European Opportunities Trust (LSE:EOT) Price-to-Tangible-Book : 0.95 (As of Apr. 30, 2024)

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What is European Opportunities Trust Price-to-Tangible-Book?

As of today (2024-04-30), European Opportunities Trust's share price is £8.61. European Opportunities Trust's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was £9.11. Hence, European Opportunities Trust's Price to Tangible Book Ratio of today is 0.95.

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

LSE:EOT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.88 Med: 0.97 Max: 1.04
Current: 0.95

During the past 13 years, European Opportunities Trust's highest Price to Tangible Book Ratio was 1.04. The lowest was 0.88. And the median was 0.97.

LSE:EOT's Price-to-Tangible-Book is ranked worse than
51.32% of 1623 companies
in the Asset Management industry
Industry Median: 0.94 vs LSE:EOT: 0.95

A closely related ratio is called PB Ratio. As of today, European Opportunities Trust's share price is £8.61. European Opportunities Trust's Book Value per Sharefor the quarter that ended in Nov. 2023 was £9.11. Hence, European Opportunities Trust's P/B Ratio of today is 0.95.

European Opportunities Trust Price-to-Tangible-Book Historical Data

The historical data trend for European Opportunities 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.

European Opportunities Trust Price-to-Tangible-Book Chart

European Opportunities Trust Annual Data

Trend

May14

May15

May16

May17

May18

May19

May20

May21

May22

May23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.99

0.92

0.91

0.88

0.89

European Opportunities Trust Semi-Annual Data
	May14	Nov14	May15	Nov15	May16	Nov16	May17	Nov17	May18	Nov18	May19	Nov19	May20	Nov20	May21	Nov21	May22	Nov22	May23	Nov23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.89	0.88	0.88	0.89	0.92

Competitive Comparison of European Opportunities Trust's Price-to-Tangible-Book

For the Asset Management subindustry, European Opportunities 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.

European Opportunities Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where European Opportunities Trust's Price-to-Tangible-Book falls into.

European Opportunities Trust Price-to-Tangible-Book Calculation

European Opportunities Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Nov. 2023 )
	=	8.61	/	9.108
	=	0.95

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

European Opportunities Trust Price-to-Tangible-Book Related Terms

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

European Opportunities Trust (LSE:EOT) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

EOTl:UK

Address

123 Victoria Street, Third Floor / MYO, London, GBR, SW1E 6DE

Website

https://www.devonem.com

European Opportunities Trust PLC is an investment trust company that principally is active in portfolio investment. It mainly invests in securities of European companies and geographical sectors or areas which offer good prospects for capital growth. It adopts a stock-picking approach to identify long-term superior growth prospects as well as focuses on the companies which have proprietary technology, management, and the ability of sustainable growth. It invests in securities of various sectors including Basic Materials, Industrials, Health Care, Financials, Consumer Services in Denmark, France, Germany, UK, Spain, and others. The group's revenue mainly comprises Dividends, Foreign exchange income, and other investment income.