GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Canadian General Investments Ltd (TSX:CGI) » Definitions » Price-to-Tangible-Book

Canadian General Investments (TSX:CGI) Price-to-Tangible-Book

: 0.76 (As of Today)
View and export this data going back to 1995. Start your Free Trial

As of today (2024-04-19), Canadian General Investments's share price is C$36.85. Canadian General Investments's Tangible Book per Share of Dec. 2022 for the quarter that ended in Dec. 2022 was C$48.24. Hence, Canadian General Investments's Price to Tangible Book Ratio of today is 0.76.

The historical rank and industry rank for Canadian General Investments's Price-to-Tangible-Book or its related term are showing as below:

TSX:CGI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.62   Med: 0.71   Max: 0.77
Current: 0.66

During the past 13 years, Canadian General Investments's highest Price to Tangible Book Ratio was 0.77. The lowest was 0.62. And the median was 0.71.

TSX:CGI's Price-to-Tangible-Book is ranked better than
82.4% of 1625 companies
in the Asset Management industry
Industry Median: 0.93 vs TSX:CGI: 0.66

A closely related ratio is called PB Ratio. As of today, Canadian General Investments's share price is C$36.85. Canadian General Investments's Book Value per Sharefor the quarter that ended in Dec. 2022 was C$48.24. Hence, Canadian General Investments's P/B Ratio of today is 0.76.


Canadian General Investments Price-to-Tangible-Book Historical Data

The historical data trend for Canadian General Investments'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.

Canadian General Investments Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.71 0.70 0.72 0.68 0.62

Canadian General Investments Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Dec23
Price-to-Tangible-Book 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 Premium Member Only Premium Member Only Premium Member Only 0.68 0.72 0.71 0.68 0.62

Competitive Comparison

For the Asset Management subindustry, Canadian General Investments'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.


Canadian General Investments Price-to-Tangible-Book Distribution

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

* The bar in red indicates where Canadian General Investments's Price-to-Tangible-Book falls into.



Canadian General Investments Price-to-Tangible-Book Calculation

Canadian General Investments's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2022 )
=36.85/48.239
=0.76

* 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.


Canadian General Investments Price-to-Tangible-Book Related Terms

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


Canadian General Investments (TSX:CGI) Business Description

Traded in Other Exchanges
Address
10 Toronto Street, Toronto, ON, CAN, M5C 2B7
Canadian General Investments Ltd is a Canadian closed-end investment fund. Its investment objective is to provide better than average returns to investors by investing in medium- to long-term investments. The company's strategy involves prudent security selection and recognition of capital gains or losses. CGI's investment portfolio entails companies in multiple sectors such as Information Technology, Industrials, materials, financials, consumer discretionary, energy, Real Estate, Communication Services, Health Care, Cash, and Utilities.

Canadian General Investments (TSX:CGI) Headlines

No Headlines