Chenavari Toroome Fund (LSE:TORO) Price-to-Tangible-Book : 0.81 (As of Apr. 26, 2024)

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What is Chenavari Toroome Fund Price-to-Tangible-Book?

As of today (2024-04-26), Chenavari Toroome Fund's share price is €0.525. Chenavari Toroome Fund's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was €0.65. Hence, Chenavari Toroome Fund's Price to Tangible Book Ratio of today is 0.81.

The historical rank and industry rank for Chenavari Toroome Fund's Price-to-Tangible-Book or its related term are showing as below:

LSE:TORO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.69 Med: 0.81 Max: 0.86
Current: 0.81

During the past 8 years, Chenavari Toroome Fund's highest Price to Tangible Book Ratio was 0.86. The lowest was 0.69. And the median was 0.81.

LSE:TORO's Price-to-Tangible-Book is ranked better than
74.18% of 1623 companies
in the Asset Management industry
Industry Median: 0.93 vs LSE:TORO: 0.81

A closely related ratio is called PB Ratio. As of today, Chenavari Toroome Fund's share price is €0.525. Chenavari Toroome Fund's Book Value per Sharefor the quarter that ended in Sep. 2023 was €0.65. Hence, Chenavari Toroome Fund's P/B Ratio of today is 0.81.

Chenavari Toroome Fund Price-to-Tangible-Book Historical Data

The historical data trend for Chenavari Toroome 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.

Chenavari Toroome Fund Price-to-Tangible-Book Chart

Chenavari Toroome Fund Annual Data

Trend

Sep16

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.82

0.73

0.71

0.83

0.69

Chenavari Toroome Fund Semi-Annual Data
	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial										0.71	0.73	0.83	0.77	0.69

Competitive Comparison of Chenavari Toroome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Chenavari Toroome 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.

Chenavari Toroome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Chenavari Toroome Fund's Price-to-Tangible-Book falls into.

Chenavari Toroome Fund Price-to-Tangible-Book Calculation

Chenavari Toroome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	0.525	/	0.645
	=	0.81

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.

Chenavari Toroome Fund Price-to-Tangible-Book Related Terms

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

Chenavari Toroome Fund (LSE:TORO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Chenavari Toro Income Fund Ltd (LSE:TORO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Trafalgar Court, Les Banques, PO Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY

Website

https://www.chenavaritoroincomefund.com

Chenavari Toro Income Fund Ltd is a closed-end investment company incorporated in Guernsey. The investment objective is to deliver an absolute return from investing and trading in Asset-Backed Securities and other structured credit investments in liquid markets, and investing directly or indirectly in asset-backed transactions including, without limitation, through the origination of credit portfolios.