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FT (Franklin Universal Trust) PB Ratio : 0.92 (As of Dec. 13, 2024)


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What is Franklin Universal 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 (2024-12-13), Franklin Universal Trust's share price is $7.53. Franklin Universal Trust's Book Value per Share for the quarter that ended in Aug. 2024 was $8.20. Hence, Franklin Universal Trust's PB Ratio of today is 0.92.

Good Sign:

Franklin Universal Trust stock PB Ratio (=0.93) is close to 1-year low of 0.87

The historical rank and industry rank for Franklin Universal Trust's PB Ratio or its related term are showing as below:

FT' s PB Ratio Range Over the Past 10 Years
Min: 0.63   Med: 0.88   Max: 1.05
Current: 0.92

During the past 8 years, Franklin Universal Trust's highest PB Ratio was 1.05. The lowest was 0.63. And the median was 0.88.

FT's PB Ratio is ranked better than
58.54% of 1662 companies
in the Asset Management industry
Industry Median: 0.95 vs FT: 0.92

During the past 12 months, Franklin Universal Trust's average Book Value Per Share Growth Rate was 11.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.70% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Franklin Universal Trust was 3.70% per year. The lowest was -3.20% per year. And the median was -1.90% per year.

Back to Basics: PB Ratio


Franklin Universal Trust PB Ratio Historical Data

The historical data trend for Franklin Universal 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.

Franklin Universal Trust PB Ratio Chart

Franklin Universal Trust Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24
PB Ratio
Get a 7-Day Free Trial 0.86 0.96 0.99 0.92 0.89

Franklin Universal Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 0.99 0.96 0.92 0.87 0.89

Competitive Comparison of Franklin Universal Trust's PB Ratio

For the Asset Management subindustry, Franklin Universal 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.


Franklin Universal Trust's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Franklin Universal Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Franklin Universal Trust's PB Ratio falls into.



Franklin Universal 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.

Franklin Universal Trust's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2024)
=7.53/8.204
=0.92

* 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.


Franklin Universal Trust  (NYSE:FT) 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.


Franklin Universal Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of Franklin Universal Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Franklin Universal Trust Business Description

Traded in Other Exchanges
N/A
Address
One Franklin Parkway, San Mateo, CA, USA, 94403-1906
Franklin Universal Trust is a closed-end management investment company. Its primary investment objective is to provide high, current income consistent with the preservation of capital. Its secondary objective is the growth of income through dividend increases and capital appreciation. The fund invests in two asset classes being the high yield bonds and utility stocks.
Executives
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
Christine M. Debevec officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Ted P Becker officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
George P. Hoyt officer: VP & Assistant Secretary C/O FRANKLIN TEMPLETON, 100 FIRST STAMFORD PLACE, STAMFORD CT 06902
Oliveira Marc De officer: VP & Assistant Secretary C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902
Alexander Kymn officer: VP & Assistant Secretary WELLS FARGO BANK, 45 FREMONT STREET, 26TH FLOOR, SAN FRANCISCO CA 94105
Harris Goldblat officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Tara E. Gormel officer: VP & Assistant Secretary ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
J Michael Luttig other: Trustee C/O THE BOEING COMPANY, 100 NORTH RIVERSIDE PLAZA, CHICAGO IL 60606-1596
Christopher Kings officer: CFO, CAO and Treasurer ONE FRANKLIN PARKWAY, SAN MATEO CA 94403
Jeffrey White officer: Interim CFO, CAO and Treasurer 3355 DATA DRIVE, RANCHO CORDOVA CA 95670
Susan Kerr officer: VP - AML Compliance 280 PARK AVENUE, NEW YORK NY 10017
Valerie Williams other: Trustee C/O OMNICOM GROUP INC., 280 PARK AVENUE, NEW YORK NY 10017
Robert Kubilis officer: CFO, CAO and Treasurer FRANKLIN TEMPLETON INVESTMENTS, 300 S.E. 2ND STREET, FORT LAUDERDALE FL 33301-1923
Sonal Desai officer: Pres. & CEO - Invest. Mgmt. ONE FRANKLIN PARKWAY, SMO-920/3, SAN MATEO CA 94403