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Voya Asia Pacific High Dividend Equityome Fund (Voya Asia Pacific High Dividend Equityome Fund) Price-to-Tangible-Book : 0.87 (As of Apr. 25, 2024)


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What is Voya Asia Pacific High Dividend Equityome Fund Price-to-Tangible-Book?

As of today (2024-04-25), Voya Asia Pacific High Dividend Equityome Fund's share price is $6.03. Voya Asia Pacific High Dividend Equityome Fund's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was $6.90. Hence, Voya Asia Pacific High Dividend Equityome Fund's Price to Tangible Book Ratio of today is 0.87.

The historical rank and industry rank for Voya Asia Pacific High Dividend Equityome Fund's Price-to-Tangible-Book or its related term are showing as below:

IAE' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86   Med: 0.89   Max: 0.93
Current: 0.87

During the past 6 years, Voya Asia Pacific High Dividend Equityome Fund's highest Price to Tangible Book Ratio was 0.93. The lowest was 0.86. And the median was 0.89.

IAE's Price-to-Tangible-Book is ranked better than
65.95% of 1624 companies
in the Asset Management industry
Industry Median: 0.93 vs IAE: 0.87

A closely related ratio is called PB Ratio. As of today, Voya Asia Pacific High Dividend Equityome Fund's share price is $6.03. Voya Asia Pacific High Dividend Equityome Fund's Book Value per Sharefor the quarter that ended in Aug. 2023 was $6.90. Hence, Voya Asia Pacific High Dividend Equityome Fund's P/B Ratio of today is 0.87.


Voya Asia Pacific High Dividend Equityome Fund Price-to-Tangible-Book Historical Data

The historical data trend for Voya Asia Pacific High Dividend Equityome 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.

Voya Asia Pacific High Dividend Equityome Fund Price-to-Tangible-Book Chart

Voya Asia Pacific High Dividend Equityome Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.90 0.86 0.93 0.89 0.88

Voya Asia Pacific High Dividend Equityome Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.92 0.89 0.87 0.88 0.86

Competitive Comparison of Voya Asia Pacific High Dividend Equityome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Voya Asia Pacific High Dividend Equityome 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.


Voya Asia Pacific High Dividend Equityome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Asia Pacific High Dividend Equityome Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Voya Asia Pacific High Dividend Equityome Fund's Price-to-Tangible-Book falls into.



Voya Asia Pacific High Dividend Equityome Fund Price-to-Tangible-Book Calculation

Voya Asia Pacific High Dividend Equityome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Aug. 2023 )
=6.03/6.897
=0.87

* 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.


Voya Asia Pacific High Dividend Equityome Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Voya Asia Pacific High Dividend Equityome Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Voya Asia Pacific High Dividend Equityome Fund (Voya Asia Pacific High Dividend Equityome Fund) Business Description

Traded in Other Exchanges
N/A
Address
7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Asia Pacific High Dividend Equity Income Fund is a United States-based diversified, closed-end fund. The fund's investment objective is total return through a combination of current income, capital gains, and capital appreciation. Under normal market conditions, the fund seeks to achieve its investment objective by investing in a portfolio of dividend-yielding equity securities of Asia Pacific companies.
Executives
Steven Wetter officer: SVP, PM 230 PARK AVENUE, 14 FL, NEW YORK NY 10169
Margaret Diorio officer: SVP, PM 230 PARK AVENUE, NEW YORK NY 10169
Paul Zemsky other: SMD, CIO 230 PARK AVENUE, NEW YORK NY 10169
Vincent J Costa other: Managing Director 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Mark Weber officer: Senior Managing Director 230 PARK AVENUE, NEW YORK NY 10169
Dina Santoro officer: Managing Director VOYA INVESTMENT MANAGEMENT, 230 PARK AVENUE, NEW YORK NY 10169
Christopher P Sullivan director 27 LEE TERRACE, SHORT HILLS NJ 07078
Michael Allyn Bell officer: MD & Chief Financial Officer 230 PARK AVENUE, NEW YORK NY 10169
Russell H Jones director
Joseph E Obermeyer director 9909 NE 4TH AVENUE ROAD, MIAMI SHORES FL 33138
Deprince Albert E Jr director 3029 ST. JOHNS DRIVE, MURFREESBORO TN 37129
Martin J Gavin director 282 WASHINGTON STREET, HARTFORD CT 06106
Manu Vandenbulck other: Portfolio Manager PRINSES BEATRIXLAAN 15, DEN HAAG P7 2595AK
Nicolas Simar other: Portfolio Manager PRINSES BEATRIXLAAN 15, DEN HAAG P7 2595AK
Satish Sadashiv Bapat officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS

Voya Asia Pacific High Dividend Equityome Fund (Voya Asia Pacific High Dividend Equityome Fund) Headlines