tangible-Book Chart

Western Asset Global Defined Opp Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.94 0.92 1.01 0.92 0.95

Western Asset Global Defined Opp Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 1.01 0.97 0.92 0.97 0.95

Competitive Comparison of Western Asset Global Defined Opp's Price-to-Tangible-Book

For the Asset Management subindustry, Western Asset Global Defined Opp'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.


Western Asset Global Defined Opp's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Western Asset Global Defined Opp's Price-to-Tangible-Book falls into.



Western Asset Global Defined Opp Price-to-Tangible-Book Calculation

Western Asset Global Defined Opp's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=11.94/11.921
=1.00

* 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.


Western Asset Global Defined Opp Price-to-Tangible-Book Related Terms

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


Western Asset Global Defined Opp (Western Asset Global Defined Opp) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Global Corp Defined Opp is a closed-end management investment company with a primary investment objective to provide current income. Its secondary objective is to seek capital appreciation. The Fund invests in the United States and foreign corporate fixed-income securities of varying maturities.
Executives
Oliveira Marc De officer: Secretary/Chief Legal Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Eileen A Kamerick director 200 NORTH ADAMS STREET, GREEN BAY WI 54301
Laura F Fergerson other: Manager/Investment Manager 3310 QUALITY DRIVE, 2ND FLOOR, RANCHO CORDOVA CA 95670
Brian Eakes other: Manager/Investment Manager 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
George P. Hoyt officer: Secretary and Ch Lgl Officer C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Matthew Nicholls other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jed A. Plafker other: Director of Sub-Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Sub-Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Fred Steven Jensen officer: Chief Compliance Officer LEGG MASON, 620 EIGHTH AVENUE, 49TH FLOOR, NEW YORK NY 10018
Christopher Berarducci officer: Treas/Principal Finan Officer LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018
Nisha Kumar director 1735 MARKET STREET, 32ND FLOOR, PHILADELPHIA PA 19103
Jennifer S Berg officer: Treasurer 100 INTERNATIONAL DRIVE, 7TH FLOOR, BALTIMORE MD 21202
Todd F Kuehl officer: Chief Compliance Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309