Brookfield Real Assetsome Fund Price-to-Tangible-Book Definition
As of today (2024-04-24), Brookfield Real Assetsome Fund's share price is $12.585. Brookfield Real Assetsome Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $14.93. Hence, Brookfield Real Assetsome Fund's Price to Tangible Book Ratio of today is 0.84.
The historical rank and industry rank for Brookfield Real Assetsome Fund's Price-to-Tangible-Book or its related term are showing as below:
RA'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84 Med: 0.92 Max: 1.05
Current: 0.84
During the past 7 years, Brookfield Real Assetsome Fund's highest Price to Tangible Book Ratio was 1.05. The lowest was 0.84. And the median was 0.92.
RA's Price-to-Tangible-Book is ranked better than 70.36% of 1623
companies
in the Asset Management industry
Industry Median: 0.93
vs RA: 0.84
A closely related ratio is called PB Ratio. As of today, Brookfield Real Assetsome Fund's share price is $12.585. Brookfield Real Assetsome Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was $14.93. Hence, Brookfield Real Assetsome Fund's P/B Ratio of today is 0.84.
Brookfield Real Assetsome Fund Price-to-Tangible-Book Historical Data
The historical data trend for Brookfield Real Assetsome 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.
For the Asset Management subindustry, Brookfield Real Assetsome 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.
Brookfield Real Assetsome Fund Price-to-Tangible-Book Distribution
For the Asset Management industry and Financial Services sector, Brookfield Real Assetsome Fund's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Brookfield Real Assetsome Fund's Price-to-Tangible-Book falls into.
Brookfield Real Assetsome Fund Price-to-Tangible-Book Calculation
Brookfield Real Assetsome Fund's price-to-tangible-book ratio for today is calculated as:
* 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.
Brookfield Real Assetsome Fund Price-to-Tangible-Book Related Terms
Thank you for viewing the detailed overview of Brookfield Real Assetsome Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Brookfield Real Assetsome Fund (Brookfield Real Assetsome Fund) Business Description
Brookfield Real Assets Income Fund Inc. is a diversified, closed-end management investment company. Its investment objective is to seek a high total return, through high current income and secondarily, through the growth of capital. The Fund seeks to achieve its investment objective by investing in the real asset class, which includes the following: Real Estate Securities; Infrastructure Securities; and Natural Resources Securities (collectively, Real Asset Companies and Issuers). The Firm manages separate accounts, registered funds, and opportunistic strategies for institutional and individual clients, including financial institutions, public and private pension plans, insurance companies, endowments and foundations, sovereign wealth funds, and high-net-worth investors.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RA has been successfully added to your 