GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Logan Ridge Finance Corp (NAS:LRFC) » Definitions » Price-to-Tangible-Book

Logan Ridge Finance (Logan Ridge Finance) Price-to-Tangible-Book : 0.67 (As of Apr. 26, 2024)


View and export this data going back to 2013. Start your Free Trial

What is Logan Ridge Finance Price-to-Tangible-Book?

As of today (2024-04-26), Logan Ridge Finance's share price is $22.18. Logan Ridge Finance's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $33.34. Hence, Logan Ridge Finance's Price to Tangible Book Ratio of today is 0.67.

The historical rank and industry rank for Logan Ridge Finance's Price-to-Tangible-Book or its related term are showing as below:

LRFC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.36   Med: 0.66   Max: 0.96
Current: 0.67

During the past 13 years, Logan Ridge Finance's highest Price to Tangible Book Ratio was 0.96. The lowest was 0.36. And the median was 0.66.

LRFC's Price-to-Tangible-Book is ranked better than
83.81% of 1624 companies
in the Asset Management industry
Industry Median: 0.93 vs LRFC: 0.67

A closely related ratio is called PB Ratio. As of today, Logan Ridge Finance's share price is $22.18. Logan Ridge Finance's Book Value per Sharefor the quarter that ended in Dec. 2023 was $33.34. Hence, Logan Ridge Finance's P/B Ratio of today is 0.67.


Logan Ridge Finance Price-to-Tangible-Book Historical Data

The historical data trend for Logan Ridge Finance'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.

Logan Ridge Finance Price-to-Tangible-Book Chart

Logan Ridge Finance Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 0.36 0.58 0.64 0.68

Logan Ridge Finance Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.64 0.60 0.58 0.60 0.68

Competitive Comparison of Logan Ridge Finance's Price-to-Tangible-Book

For the Asset Management subindustry, Logan Ridge Finance'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.


Logan Ridge Finance's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Logan Ridge Finance's Price-to-Tangible-Book falls into.



Logan Ridge Finance Price-to-Tangible-Book Calculation

Logan Ridge Finance's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=22.18/33.34
=0.67

* 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.


Logan Ridge Finance Price-to-Tangible-Book Related Terms

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


Logan Ridge Finance (Logan Ridge Finance) Business Description

Traded in Other Exchanges
Address
650 Madison Avenue, 23rd Floor, New York, NY, USA, 10022
Logan Ridge Finance Corp an externally managed non-diversified closed-end management investment company. Its investment objective is to generate both current income and capital appreciation through debt and equity investments. The company offers customized financing to business owners, management teams and financial sponsors for change of ownership transactions, recapitalizations, strategic acquisitions, business expansion and other growth initiatives.
Executives
Jennifer Kwon Chou director C/O THE GORES GROUP, 9800 WILSHIRE BOULEVARD, BEVERLY HILLS CA 90212
Patrick Schafer officer: Chief Investment Officer 650 MADISON AVENUE, NEW YORK NY 10022
Brandon Satoren officer: See Remarks 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
Edward J. Goldthorpe director, officer: CEO and President 650 MADISON AVENUE, NEW YORK NY 10022
Jason T Roos officer: CFO, Treasurer and Secretary 23 SPRINGHURST ROAD, BEDFORD HILLS NY 10507
David Held officer: Chief Compliance Officer 650 MADISON AVENUE, 23RD FLOOR, NEW YORK NY 10022
George Grunebaum director C/O ASHMORE INVESTMENT MANAGEMENT LTD., 61 ALDWYCH, LONDON X0 WC2B 4AE
Alexander Duka director 650 MADISON AVENUE, NEW YORK NY 10022
Robert Herman Warshauer director 8 GOLDEN POND ROAD, WEST HARRISON NY 10604
Larry W. Carroll director C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Alala Joseph B Iii director, officer: See Remarks C/O CAPITALA FINANCE CORP., 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Richard Wheelahan officer: Chief Compliance Officer C/O CAPITALA FINANCE CORP., 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Kevin A. Koonts officer: Chief Accounting Officer 4201 CONGRESS STREET, SUITE 360, CHARLOTTE NC 28209
Stephen A. Arnall officer: Chief Financial Officer C/O PARK STERLING BANK, 1043 EAST MOREHEAD STREET, SUITE 201, CHARLOTTE NC 28204
Markham Hunt Broyhill director 800 HICKORY BLVD. SW, LENOIR NC 28645

Logan Ridge Finance (Logan Ridge Finance) Headlines