GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Technology and Private Equity Term Trust (NYSE:BTX) » Definitions » PB Ratio

BTX (BlackRock Technology and Private Equity Term Trust) PB Ratio : 0.72 (As of Apr. 11, 2025)


View and export this data going back to 2021. Start your Free Trial

What is BlackRock Technology and Private Equity Term 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 (2025-04-11), BlackRock Technology and Private Equity Term Trust's share price is $6.01. BlackRock Technology and Private Equity Term Trust's Book Value per Share for the quarter that ended in Dec. 2024 was $8.37. Hence, BlackRock Technology and Private Equity Term Trust's PB Ratio of today is 0.72.

Good Sign:

BlackRock Technology and Private Equity Term Trust stock PB Ratio (=0.7) is close to 2-year low of 0.67.

The historical rank and industry rank for BlackRock Technology and Private Equity Term Trust's PB Ratio or its related term are showing as below:

BTX' s PB Ratio Range Over the Past 10 Years
Min: 0.4   Med: 0.82   Max: 0.98
Current: 0.72

During the past 4 years, BlackRock Technology and Private Equity Term Trust's highest PB Ratio was 0.98. The lowest was 0.40. And the median was 0.82.

BTX's PB Ratio is ranked better than
76.21% of 1648 companies
in the Asset Management industry
Industry Median: 0.85 vs BTX: 0.72

During the past 12 months, BlackRock Technology and Private Equity Term Trust's average Book Value Per Share Growth Rate was -7.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -20.60% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of BlackRock Technology and Private Equity Term Trust was -20.60% per year. The lowest was -20.60% per year. And the median was -20.60% per year.

Back to Basics: PB Ratio


BlackRock Technology and Private Equity Term Trust PB Ratio Historical Data

The historical data trend for BlackRock Technology and Private Equity Term 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 Technology and Private Equity Term Trust PB Ratio Chart

BlackRock Technology and Private Equity Term Trust Annual Data
Trend Dec21 Dec22 Dec23 Dec24
PB Ratio
0.87 0.77 0.81 0.89

BlackRock Technology and Private Equity Term Trust Semi-Annual Data
Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24
PB Ratio Get a 7-Day Free Trial 0.77 0.84 0.81 0.85 0.89

Competitive Comparison of BlackRock Technology and Private Equity Term Trust's PB Ratio

For the Asset Management subindustry, BlackRock Technology and Private Equity Term 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 Technology and Private Equity Term Trust's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Technology and Private Equity Term Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where BlackRock Technology and Private Equity Term Trust's PB Ratio falls into.


;
;

BlackRock Technology and Private Equity Term 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 Technology and Private Equity Term Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2024)
=6.01/8.367
=0.72

* 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 Technology and Private Equity Term Trust  (NYSE:BTX) 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 Technology and Private Equity Term Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of BlackRock Technology and Private Equity Term Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


BlackRock Technology and Private Equity Term Trust Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
BlackRock Technology and Private Equity Term Trust objective is to provide total return and income through a combination of current income, current gains and long-term capital appreciation. The Trust will invest in equity securities issued by mid - and small capitalization companies that the Trust's adviser believes have above-average earnings growth potential.
Executives
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
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
Philip Henry Ruvinsky other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
John Perlowski director, officer: See Remarks 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Misha Lozovik other: Portfolio Manager 55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio officer: Vice President 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
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Kyle Mcclements other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809