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Waddell & Reed Financial (Waddell & Reed Financial) Price-to-Tangible-Book : 2.75 (As of Apr. 26, 2024)


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What is Waddell & Reed Financial Price-to-Tangible-Book?

As of today (2024-04-26), Waddell & Reed Financial's share price is $24.98. Waddell & Reed Financial's Tangible Book per Share of Mar. 2021 for the quarter that ended in Mar. 2021 was $9.08. Hence, Waddell & Reed Financial's Price to Tangible Book Ratio of today is 2.75.

The historical rank and industry rank for Waddell & Reed Financial's Price-to-Tangible-Book or its related term are showing as below:

WDR' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.26   Med: 6.71   Max: 19.88
Current: 2.75

During the past 13 years, Waddell & Reed Financial's highest Price to Tangible Book Ratio was 19.88. The lowest was 1.26. And the median was 6.71.

WDR's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.93 vs WDR: 2.75

A closely related ratio is called PB Ratio. As of today, Waddell & Reed Financial's share price is $24.98. Waddell & Reed Financial's Book Value per Sharefor the quarter that ended in Mar. 2021 was $11.43. Hence, Waddell & Reed Financial's P/B Ratio of today is 2.18.


Waddell & Reed Financial Price-to-Tangible-Book Historical Data

The historical data trend for Waddell & Reed Financial'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.

Waddell & Reed Financial Price-to-Tangible-Book Chart

Waddell & Reed Financial Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.33 2.54 1.88 1.74 2.73

Waddell & Reed Financial Quarterly Data
Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.22 1.63 1.54 2.73 2.76

Competitive Comparison of Waddell & Reed Financial's Price-to-Tangible-Book

For the Asset Management subindustry, Waddell & Reed Financial'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.


Waddell & Reed Financial's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Waddell & Reed Financial's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Waddell & Reed Financial's Price-to-Tangible-Book falls into.



Waddell & Reed Financial Price-to-Tangible-Book Calculation

Waddell & Reed Financial's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Mar. 2021 )
=24.98/9.082
=2.75

* 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.


Waddell & Reed Financial Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Waddell & Reed Financial's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Waddell & Reed Financial (Waddell & Reed Financial) Business Description

Traded in Other Exchanges
N/A
Address
6300 Lamar Avenue, Overland Park, KS, USA, 66202
Waddell & Reed is a midsize asset manager that had $74.8 billion in assets under management at the end of 2020. The firm provides investment services for individual and institutional investors. Retail distribution, which accounts for 95% of managed assets, is handled through the company's own registered investment advisors (58% of AUM) and third-party broker/dealers and advisors (37%) in the wholesale channel. Equity-driven strategies account for an estimated 80% of total AUM, with fixed-income (18%) and money market (2%) offerings accounting for the remainder. The company has no discernible reach outside the United States.
Executives
Daniel P Hanson officer: SVP & CIO 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Mark P. Buyle officer: SVP, GC, CLO and Secretary 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Shawn M. Mihal officer: SVP - Wealth Management 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Amy J. Scupham officer: SVP - Distribution 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Christopher W. Rackers officer: SVP and CAO 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Benjamin R Clouse officer: SVP & CFO 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Michael John Daley officer: VP - Chief Acct Off,IR & Treas 11440 TOMAHAWK CREEK PARKWAY, LEAWOOD KS 66211
Brent K Bloss officer: President 6300 LAMAR AVE OVERLAND PARK KS 66202
Philip James Sanders director, officer: CEO 6300 LAMAR AVENUE, OVERLAND PARK KS 66202
Kline Katherine M. A. director 100 PIER 1 PLACE, FORT WORTH TX 76102
Weaver Constance K director 2900 ESPERANZA CROSSING, 2ND FLOOR, AUSTIN TX 78758
Sharilyn S Gasaway director ONE ALLIED DRIVE, LITTLE ROCK AR 72202
James A. Jessee director 6300 LAMAR AVENUE OVERLAND PARK KS 66202
Alan W Kosloff director 6300 LAMAR AVE OVERLAND PARK KS 66202
Thomas C Godlasky director 6300 LAMAR AVENUE OVERLAND PARK KS 66202