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Blackrock Muniyield California Fund, (Blackrock Muniyield California Fund,) Price-to-Tangible-Book : 0.82 (As of Apr. 26, 2024)


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What is Blackrock Muniyield California Fund, Price-to-Tangible-Book?

As of today (2024-04-26), Blackrock Muniyield California Fund,'s share price is $12.50. Blackrock Muniyield California Fund,'s Tangible Book per Share of Jan. 2022 for the quarter that ended in Jan. 2022 was $15.29. Hence, Blackrock Muniyield California Fund,'s Price to Tangible Book Ratio of today is 0.82.

The historical rank and industry rank for Blackrock Muniyield California Fund,'s Price-to-Tangible-Book or its related term are showing as below:

MYC's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.93
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Blackrock Muniyield California Fund,'s share price is $12.50. Blackrock Muniyield California Fund,'s Book Value per Sharefor the quarter that ended in Jan. 2022 was $15.29. Hence, Blackrock Muniyield California Fund,'s P/B Ratio of today is 0.82.


Blackrock Muniyield California Fund, Price-to-Tangible-Book Historical Data

The historical data trend for Blackrock Muniyield California 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.

Blackrock Muniyield California Fund, Price-to-Tangible-Book Chart

Blackrock Muniyield California Fund, Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21
Price-to-Tangible-Book
- 0.87 0.91 0.89 0.93

Blackrock Muniyield California Fund, Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.89 0.89 0.93 0.92

Competitive Comparison of Blackrock Muniyield California Fund,'s Price-to-Tangible-Book

For the Asset Management subindustry, Blackrock Muniyield California 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.


Blackrock Muniyield California Fund,'s Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Muniyield California Fund,'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Blackrock Muniyield California Fund,'s Price-to-Tangible-Book falls into.



Blackrock Muniyield California Fund, Price-to-Tangible-Book Calculation

Blackrock Muniyield California Fund,'s price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2022 )
=12.50/15.29
=0.82

* 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.


Blackrock Muniyield California Fund, Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Blackrock Muniyield California Fund,'s Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock Muniyield California Fund, (Blackrock Muniyield California Fund,) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniyield California Fund, Inc is a non-diversified, closed-end management investment company. The fund's investment objective is to provide shareholders with as high a level of current income exempt from Federal and California income taxes. It invests primarily in investment grade, long-term municipal obligations.
Executives
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Michael Perilli other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055
Barbara Novick director 21 PINE COURT, NEW PROVIDENCE NJ 07974
Charles Park officer: Chief Compliance Officer 55 EAST 52ND STREET, NEW YORK NY 10055
Citigroup Inc 10 percent owner 388 GREENWICH STREET, NEW YORK NY 10013
Robert Crothers officer: Vice President 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Muniyield California Fund, (Blackrock Muniyield California Fund,) Headlines