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Western Asset Inflation-Linked Opportunities andome Fund (Western Asset Inflation-Linked Opportunities andome Fund) Price-to-Tangible-Book : 0.84 (As of Apr. 26, 2024)


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What is Western Asset Inflation-Linked Opportunities andome Fund Price-to-Tangible-Book?

As of today (2024-04-26), Western Asset Inflation-Linked Opportunities andome Fund's share price is $8.35. Western Asset Inflation-Linked Opportunities andome Fund's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $9.92. Hence, Western Asset Inflation-Linked Opportunities andome Fund's Price to Tangible Book Ratio of today is 0.84.

The historical rank and industry rank for Western Asset Inflation-Linked Opportunities andome Fund's Price-to-Tangible-Book or its related term are showing as below:

WIW' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 0.87   Max: 0.93
Current: 0.84

During the past 7 years, Western Asset Inflation-Linked Opportunities andome Fund's highest Price to Tangible Book Ratio was 0.93. The lowest was 0.84. And the median was 0.87.

WIW's Price-to-Tangible-Book is ranked better than
70.14% of 1624 companies
in the Asset Management industry
Industry Median: 0.93 vs WIW: 0.84

A closely related ratio is called PB Ratio. As of today, Western Asset Inflation-Linked Opportunities andome Fund's share price is $8.35. Western Asset Inflation-Linked Opportunities andome Fund's Book Value per Sharefor the quarter that ended in Nov. 2023 was $9.92. Hence, Western Asset Inflation-Linked Opportunities andome Fund's P/B Ratio of today is 0.84.


Western Asset Inflation-Linked Opportunities andome Fund Price-to-Tangible-Book Historical Data

The historical data trend for Western Asset Inflation-Linked Opportunities andome 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.

Western Asset Inflation-Linked Opportunities andome Fund Price-to-Tangible-Book Chart

Western Asset Inflation-Linked Opportunities andome Fund Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.87 0.87 0.93 0.87 0.86

Western Asset Inflation-Linked Opportunities andome Fund Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 0.93 0.89 0.87 0.86 0.86

Competitive Comparison of Western Asset Inflation-Linked Opportunities andome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Western Asset Inflation-Linked Opportunities andome 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.


Western Asset Inflation-Linked Opportunities andome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Western Asset Inflation-Linked Opportunities andome Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Western Asset Inflation-Linked Opportunities andome Fund's Price-to-Tangible-Book falls into.



Western Asset Inflation-Linked Opportunities andome Fund Price-to-Tangible-Book Calculation

Western Asset Inflation-Linked Opportunities andome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=8.35/9.919
=0.84

* 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.


Western Asset Inflation-Linked Opportunities andome Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Western Asset Inflation-Linked Opportunities andome Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Western Asset Inflation-Linked Opportunities andome Fund (Western Asset Inflation-Linked Opportunities andome Fund) Business Description

Traded in Other Exchanges
N/A
Address
620 Eighth Avenue, 47th Floor, New York, NY, USA, 10018
Western Asset Inflation-Linked Opportunities and Income Fund is a diversified, closed-end management investment company. Its primary investment objective of the group is to provide current income for its shareholders. The secondary investment objective is capital appreciation with current income.
Executives
Michael Larson director 2365 CARILLON POINT, KIRKLAND WA 98033
Hoffmann Courtney A. other: Secretary/GC Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Cascade Investment, L.l.c. 10 percent owner 2365 CARILLON POINT, KIRKLAND WA 98033
Andrew J. Bowden other: COO/Subadviser WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101
Oliveira Marc De officer: Secretary / Chief LGL Officer C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Jed A. Plafker other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jennifer M Johnson other: Director of Investment Adviser C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906
Matthew Nicholls other: Director of Investment Adviser ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Peter J. Taylor director 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770
Susan B Kerley director 51 MADISON AVENUE, NEW YORK NY 10010
Jaynie M Studenmund director 506 SECOND AVENUE, 9TH FLOOR, SEATTLE WA 98104
Jane F Dasher director KORSNAT PARTNERS, 283 GREENWICH AVE 3RD FL, GREENWICH CT 06830
Anita L Defrantz director 736 RAYMOND AVENUE, SANTA MONICA CA 90405
Siart William E B director 266 TOYOPA DRIVE, PACIFIC PALISADES CA 90272
Robert Jr Abeles director 3018 ANNITA DRIVE, GLENDALE CA 91206

Western Asset Inflation-Linked Opportunities andome Fund (Western Asset Inflation-Linked Opportunities andome Fund) Headlines

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