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Pioneer Floating Rate Trust Price-to-Tangible-Book

: 1.01 (As of Today)
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As of today (2020-09-28), Pioneer Floating Rate Trust's share price is $10.26. Pioneer Floating Rate Trust's Tangible Book per Share of May. 2020 for the quarter that ended in May. 2020 was $10.20. Hence, Pioneer Floating Rate Trust's Price to Tangible Book Ratio of today is 1.01.

NYSE:PHD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86   Med: 0.89   Max: 1.01
Current: 1.01

0.86
1.01

During the past 3 years, Pioneer Floating Rate Trust's highest Price to Tangible Book Ratio was 1.01. The lowest was 0.86. And the median was 0.89.

NYSE:PHD's Price-to-Tangible-Book is ranked lower than
61% of the 1647 Companies
in the Asset Management industry.

( Industry Median: 0.95 vs. NYSE:PHD: 1.01 )

A closely related ratio is called PB Ratio. As of today, Pioneer Floating Rate Trust's share price is $10.26. Pioneer Floating Rate Trust's Book Value per Sharefor the quarter that ended in May. 2020 was $10.20. Hence, Pioneer Floating Rate Trust's P/B Ratio of today is 1.01.


Pioneer Floating Rate Trust 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.

Pioneer Floating Rate Trust Annual Data
Nov17 Nov18 Nov19
Price-to-Tangible-Book 0.92 0.86 0.89

Pioneer Floating Rate Trust Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20
Price-to-Tangible-Book Premium Member Only 0.92 0.86 0.86 0.89 0.88

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.


Pioneer Floating Rate Trust Price-to-Tangible-Book Distribution

* The bar in red indicates where Pioneer Floating Rate Trust's Price-to-Tangible-Book falls into.



Pioneer Floating Rate Trust Price-to-Tangible-Book Calculation

Pioneer Floating Rate Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: May. 2020 )
=10.26/10.203
=1.01

* 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.


Pioneer Floating Rate Trust Price-to-Tangible-Book Related Terms


Pioneer Floating Rate Trust Price-to-Tangible-Book Headlines

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