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IGD (Voya Global Equity Dividend and Premium Opportunity Fund) PB Ratio : 0.91 (As of Mar. 17, 2025)


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What is Voya Global Equity Dividend and Premium Opportunity 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 (2025-03-17), Voya Global Equity Dividend and Premium Opportunity Fund's share price is $5.58. Voya Global Equity Dividend and Premium Opportunity Fund's Book Value per Share for the quarter that ended in Aug. 2024 was $6.12. Hence, Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio of today is 0.91.

Good Sign:

Voya Global Equity Dividend and Premium Opportunity Fund stock PB Ratio (=0.91) is close to 1-year low of 0.85

The historical rank and industry rank for Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio or its related term are showing as below:

IGD' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.87   Max: 1.05
Current: 0.91

During the past 7 years, Voya Global Equity Dividend and Premium Opportunity Fund's highest PB Ratio was 1.05. The lowest was 0.65. And the median was 0.87.

IGD's PB Ratio is ranked better than
52.92% of 1642 companies
in the Asset Management industry
Industry Median: 0.91 vs IGD: 0.91

During the past 12 months, Voya Global Equity Dividend and Premium Opportunity Fund's average Book Value Per Share Growth Rate was 5.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.70% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Voya Global Equity Dividend and Premium Opportunity Fund was -0.70% per year. The lowest was -9.20% per year. And the median was -2.45% per year.

Back to Basics: PB Ratio


Voya Global Equity Dividend and Premium Opportunity Fund PB Ratio Historical Data

The historical data trend for Voya Global Equity Dividend and Premium Opportunity 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.

Voya Global Equity Dividend and Premium Opportunity Fund PB Ratio Chart

Voya Global Equity Dividend and Premium Opportunity Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
PB Ratio
Get a 7-Day Free Trial 0.88 0.91 0.93 0.90 0.87

Voya Global Equity Dividend and Premium Opportunity Fund 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 0.90 0.90 0.87 0.87 0.92

Competitive Comparison of Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio

For the Asset Management subindustry, Voya Global Equity Dividend and Premium Opportunity 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.


Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio falls into.



Voya Global Equity Dividend and Premium Opportunity 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.

Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2024)
=5.58/6.121
=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.


Voya Global Equity Dividend and Premium Opportunity Fund  (NYSE:IGD) 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.


Voya Global Equity Dividend and Premium Opportunity Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Voya Global Equity Dividend and Premium Opportunity Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Voya Global Equity Dividend and Premium Opportunity Fund Business Description

Traded in Other Exchanges
N/A
Address
7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Global Equity Dividend and Premium Opportunity Fund are a United States-based diversified, closed-end Fund. The primary objective of the Fund is to seek to provide investors with a high level of income from a portfolio of common stocks with historically attractive dividend yields and premiums from call option writing. The secondary investment objective of the company is capital appreciation. Under normal market conditions, the Fund will invest at least 80% of its managed assets in a portfolio of common stocks of dividend-paying companies located throughout the world.
Executives
Vincent J Costa other: Managing Director 800 SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Steven Wetter officer: SVP, PM 230 PARK AVENUE, 14 FL, NEW YORK NY 10169
Margaret Diorio officer: SVP, PM 230 PARK AVENUE, NEW YORK NY 10169
Paul Zemsky other: SMD, CIO 230 PARK AVENUE, NEW YORK NY 10169
Mark Weber officer: Senior Managing Director 230 PARK AVENUE, NEW YORK NY 10169
Dina Santoro officer: Managing Director VOYA INVESTMENT MANAGEMENT, 230 PARK AVENUE, NEW YORK NY 10169
Lydia Homer officer: Chief Financial Officer, Funds 7337 E DOUBLETREE RANCH ROAD, SCOTTSDALE AZ 85258
Christopher P Sullivan director 27 LEE TERRACE, SHORT HILLS NJ 07078
Michael Allyn Bell officer: MD & Chief Financial Officer 230 PARK AVENUE, NEW YORK NY 10169
Russell H Jones director
Joseph E Obermeyer director 9909 NE 4TH AVENUE ROAD, MIAMI SHORES FL 33138
Martin J Gavin director 282 WASHINGTON STREET, HARTFORD CT 06106
Deprince Albert E Jr director 3029 ST. JOHNS DRIVE, MURFREESBORO TN 37129
Satish Sadashiv Bapat officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS
Dirk Albert Buggenhout officer: to subadvisor SCHENKKADE 65, THE HAGUE P7 2595 AS

Voya Global Equity Dividend and Premium Opportunity Fund Headlines