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Morgan Stanley Emerging Markets Domestic Debt Fund (Morgan Stanley Emerging Markets Domestic Debt Fund) PB Ratio : 0.91 (As of May. 10, 2024)


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What is Morgan Stanley Emerging Markets Domestic Debt 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 (2024-05-10), Morgan Stanley Emerging Markets Domestic Debt Fund's share price is $4.62. Morgan Stanley Emerging Markets Domestic Debt Fund's Book Value per Share for the quarter that ended in Oct. 2023 was $5.08. Hence, Morgan Stanley Emerging Markets Domestic Debt Fund's PB Ratio of today is 0.91.

Good Sign:

Morgan Stanley Emerging Markets Domestic Debt Fund Inc stock PB Ratio (=0.91) is close to 1-year low of 0.88

The historical rank and industry rank for Morgan Stanley Emerging Markets Domestic Debt Fund's PB Ratio or its related term are showing as below:

EDD' s PB Ratio Range Over the Past 10 Years
Min: 0.61   Med: 0.9   Max: 1.01
Current: 0.91

During the past 7 years, Morgan Stanley Emerging Markets Domestic Debt Fund's highest PB Ratio was 1.01. The lowest was 0.61. And the median was 0.90.

EDD's PB Ratio is ranked better than
59.64% of 1690 companies
in the Asset Management industry
Industry Median: 0.95 vs EDD: 0.91

During the past 12 months, Morgan Stanley Emerging Markets Domestic Debt Fund's average Book Value Per Share Growth Rate was 5.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -8.80% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Morgan Stanley Emerging Markets Domestic Debt Fund was -3.90% per year. The lowest was -14.20% per year. And the median was -8.60% per year.

Back to Basics: PB Ratio


Morgan Stanley Emerging Markets Domestic Debt Fund PB Ratio Historical Data

The historical data trend for Morgan Stanley Emerging Markets Domestic Debt 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.

Morgan Stanley Emerging Markets Domestic Debt Fund PB Ratio Chart

Morgan Stanley Emerging Markets Domestic Debt Fund Annual Data
Trend Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
PB Ratio
Get a 7-Day Free Trial 0.91 0.83 0.90 0.84 0.85

Morgan Stanley Emerging Markets Domestic Debt Fund Semi-Annual Data
Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.90 0.85 0.84 0.85 0.85

Competitive Comparison of Morgan Stanley Emerging Markets Domestic Debt Fund's PB Ratio

For the Asset Management subindustry, Morgan Stanley Emerging Markets Domestic Debt 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.


Morgan Stanley Emerging Markets Domestic Debt Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Morgan Stanley Emerging Markets Domestic Debt Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Morgan Stanley Emerging Markets Domestic Debt Fund's PB Ratio falls into.



Morgan Stanley Emerging Markets Domestic Debt 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.

Morgan Stanley Emerging Markets Domestic Debt Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2023)
=4.62/5.076
=0.91

* 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.


Morgan Stanley Emerging Markets Domestic Debt Fund  (NYSE:EDD) 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.


Morgan Stanley Emerging Markets Domestic Debt Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Morgan Stanley Emerging Markets Domestic Debt Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Morgan Stanley Emerging Markets Domestic Debt Fund (Morgan Stanley Emerging Markets Domestic Debt Fund) Business Description

Traded in Other Exchanges
N/A
Address
522 Fifth Avenue, New York, NY, USA, 10036
Morgan Stanley Emerging Markets Domestic Debt Fund Inc is a closed-end management investment company. The company's primary investment objective is to seek a high level of current income, with a secondary investment objective of long-term capital appreciation. It seeks to achieve investment objectives by investing, under normal circumstances, at least 80% of its managed assets in emerging markets domestic debt. The fund's portfolio includes sovereign, quasi-sovereign, corporate bonds in emerging markets.
Executives
Michael J Key officer: Vice President 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Brian Shaw officer: Portfolio Manager 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Patrick M Campbell officer: Portfolio Manager 1633 BROADWAY, 19TH FLOOR, NEW YORK NY 10019
Eddie Arthur Grier other: Advisory Board Member 11700 PLAZA AMERICA DRIVE, SUITE 500, RESTON VA 20190
Frances Cashman other: Advisory Board Member MORGAN STANLEY INVESTMENT MANAGEMENT, 1633 BROADWAY 29TH FLOOR, NEW YORK NY 10019
Deidre Downes officer: Chief Compliance Officer 1633 BROADWAY, 29TH FLOOR, NEW YORK NY 10019
Patricia A Maleski director C/O J P MORGAN INVESTMENT MANAGEMENT INC, 522 FIFTH AVENUE, NEW YORK NY 10036
Timothy J Knierim officer: CCO 100 MULBERRY STREET, NEWARK NJ 07102
Sahil Tandon officer: Portfolio Manager 522 5TH AVE, NEW YORK NY 10036
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Nancy Everett director 1812 PARK AVE, RICHMOND VA 23220
Nystedt Bo Jens Andreas other: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
Warren John Mar other: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
Joseph C Benedetti officer: Vice President C/O INVESCO, 225 LIBERTY STREET, NEW YORK NY 10281
Michael Bozic director 400 THREE SPRINGS DR, WERITON WV 26062

Morgan Stanley Emerging Markets Domestic Debt Fund (Morgan Stanley Emerging Markets Domestic Debt Fund) Headlines

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