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DUFF & PHELPS UTILITYRPORATE BOND TRUST (DUFF & PHELPS UTILITYRPORATE BOND TRUST) PB Ratio : 1.11 (As of Jun. 09, 2024)


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What is DUFF & PHELPS UTILITYRPORATE 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 (2024-06-09), DUFF & PHELPS UTILITYRPORATE BOND TRUST's share price is $10.62. DUFF & PHELPS UTILITYRPORATE BOND TRUST's Book Value per Share for the quarter that ended in Oct. 2020 was $9.55. Hence, DUFF & PHELPS UTILITYRPORATE BOND TRUST's PB Ratio of today is 1.11.

The historical rank and industry rank for DUFF & PHELPS UTILITYRPORATE BOND TRUST's PB Ratio or its related term are showing as below:

DUC'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

DUFF & PHELPS UTILITYRPORATE BOND TRUST PB Ratio Historical Data

The historical data trend for DUFF & PHELPS UTILITYRPORATE 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.

DUFF & PHELPS UTILITYRPORATE BOND TRUST PB Ratio Chart

DUFF & PHELPS UTILITYRPORATE BOND TRUST Annual Data
Trend Oct16 Oct17 Oct18 Oct19 Oct20
PB Ratio
- 0.94 0.90 0.95 0.95

DUFF & PHELPS UTILITYRPORATE BOND TRUST Semi-Annual Data
Oct16 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20
PB Ratio Get a 7-Day Free Trial 0.90 0.93 0.95 0.97 0.95

Competitive Comparison of DUFF & PHELPS UTILITYRPORATE BOND TRUST's PB Ratio

For the Asset Management subindustry, DUFF & PHELPS UTILITYRPORATE 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.

DUFF & PHELPS UTILITYRPORATE BOND TRUST's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DUFF & PHELPS UTILITYRPORATE BOND TRUST's PB Ratio distribution charts can be found below:

* The bar in red indicates where DUFF & PHELPS UTILITYRPORATE BOND TRUST's PB Ratio falls into.


DUFF & PHELPS UTILITYRPORATE 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.

DUFF & PHELPS UTILITYRPORATE BOND TRUST's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2020)
=10.62/9.547
=1.11

* 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:

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.

DUFF & PHELPS UTILITYRPORATE BOND TRUST  (NYSE:DUC) 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.

DUFF & PHELPS UTILITYRPORATE BOND TRUST PB Ratio Related Terms

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DUFF & PHELPS UTILITYRPORATE BOND TRUST (DUFF & PHELPS UTILITYRPORATE BOND TRUST) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DUFF & PHELPS UTILITY & CORPORATE BOND TRUST INC (NYSE:DUC) » Definitions » PB Ratio
Comparable Companies
LSE:PHI LSE:RESI SGX:BLT ASX:CVC OCSI LSE:CMHY GGT TSE:8787 GLAD ASX:PL8 TPE:6024 XPAR:NEXTS XTER:MPCK ASX:TGG LSE:BMD TPVG LSE:RIII LSE:JMI BKK:BFIT OXLC
Traded in Other Exchanges
N/A
Address
200 South Wacker Drive, Suite 500, Chicago, IL, USA, 60606
Website
https://www.dpimc.com
DUFF & PHELPS UTILITY & CORPORATE BOND TRUST INC is a diversified, closed-end management investment company. Its investment objective is to seek high current income consistent with investing in securities of investment-grade quality.
Executives
George W Karpus other: See Explanation of Responses
Grumhaus David D Jr. other: Officer of Investment Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Hoffman Clifford W. Jr. director C/O DUFF & PHELPS INVESTMENT MANAGEMENT, 200 E. WACKER DR., CHICAGO IL 60606
William J Renahan officer: VP and Secretary 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Donald C Burke director C/O BLACKROCK FINANCIAL MANAGEMENT, INC., 40 EAST 52ND STREET, NEW YORK NY 10022
Blue Ridge Investments, L.l.c. 10 percent owner ONE BRYANT PARK, NEW YORK NY 10036
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Eileen A Moran director 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Robert J Genetski director 195 N. HARBOR DR, SUITE 4903, CHICAGO IL 60601
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Eric Elvekrog other: Officer of Adviser 200 S. WACKER DRIVE, SUITE 500, CHICAGO IL 60606
Daniel Petrisko officer: VP and CIO 800 SCUDDERS HILL ROAD, PLAINSBORO NJ 08536
Michael A Angerthal other: Director of the Adviser C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Stewart E Conner director
Duckworth Connie K director EIGHT WINGS ENTERPRISES, 77 STONE AGTE LANE, LAKE FOREST IL 60045