As of today (2024-04-23), Blackstone's share price is $124.31. Blackstone's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $6.23. Hence, Blackstone's Price to Tangible Book Ratio of today is 19.94.
The historical rank and industry rank for Blackstone's Price-to-Tangible-Book or its related term are showing as below:
BX'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 3.88 Med: 6.46 Max: 21
Current: 19.95
During the past 13 years, Blackstone's highest Price to Tangible Book Ratio was 21.00. The lowest was 3.88. And the median was 6.46.
BX's Price-to-Tangible-Book is ranked worse than 98.89% of 1623
companies
in the Asset Management industry
Industry Median: 0.93
vs BX: 19.95
A closely related ratio is called PB Ratio. As of today, Blackstone's share price is $124.31. Blackstone's Book Value per Sharefor the quarter that ended in Dec. 2023 was $8.99. Hence, Blackstone's P/B Ratio of today is 13.82.
Blackstone Price-to-Tangible-Book Historical Data
The historical data trend for Blackstone'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.
For the Asset Management subindustry, Blackstone'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 Price-to-Tangible-Book Distribution
For the Asset Management industry and Financial Services sector, Blackstone's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Blackstone's Price-to-Tangible-Book falls into.
Blackstone Price-to-Tangible-Book Calculation
Blackstone'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.
Blackstone Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Blackstone's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Blackstone is the world's largest alternative asset managers with $1.001 trillion in total asset under management, including $731.1 billion in fee-earning asset under management, at the end of June 2023. The company has four core business segments: private equity (23% of fee-earning AUM and 27% of base management fees); real estate (39% and 44%); credit & insurance (28% and 21%); and hedge fund solutions (10% and 8%). While the firm primarily serves institutional investors (87% of AUM), it also caters to clients in the high-net-worth channel (13%). Blackstone operates through 25 offices located in the Americas (8), Europe and the Middle East (9), and the Asia-Pacific region (8).
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