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DHY (Credit Suisse High Yield Bond Fund) PB Ratio : 1.03 (As of Dec. 13, 2024)


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What is Credit Suisse High Yield Bond 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 (2024-12-13), Credit Suisse High Yield Bond Fund's share price is $2.225. Credit Suisse High Yield Bond Fund's Book Value per Share for the quarter that ended in Apr. 2024 was $2.16. Hence, Credit Suisse High Yield Bond Fund's PB Ratio of today is 1.03.

Good Sign:

Credit Suisse High Yield Bond Fund stock PB Ratio (=1.03) is close to 1-year low of 0.96

Warning Sign:

Credit Suisse High Yield Bond Fund stock PB Ratio (=1.03) is close to 10-year high of 1.11

The historical rank and industry rank for Credit Suisse High Yield Bond Fund's PB Ratio or its related term are showing as below:

DHY' s PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.95   Max: 1.11
Current: 1.03

During the past 13 years, Credit Suisse High Yield Bond Fund's highest PB Ratio was 1.11. The lowest was 0.63. And the median was 0.95.

DHY's PB Ratio is ranked worse than
65.94% of 1662 companies
in the Asset Management industry
Industry Median: 0.95 vs DHY: 1.03

During the past 12 months, Credit Suisse High Yield Bond Fund's average Book Value Per Share Growth Rate was 3.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.80% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Credit Suisse High Yield Bond Fund was 2.60% per year. The lowest was -7.70% per year. And the median was -2.80% per year.

Back to Basics: PB Ratio


Credit Suisse High Yield Bond Fund PB Ratio Historical Data

The historical data trend for Credit Suisse High Yield Bond 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.

Credit Suisse High Yield Bond Fund PB Ratio Chart

Credit Suisse High Yield Bond Fund Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.00 0.87 0.98 0.89 0.89

Credit Suisse High Yield Bond Fund Semi-Annual Data
Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24
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 0.90 0.89 0.92

Competitive Comparison of Credit Suisse High Yield Bond Fund's PB Ratio

For the Asset Management subindustry, Credit Suisse High Yield Bond 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.


Credit Suisse High Yield Bond Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Credit Suisse High Yield Bond Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Credit Suisse High Yield Bond Fund's PB Ratio falls into.



Credit Suisse High Yield Bond 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.

Credit Suisse High Yield Bond Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Apr. 2024)
=2.225/2.163
=1.03

* 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.


Credit Suisse High Yield Bond Fund  (AMEX:DHY) 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.


Credit Suisse High Yield Bond Fund PB Ratio Related Terms

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


Credit Suisse High Yield Bond Fund Business Description

Traded in Other Exchanges
N/A
Address
Eleven Madison Avenue, New York, NY, USA, 10010
Credit Suisse High Yield Bond Fund is a non-diversified, closed-end management investment company with the objective to seek high current income and capital appreciation as a secondary objective.
Executives
Laura A Defelice other: Trustee ONE MADISON AVENUE, NEW YORK NY 10010
Thomas J. Flannery officer: Chief Investment Officer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Brandi Sinkovich officer: Chief Compliance Officer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Samantha Kappagoda other: Trustee C/O CREDIT SUISSE ASSET MANAGEMENT, LLC, ELEVEN MADISON AVENUE, NEW YORK NY 10010
Rachael Inez Hoffman officer: Chief Compliance Officer 11 MADISON AVENUE, NEW YORK NY 10010
Antonio Muinos officer: Chief Compliance Officer ELEVEN MADISON AVENUE, 9TH AVENUE, NEW YORK NY 10010
Jason Patrick Gossett officer: Chief Compliance Officer RALEIGH LT BUILDING, MORRISVILLE NC 27560
Omar Tariq officer: CFO & Treasurer ELEVEN MADISON AVENUE, NEW YORK NY 10010
Jeffrey E Garten other: Trustee AETNA INC., 151 FARMINGTON AVENUE, HARTFORD CT 06156
Mahendra R Gupta officer: Chairman of Audit Committee, other: and Trustee WASHINGTON UNIVERSITY CAMPUS BOX 1133, ONE BROOKINGS DRIVE, ST. LOUIS MO 63130-4899
Csam Americas Holding Corp. other: Affiliate of InvestmentAdviser ONE MADISON AVENUE, NEW YORK NY 10010
Terry Fires Bovarnick director C/O CREDIT SUISSE ASSET MANAGMENT, LLC, ELEVEN MADISON AVENUE, NEW YORK CITY NY 10010
Lawrence Joseph Fox officer: Audit Committee Chairman &, other: Trustee C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
James Cattano director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103
Steven N Rappaport director C/O ABERDEEN ASSET MANAGEMENT INC., 1735 MARKET STREET - 32ND FLOOR, PHILADELPHIA PA 19103

Credit Suisse High Yield Bond Fund Headlines

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