GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Virtus AllianzGI Diversified Income & Convertible Fund (NYSE:ACV) » Definitions » Price-to-Tangible-Book

Virtus AllianzGI Diversifiedomenvertible Fund (Virtus AllianzGI Diversifiedomenvertible Fund) Price-to-Tangible-Book : 1.07 (As of Apr. 26, 2024)


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

What is Virtus AllianzGI Diversifiedomenvertible Fund Price-to-Tangible-Book?

As of today (2024-04-26), Virtus AllianzGI Diversifiedomenvertible Fund's share price is $22.77. Virtus AllianzGI Diversifiedomenvertible Fund's Tangible Book per Share of Jan. 2023 for the quarter that ended in Jan. 2023 was $21.22. Hence, Virtus AllianzGI Diversifiedomenvertible Fund's Price to Tangible Book Ratio of today is 1.07.

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

ACV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.92   Med: 1.02   Max: 1.09
Current: 1.09

During the past 7 years, Virtus AllianzGI Diversifiedomenvertible Fund's highest Price to Tangible Book Ratio was 1.09. The lowest was 0.92. And the median was 1.02.

ACV's Price-to-Tangible-Book is ranked worse than
73.44% of 1623 companies
in the Asset Management industry
Industry Median: 0.93 vs ACV: 1.09

A closely related ratio is called PB Ratio. As of today, Virtus AllianzGI Diversifiedomenvertible Fund's share price is $22.77. Virtus AllianzGI Diversifiedomenvertible Fund's Book Value per Sharefor the quarter that ended in Jan. 2023 was $21.22. Hence, Virtus AllianzGI Diversifiedomenvertible Fund's P/B Ratio of today is 1.07.


Virtus AllianzGI Diversifiedomenvertible Fund Price-to-Tangible-Book Historical Data

The historical data trend for Virtus AllianzGI Diversifiedomenvertible 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.

Virtus AllianzGI Diversifiedomenvertible Fund Price-to-Tangible-Book Chart

Virtus AllianzGI Diversifiedomenvertible Fund Annual Data
Trend Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Price-to-Tangible-Book
Get a 7-Day Free Trial 1.02 0.92 1.02 1.07 1.08

Virtus AllianzGI Diversifiedomenvertible Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 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 0.94 1.02 0.99 1.07 1.08

Competitive Comparison of Virtus AllianzGI Diversifiedomenvertible Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Virtus AllianzGI Diversifiedomenvertible 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.


Virtus AllianzGI Diversifiedomenvertible Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Virtus AllianzGI Diversifiedomenvertible Fund's Price-to-Tangible-Book falls into.



Virtus AllianzGI Diversifiedomenvertible Fund Price-to-Tangible-Book Calculation

Virtus AllianzGI Diversifiedomenvertible Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2023 )
=22.77/21.215
=1.07

* 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.


Virtus AllianzGI Diversifiedomenvertible Fund Price-to-Tangible-Book Related Terms

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


Virtus AllianzGI Diversifiedomenvertible Fund (Virtus AllianzGI Diversifiedomenvertible Fund) Business Description

Traded in Other Exchanges
N/A
Address
101 Munson Street, Greenfield, MA, USA, 01301
Virtus AllianzGI Diversified Income & Convertible Fund 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 while seeking to provide downside protection against capital loss. It seeks to achieve its investment objective by investing in a combination of convertible securities, debt and other income-producing instruments and common stocks and other equity securities.
Executives
Mcdaniel Connie D director C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, 26TH FL., HARTFORD CT 06103
Geraldine M Mcnamara director 150 EAST 44TH ST, APT 35G, NEW YORK NY 10017
Voya Investment Management Co other: Subadviser to the issuer 10 STATE HOUSE SQUARE, SH12, HARTFORD CT 06103-3602
Christine Hurtsellers other: CEO - Subadviser to the issuer 230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa other: CIO-Subadviser to the issuer 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Paul Zemsky other: CIO-Subadviser to the issuer 230 PARK AVENUE, NEW YORK NY 10169
Deborah A Decotis director 1633 BROADWAY, NEW YORK NY 10019
David J. Oberto officer: Portfolio Manager 1633 BROADWAY, NEW YORK NY 10019
R Keith Walton director 100 PEARL STREET, HARTFORD CT 06103
Brian T Zino director 100 PARK AVENUE, NEW YORK NY 10017
George R Aylward director, officer: President and CEO C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Richard W Smirl officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
Bradley William Patrick Iii officer: EVP, CFO and Treasurer C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Francis G Waltman officer: EVP C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Philip R Mcloughlin director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536