Deutsche Highome Opportunities Fund (Deutsche Highome Opportunities Fund) PB Ratio : 0.97 (As of May. 26, 2024)

View and export this data going back to 2006. Start your Free Trial

What is Deutsche Highome Opportunities 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 (2024-05-26), Deutsche Highome Opportunities Fund's share price is $14.97. Deutsche Highome Opportunities Fund's Book Value per Share for the quarter that ended in Sep. 2017 was $15.49. Hence, Deutsche Highome Opportunities Fund's PB Ratio of today is 0.97.

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

DHG's PB Ratio is not ranked ^*
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

Deutsche Highome Opportunities Fund PB Ratio Historical Data

The historical data trend for Deutsche Highome Opportunities 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.

Deutsche Highome Opportunities Fund PB Ratio Chart

Deutsche Highome Opportunities Fund Annual Data

Trend

Sep17

PB Ratio

Deutsche Highome Opportunities Fund Semi-Annual Data
	Sep17
PB Ratio	-

Competitive Comparison of Deutsche Highome Opportunities Fund's PB Ratio

For the Asset Management subindustry, Deutsche Highome Opportunities 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.

Deutsche Highome Opportunities Fund's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Deutsche Highome Opportunities Fund's PB Ratio falls into.

Deutsche Highome Opportunities 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.

Deutsche Highome Opportunities Fund's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2017)
	=	14.97	/	15.493
	=	0.97

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

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.

Deutsche Highome Opportunities Fund (NYSE:DHG) 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.

Deutsche Highome Opportunities Fund PB Ratio Related Terms

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

Deutsche Highome Opportunities Fund (Deutsche Highome Opportunities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Deutsche High Income Opportunities Fund Inc (NYSE:DHG) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.deutschefunds.com

Deutsche High Income Opportunities Fund Inc, formerly Dws Dreman Value Income Edge Fund Inc, is a closed-end, diversified management investment company.

Executives

Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Michelle S. Goveia	other: Chief Compliance Officer of IA	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Sheila Cadogan	officer: Assistant Treasurer	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Wahgo Chang	other: Director of Investment Adviser	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Fiona Bassett	other: Director of Investment Adviser	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 11752
John Cassedy	other: EVP of Investmemt Adviser	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Paul Blodgett	other: Director of Investment Adviser	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Gregory Staples	other: Director of Investment Adviser	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, 25TH FLOOR, NEW YORK NY 10005
Patrick Robert Mccarthy	other: Section 16 reporting person	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Erik Mogavero	officer: Chief Compliance Officer of IA	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Scott D Hogan	officer: Chief Compliance Officer	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Kenneth C Froewiss	director
Thomas Roberts Bouchard	other: Portfolio Manager	C/O ANJIE LAROCCA, DEUTSCHE BANK, 60 WALL STREET, NEW YORK NY 10005
Gregory Richter	other: Section 16 Reporting Person	C/O DEUTSCHE BANK, 5022 GATE PARKWAY, SUITE 400, JACKSONVILLE FL 32256
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174