The historical rank and industry rank for Blackstone Strategic Credit Fund's Price-to-Tangible-Book or its related term are showing as below:
BGB'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.88 Med: 0.89 Max: 0.94
Current: 0.93
During the past 7 years, Blackstone Strategic Credit Fund's highest Price to Tangible Book Ratio was 0.94. The lowest was 0.88. And the median was 0.89.
BGB's Price-to-Tangible-Book is ranked better than 51.63% of 1623
companies
in the Asset Management industry
Industry Median: 0.93
vs BGB: 0.93
* 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.
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Blackstone Strategic Credit Fund Price-to-Tangible-Book Chart
Competitive Comparison of Blackstone Strategic Credit Fund's Price-to-Tangible-Book
For the Asset Management subindustry, Blackstone Strategic Credit 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.
Blackstone Strategic Credit Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Blackstone Strategic Credit Fund's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Blackstone Strategic Credit Fund's Price-to-Tangible-Book falls into.
Blackstone Strategic Credit Fund Price-to-Tangible-Book Calculation
* 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.
Blackstone Strategic Credit Fund Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Blackstone Strategic Credit Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Blackstone Strategic Credit Fund (Blackstone Strategic Credit Fund) Business Description
Blackstone Strategic Credit Fund is a closed-end term fund. Its primary investment objective is to seek high current income. The secondary objective of the fund is to seek the preservation of capital. It invests primarily in diversified portfolios or loans and other fixed-income instruments of predominantly US Corporate issuers, including first? and second?lien loans (Senior Secured Loans) and high-yield corporate bonds of varying maturities.
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