GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock MuniHoldings Quality Fund II Inc (NYSE:MUE) » Definitions » Price-to-Tangible-Book

BlackRock MuniHoldings Quality Fund II (BlackRock MuniHoldings Quality Fund II) Price-to-Tangible-Book : 0.84 (As of Apr. 28, 2024)


View and export this data going back to 1998. Start your Free Trial

What is BlackRock MuniHoldings Quality Fund II Price-to-Tangible-Book?

As of today (2024-04-28), BlackRock MuniHoldings Quality Fund II's share price is $9.775. BlackRock MuniHoldings Quality Fund II's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was $11.62. Hence, BlackRock MuniHoldings Quality Fund II's Price to Tangible Book Ratio of today is 0.84.

The historical rank and industry rank for BlackRock MuniHoldings Quality Fund II's Price-to-Tangible-Book or its related term are showing as below:

MUE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 0.91   Max: 0.99
Current: 0.84

During the past 8 years, BlackRock MuniHoldings Quality Fund II's highest Price to Tangible Book Ratio was 0.99. The lowest was 0.84. And the median was 0.91.

MUE's Price-to-Tangible-Book is ranked better than
71.32% of 1625 companies
in the Asset Management industry
Industry Median: 0.94 vs MUE: 0.84

A closely related ratio is called PB Ratio. As of today, BlackRock MuniHoldings Quality Fund II's share price is $9.775. BlackRock MuniHoldings Quality Fund II's Book Value per Sharefor the quarter that ended in Jan. 2024 was $11.62. Hence, BlackRock MuniHoldings Quality Fund II's P/B Ratio of today is 0.84.


BlackRock MuniHoldings Quality Fund II Price-to-Tangible-Book Historical Data

The historical data trend for BlackRock MuniHoldings Quality Fund II'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.

BlackRock MuniHoldings Quality Fund II Price-to-Tangible-Book Chart

BlackRock MuniHoldings Quality Fund II Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.91 0.93 0.99 0.95 0.87

BlackRock MuniHoldings Quality Fund II Semi-Annual Data
Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 Premium Member Only Premium Member Only 0.94 0.95 0.90 0.87 0.85

Competitive Comparison of BlackRock MuniHoldings Quality Fund II's Price-to-Tangible-Book

For the Asset Management subindustry, BlackRock MuniHoldings Quality Fund II'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.


BlackRock MuniHoldings Quality Fund II's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where BlackRock MuniHoldings Quality Fund II's Price-to-Tangible-Book falls into.



BlackRock MuniHoldings Quality Fund II Price-to-Tangible-Book Calculation

BlackRock MuniHoldings Quality Fund II's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=9.775/11.62
=0.84

* 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.


BlackRock MuniHoldings Quality Fund II Price-to-Tangible-Book Related Terms

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


BlackRock MuniHoldings Quality Fund II (BlackRock MuniHoldings Quality Fund II) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock MuniHoldings Quality Fund II Inc is a diversified, closed-end management investment company. The fund's investment objective is to provide total return through a combination of current income and capital appreciation. The fund seeks to achieve its investment objective by investing primarily in long-term, investment-grade municipal obligations exempt from U.S. federal income taxes.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Kevin Maloney other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jaeckel Theodore R Jr other: Portfolio Manager 800SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Henry Gabbay director 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055

BlackRock MuniHoldings Quality Fund II (BlackRock MuniHoldings Quality Fund II) Headlines