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BCV (Bancroft Fund) PB Ratio : 0.92 (As of Mar. 13, 2025)


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What is Bancroft Fund PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2025-03-13), Bancroft Fund's share price is $17.62. Bancroft Fund's Book Value per Share for the quarter that ended in Sep. 2024 was $19.20. Hence, Bancroft Fund's PB Ratio of today is 0.92.

The historical rank and industry rank for Bancroft Fund's PB Ratio or its related term are showing as below:

BCV' s PB Ratio Range Over the Past 10 Years
Min: 0.5   Med: 0.89   Max: 1.24
Current: 0.92

During the past 13 years, Bancroft Fund's highest PB Ratio was 1.24. The lowest was 0.50. And the median was 0.89.

BCV's PB Ratio is ranked better than
50.24% of 1644 companies
in the Asset Management industry
Industry Median: 0.92 vs BCV: 0.92

During the past 12 months, Bancroft Fund's average Book Value Per Share Growth Rate was -4.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.30% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Bancroft Fund was 11.00% per year. The lowest was -12.70% per year. And the median was 5.50% per year.

Back to Basics: PB Ratio


Bancroft Fund PB Ratio Historical Data

The historical data trend for Bancroft Fund's PB Ratio 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.

Bancroft Fund PB Ratio Chart

Bancroft Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Sep24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.92 0.85 0.91 0.88 0.87

Bancroft Fund Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Mar24 Sep24
PB Ratio 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 0.91 0.89 0.88 0.86 0.87

Competitive Comparison of Bancroft Fund's PB Ratio

For the Asset Management subindustry, Bancroft Fund's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Bancroft Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Bancroft Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Bancroft Fund's PB Ratio falls into.



Bancroft Fund PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Bancroft Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2024)
=17.62/19.198
=0.92

* 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 Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.


Bancroft Fund  (AMEX:BCV) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.


Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.


Bancroft Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Bancroft Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Bancroft Fund Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, New York, NY, USA, 10580-1422
Bancroft Fund Ltd is a diversified closed-end management company. It operates as a closed-ended equity mutual fund. The funds' main objective is to provide income and potential for capital appreciation. With the intent to achieve its objective, the company invests in convertible and equity securities. It invests across different industries such as Computer Software and Services, Energy and Utilities, Health Care among others.
Executives
Mario J Gabelli director, other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
James Andrew Dinsmore officer: Vice President C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Kinchen C Bizzell director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
Jane D Okeeffe director, officer: President C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVE, MORRISTOWN NJ 07960
James P Conn director
Mercedes A Pierre other: former Vice President and CCO C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
Germaine M Ortiz officer: Vice President C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Peter M Finnican other: Adviser's Marketing Director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960

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