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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 (2025-04-04), Horizon Technology Finance's share price is $9.01. Horizon Technology Finance's Book Value per Share for the quarter that ended in Dec. 2024 was $8.43. Hence, Horizon Technology Finance's PB Ratio of today is 1.07.
Good Sign:
Horizon Technology Finance Corp stock PB Ratio (=1.07) is close to 2-year low of 0.98.
The historical rank and industry rank for Horizon Technology Finance's PB Ratio or its related term are showing as below:
During the past 13 years, Horizon Technology Finance's highest PB Ratio was 1.60. The lowest was 0.59. And the median was 1.03.
During the past 12 months, Horizon Technology Finance's average Book Value Per Share Growth Rate was -13.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -10.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -3.90% per year.
During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Horizon Technology Finance was -0.20% per year. The lowest was -10.00% per year. And the median was -4.60% per year.
The historical data trend for Horizon Technology Finance'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.
Horizon Technology Finance Annual Data | |||||||||||||||||||||
Trend | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | Dec24 | |||||||||||
PB Ratio | Get a 7-Day Free Trial |
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1.20 | 1.38 | 1.01 | 1.36 | 1.07 |
Horizon Technology Finance Quarterly Data | ||||||||||||||||||||
Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | Sep24 | Dec24 | |
PB Ratio | Get a 7-Day Free Trial |
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1.36 | 1.18 | 1.32 | 1.18 | 1.07 |
For the Asset Management subindustry, Horizon Technology Finance'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.
For the Asset Management industry and Financial Services sector, Horizon Technology Finance's PB Ratio distribution charts can be found below:
* The bar in red indicates where Horizon Technology Finance's PB Ratio falls into.
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.
Horizon Technology Finance's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Dec. 2024) |
= | 9.01 | / | 8.431 | |
= | 1.07 |
* 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.
Horizon Technology Finance (NAS:HRZN) 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.
Thank you for viewing the detailed overview of Horizon Technology Finance's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Michael Balkin | director | C/O FORESIGHT ACQUISITION CORP., 233 N. MICHIGAN AVE., SUITE 1410, CHICAGO IL 60601 |
Gerald A. Michaud | director, officer: President | 312 FARMINGTON AVENUE, FARMINGTON CT 06032 |
Joseph J Savage | director | WEBSTER FINANCIAL CORP, 145 BANK ST, WATERBURY CT 06702 |
Jonathan Joseph Goodman | director | 312 FARMINGTON AVENUE, FARMINGTON CT 06032 |
Kimberley Ann O'connor | director | 312 FARMINGTON AVENUE, FARMINGTON CT 06032 |
Dombrowski Lynn Denise Murray | officer: Chief Accounting Officer | 312 FARMINGTON AVENUE, FARMINGTON CT 06032 |
Pomeroy Robert D. Jr. | director, officer: Chief Executive Officer | 312 FARMINGTON AVENUE, FARMINGTON CT 06032 |
Daniel R. Trolio | officer: CFO | 312 FARMINGTON AVENUE, FARMINGTON CT 06032 |
Edmund V. Mahoney | director | 312 FARMINGTON AVENUE, FARMINGTON CT 06032 |
Elaine A Sarsynski | director | 312 FARMINGTON AVE, FARMINGTON CT 06032 |
Diane Earle | officer: Chief Credit Officer | 312 FARMINGTON AVENUE, FARMINGTON CT 06032 |
Christopher M. Mathieu | officer: SVP, CFO and Treasurer | 312 FARMINGTON AVENUE, FARMINGTON CT 06032 |
Christopher B. Woodward | director | 312 FARMINGTON AVENUE, FARMINGTON CT 06032 |
Compass Group Investments, Ltd. | 10 percent owner | BELVEDERE BUILDING, 69 PITTS BAY ROAD, HAMILTON HM 08 D0 00000 |
David P. Swanson | director | 312 FARMINGTON AVENUE, FARMINGTON CT 06032 |
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