The historical rank and industry rank for John Hancock Preferredome Fund II's Price-to-Tangible-Book or its related term are showing as below:
HPF'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.95 Med: 1.03 Max: 1.12
Current: 1.04
During the past 7 years, John Hancock Preferredome Fund II's highest Price to Tangible Book Ratio was 1.12. The lowest was 0.95. And the median was 1.03.
HPF's Price-to-Tangible-Book is ranked worse than 71.12% of 1624
companies
in the Asset Management industry
Industry Median: 0.93
vs HPF: 1.04
* 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.
John Hancock Preferredome Fund II Price-to-Tangible-Book Chart
Competitive Comparison of John Hancock Preferredome Fund II's Price-to-Tangible-Book
For the Asset Management subindustry, John Hancock Preferredome Fund II'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.
John Hancock Preferredome Fund II's Price-to-Tangible-Book Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Preferredome Fund II's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where John Hancock Preferredome Fund II's Price-to-Tangible-Book falls into.
John Hancock Preferredome Fund II 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.
John Hancock Preferredome Fund II Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of John Hancock Preferredome Fund II's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
John Hancock Preferredome Fund II (John Hancock Preferredome Fund II) Business Description
John Hancock Preferred Income Fund II is the United States based closed-end, diversified management investment company. Its primary objective is to provide a high level of current income consistent with preservation of capital. The fund's secondary investment objective is to provide growth of capital to the extent consistent with its primary investment objective. The fund's principal investment strategies include to invests a majority of its assets in preferred stocks and other preferred securities, including convertible preferred securities. Its portfolio composition consists of U.S preferred securities, common stocks, foreign preferred securities, corporate bonds, capital preferred securities and short-term investments.
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