Lazard World Trust Fund (LSE:WTR) Price-to-Tangible-Book : 0.79 (As of Apr. 26, 2024)

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What is Lazard World Trust Fund Price-to-Tangible-Book?

As of today (2024-04-26), Lazard World Trust Fund's share price is £3.03. Lazard World Trust Fund's Tangible Book per Share of Sep. 2018 for the quarter that ended in Sep. 2018 was £3.85. Hence, Lazard World Trust Fund's Price to Tangible Book Ratio of today is 0.79.

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

LSE:WTR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.3 Med: 0.85 Max: 1.79
Current: 0.58

During the past 11 years, Lazard World Trust Fund's highest Price to Tangible Book Ratio was 1.79. The lowest was 0.30. And the median was 0.85.

LSE:WTR's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.93 vs LSE:WTR: 0.58

A closely related ratio is called PB Ratio. As of today, Lazard World Trust Fund's share price is £3.03. Lazard World Trust Fund's Book Value per Sharefor the quarter that ended in Sep. 2018 was £3.85. Hence, Lazard World Trust Fund's P/B Ratio of today is 0.79.

Lazard World Trust Fund Price-to-Tangible-Book Historical Data

The historical data trend for Lazard World Trust 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.

Lazard World Trust Fund Price-to-Tangible-Book Chart

Lazard World Trust Fund Annual Data

Trend

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Mar18

Price-to-Tangible-Book

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0.84

0.88

0.84

0.88

Lazard World Trust Fund Semi-Annual Data
	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.88	0.88	0.93	-	-

Competitive Comparison of Lazard World Trust Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Lazard World Trust 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.

Lazard World Trust Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Lazard World Trust Fund's Price-to-Tangible-Book falls into.

Lazard World Trust Fund Price-to-Tangible-Book Calculation

Lazard World Trust Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2018 )
	=	3.03	/	3.849
	=	0.79

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.

Lazard World Trust Fund Price-to-Tangible-Book Related Terms

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

Lazard World Trust Fund (LSE:WTR) Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

N/A

Address

State Street Bank Luxembourg S.C.A., 49, Avenue J.F. Kennedy, Luxembourg, LUX, L-1855

Website

http://www.lazardworldtrustfund.com

Lazard World Trust Fund is an investment company registered in Luxembourg. Its investment objective is to achieve long-term capital appreciation by investing primarily in companies whose shares trade at a discount to the underlying net asset value. The company mainly invests in closed-end funds, investment trusts, holding companies and other companies which are traded internationally. It focuses on providing broad exposure to equity markets through investment in closed-ended funds and quoted companies. The company may use gearing and hedging by holding positions by selling short stock indices, stocks, and shares of exchange traded funds.

Lazard World Trust Fund (LSE:WTR) Headlines

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