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BHV (Blackrock Virginia Municipal Bond Trust) PB Ratio : 0.92 (As of Dec. 13, 2024)


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What is Blackrock Virginia Municipal Bond Trust 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 (2024-12-13), Blackrock Virginia Municipal Bond Trust's share price is $11.50. Blackrock Virginia Municipal Bond Trust's Book Value per Share for the quarter that ended in Jul. 2024 was $12.48. Hence, Blackrock Virginia Municipal Bond Trust's PB Ratio of today is 0.92.

Good Sign:

Blackrock Virginia Municipal Bond Trust stock PB Ratio (=0.91) is close to 1-year low of 0.85

The historical rank and industry rank for Blackrock Virginia Municipal Bond Trust's PB Ratio or its related term are showing as below:

BHV' s PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.05   Max: 1.32
Current: 0.92

During the past 13 years, Blackrock Virginia Municipal Bond Trust's highest PB Ratio was 1.32. The lowest was 0.67. And the median was 1.05.

BHV's PB Ratio is ranked better than
60.11% of 1662 companies
in the Asset Management industry
Industry Median: 0.95 vs BHV: 0.92

During the past 12 months, Blackrock Virginia Municipal Bond Trust's average Book Value Per Share Growth Rate was 0.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.40% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Blackrock Virginia Municipal Bond Trust was 5.70% per year. The lowest was -7.40% per year. And the median was -1.70% per year.

Back to Basics: PB Ratio


Blackrock Virginia Municipal Bond Trust PB Ratio Historical Data

The historical data trend for Blackrock Virginia Municipal Bond Trust'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.

Blackrock Virginia Municipal Bond Trust PB Ratio Chart

Blackrock Virginia Municipal Bond Trust Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Jul23 Jul24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.06 1.05 1.19 0.87 0.89

Blackrock Virginia Municipal Bond Trust Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Jan23 Jul23 Jan24 Jul24
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 1.23 0.92 0.87 0.86 0.89

Competitive Comparison of Blackrock Virginia Municipal Bond Trust's PB Ratio

For the Asset Management subindustry, Blackrock Virginia Municipal Bond Trust'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.


Blackrock Virginia Municipal Bond Trust's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackrock Virginia Municipal Bond Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Blackrock Virginia Municipal Bond Trust's PB Ratio falls into.



Blackrock Virginia Municipal Bond Trust 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.

Blackrock Virginia Municipal Bond Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Jul. 2024)
=11.50/12.476
=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.


Blackrock Virginia Municipal Bond Trust  (NYSE:BHV) 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.


Blackrock Virginia Municipal Bond Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of Blackrock Virginia Municipal Bond Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Blackrock Virginia Municipal Bond Trust Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Virginia Municipal Bond Trust is a perpetual closed-end municipal bond fund. Its objective is to provide current income exempt from regular Federal income taxes and Virginia personal income taxes.
Executives
Arthur Philip Steinmetz director 50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman officer: Chief Compliance Officer 50 HUDSON YARDS, NEW YORK NY 10001
Kristi Manidis Santiago other: Portfolio Manager 1 UNIVERSITY SQUARE DRIVE, PRINCETON NJ 08540
Walter Oconnor other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Michael Kalinoski other: Portfolio Manager 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Christian Romaglino other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Toronto Dominion Holdings Usa Inc 10 percent owner 40 WALL STREET, NEW YORK NY 10003
Dominion Bank Toronto 10 percent owner 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2
Toronto Dominion Investments, Inc. 10 percent owner 909 FANIN, SUITE 1950, HOUSTON TX 77010
Td Group Us Holdings Llc 10 percent owner 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055

Blackrock Virginia Municipal Bond Trust Headlines