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Adams Diversified Equity Fund (Adams Diversified Equity Fund) Price-to-Tangible-Book : 0.92 (As of Apr. 25, 2024)


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What is Adams Diversified Equity Fund Price-to-Tangible-Book?

As of today (2024-04-25), Adams Diversified Equity Fund's share price is $18.83. Adams Diversified Equity Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $20.56. Hence, Adams Diversified Equity Fund's Price to Tangible Book Ratio of today is 0.92.

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

ADX' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 0.86   Max: 0.92
Current: 0.92

During the past 7 years, Adams Diversified Equity Fund's highest Price to Tangible Book Ratio was 0.92. The lowest was 0.84. And the median was 0.86.

ADX's Price-to-Tangible-Book is ranked better than
54.99% of 1624 companies
in the Asset Management industry
Industry Median: 0.93 vs ADX: 0.92

A closely related ratio is called PB Ratio. As of today, Adams Diversified Equity Fund's share price is $18.83. Adams Diversified Equity Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was $20.56. Hence, Adams Diversified Equity Fund's P/B Ratio of today is 0.92.


Adams Diversified Equity Fund Price-to-Tangible-Book Historical Data

The historical data trend for Adams Diversified Equity 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.

Adams Diversified Equity Fund Price-to-Tangible-Book Chart

Adams Diversified Equity Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.88 0.86 0.86 0.84 0.86

Adams Diversified Equity Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.86 0.85 0.84 0.84 0.86

Competitive Comparison of Adams Diversified Equity Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Adams Diversified Equity 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.


Adams Diversified Equity Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Adams Diversified Equity Fund's Price-to-Tangible-Book falls into.



Adams Diversified Equity Fund Price-to-Tangible-Book Calculation

Adams Diversified Equity Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=18.83/20.563
=0.92

* 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.


Adams Diversified Equity Fund Price-to-Tangible-Book Related Terms

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


Adams Diversified Equity Fund (Adams Diversified Equity Fund) Business Description

Traded in Other Exchanges
N/A
Address
500 East Pratt Street, Suite 1300, Baltimore, MD, USA, 21202
Adams Diversified Equity Fund Inc is a diversified investment company. It is an internally-managed closed-end fund. The investment objectives of the company are the preservation of capital, the attainment of reasonable income from investments, and an opportunity for capital appreciation.
Executives
Mary Christine Gay director 3600 LAS VEGAS BOULEVARD SOUTH, LAS VEGAS NV 89109
Jane Musser Nelson director 100 FEDERAL STREET, 31ST FLOOR, BOSTON MA 02110
Frederic A Escherich director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Mark E. Stoeckle officer: CEO ADAMS FUNDS, 500 EAST PRATT ST., STE. 1300, BALTIMORE MD 21202
Janis F. Kerns officer: Gen Counsel,Corp Sec, CCO ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Lauriann C Kloppenburg director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Craig R Smith director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Kenneth James Dale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Swindell Douglas Cotton officer: E.V.P. ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
James P. Haynie officer: President ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Roger W Gale director ADAMS FUNDS, 500 EAST PRATT STREET, SUITE 1300, BALTIMORE MD 21202
Hooper Lawrence L Jr officer: VP, Sec'y & Gen'l Counsel 500 EAST PRATT STREET, STE 1300, BALTIMORE MD 21202
Prue Nancy J F officer: Executive Vice President 775 BRUSHWOOD COURT, MILLERSVILLE MD 21108
Douglas G Ober director, officer: Chairman & CEO 7 ST PAUL STREET, STE 1140, BALTIMORE MD 21202
Gregory Hazlett director C/O ABERDEEN ASSET MANAGEMENT INC, 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103

Adams Diversified Equity Fund (Adams Diversified Equity Fund) Headlines