As of today (2024-04-18), Saba Capitalome & Opportunities Fund's share price is $7.15. Saba Capitalome & Opportunities Fund's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $8.32. Hence, Saba Capitalome & Opportunities Fund's Price to Tangible Book Ratio of today is 0.86.
The historical rank and industry rank for Saba Capitalome & Opportunities Fund's Price-to-Tangible-Book or its related term are showing as below:
BRW'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86 Med: 0.91 Max: 0.93
Current: 0.86
During the past 6 years, Saba Capitalome & Opportunities Fund's highest Price to Tangible Book Ratio was 0.93. The lowest was 0.86. And the median was 0.91.
BRW's Price-to-Tangible-Book is ranked better than 65.97% of 1625
companies
in the Asset Management industry
Industry Median: 0.93
vs BRW: 0.86
A closely related ratio is called PB Ratio. As of today, Saba Capitalome & Opportunities Fund's share price is $7.15. Saba Capitalome & Opportunities Fund's Book Value per Sharefor the quarter that ended in Oct. 2023 was $8.32. Hence, Saba Capitalome & Opportunities Fund's P/B Ratio of today is 0.86.
Saba Capitalome & Opportunities Fund Price-to-Tangible-Book Historical Data
The historical data trend for Saba Capitalome & Opportunities 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.
Saba Capitalome & Opportunities Fund Annual Data
Trend
Feb18
Feb19
Feb20
Feb21
Oct22
Oct23
Price-to-Tangible-Book
0.87
0.93
0.93
0.91
0.89
Saba Capitalome & Opportunities Fund Semi-Annual Data
Aug17
Feb18
Aug18
Feb19
Aug19
Feb20
Aug20
Feb21
Aug21
Apr22
Oct22
Apr23
Oct23
Price-to-Tangible-Book
0.93
0.93
0.91
0.92
0.89
Competitive Comparison
For the Asset Management subindustry, Saba Capitalome & Opportunities 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.
Saba Capitalome & Opportunities Fund Price-to-Tangible-Book Distribution
For the Asset Management industry and Financial Services sector, Saba Capitalome & Opportunities Fund's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Saba Capitalome & Opportunities Fund's Price-to-Tangible-Book falls into.
Saba Capitalome & Opportunities Fund Price-to-Tangible-Book Calculation
Saba Capitalome & Opportunities Fund's price-to-tangible-book ratio for today is calculated as:
* 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.
Saba Capitalome & Opportunities Fund Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Saba Capitalome & Opportunities Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Saba Capitalome & Opportunities Fund (Saba Capitalome & Opportunities Fund) Business Description
Saba Capital Income & Opportunities Fund t is a diversified, closed-end management investment company. It seeks to provide investors with a high level of current income, with a secondary goal of capital appreciation. It invests globally in debt and equity securities of public and private companies, which includes, investing in closed-end funds, public and private debt instruments, and other securities.
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