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First Trust Highome Long/Short Fund Price-to-Tangible-Book

: 0.98 (As of Today)
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As of today (2020-09-20), First Trust Highome Long/Short Fund's share price is $14.26. First Trust Highome Long/Short Fund's Tangible Book per Share of Apr. 2020 for the quarter that ended in Apr. 2020 was $14.48. Hence, First Trust Highome Long/Short Fund's Price to Tangible Book Ratio of today is 0.98.

NYSE:FSD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 0.89   Max: 0.98
Current: 0.98

0.84
0.98

During the past 3 years, First Trust Highome Long/Short Fund's highest Price to Tangible Book Ratio was 0.98. The lowest was 0.84. And the median was 0.89.

NYSE:FSD's Price-to-Tangible-Book is ranked lower than
52% of the 1655 Companies
in the Asset Management industry.

( Industry Median: 0.96 vs. NYSE:FSD: 0.98 )

A closely related ratio is called PB Ratio. As of today, First Trust Highome Long/Short Fund's share price is $14.26. First Trust Highome Long/Short Fund's Book Value per Sharefor the quarter that ended in Apr. 2020 was $14.48. Hence, First Trust Highome Long/Short Fund's P/B Ratio of today is 0.98.


First Trust Highome Long/Short Fund Price-to-Tangible-Book Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

First Trust Highome Long/Short Fund Annual Data
Oct17 Oct18 Oct19
Price-to-Tangible-Book 0.93 0.84 0.91

First Trust Highome Long/Short Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20
Price-to-Tangible-Book Premium Member Only 0.88 0.84 0.87 0.91 0.89

Competitive Comparison
* 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.


First Trust Highome Long/Short Fund Price-to-Tangible-Book Distribution

* The bar in red indicates where First Trust Highome Long/Short Fund's Price-to-Tangible-Book falls into.



First Trust Highome Long/Short Fund Price-to-Tangible-Book Calculation

First Trust Highome Long/Short Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Apr. 2020 )
=14.26/14.482
=0.98

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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.


First Trust Highome Long/Short Fund Price-to-Tangible-Book Related Terms


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