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Invesco Bondome Plus (LSE:BIPS) PB Ratio : 1.01 (As of May. 21, 2024)


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What is Invesco Bondome Plus 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 (2024-05-21), Invesco Bondome Plus's share price is £1.71. Invesco Bondome Plus's Book Value per Share for the quarter that ended in Dec. 2023 was £1.69. Hence, Invesco Bondome Plus's PB Ratio of today is 1.01.

Good Sign:

Invesco Bond Income Plus Ltd stock PB Ratio (=1.01) is close to 1-year low of 0.97

Warning Sign:

Invesco Bond Income Plus Ltd stock PB Ratio (=1.01) is close to 10-year high of 1.1

The historical rank and industry rank for Invesco Bondome Plus's PB Ratio or its related term are showing as below:

LSE:BIPS' s PB Ratio Range Over the Past 10 Years
Min: 0.69   Med: 1   Max: 1.1
Current: 1.01

During the past 13 years, Invesco Bondome Plus's highest PB Ratio was 1.10. The lowest was 0.69. And the median was 1.00.

LSE:BIPS's PB Ratio is ranked worse than
57.89% of 1693 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:BIPS: 1.01

During the past 12 months, Invesco Bondome Plus's average Book Value Per Share Growth Rate was 3.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.30% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Invesco Bondome Plus was 76.90% per year. The lowest was -5.50% per year. And the median was 0.90% per year.

Back to Basics: PB Ratio


Invesco Bondome Plus PB Ratio Historical Data

The historical data trend for Invesco Bondome Plus'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.

Invesco Bondome Plus PB Ratio Chart

Invesco Bondome Plus Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.03 0.98 0.97 1.02 1.01

Invesco Bondome Plus Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.97 0.95 1.02 1.01 1.01

Competitive Comparison of Invesco Bondome Plus's PB Ratio

For the Asset Management subindustry, Invesco Bondome Plus'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.


Invesco Bondome Plus's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Bondome Plus's PB Ratio distribution charts can be found below:

* The bar in red indicates where Invesco Bondome Plus's PB Ratio falls into.



Invesco Bondome Plus 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.

Invesco Bondome Plus's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=1.71/1.686
=1.01

* 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.


Invesco Bondome Plus  (LSE:BIPS) 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.


Invesco Bondome Plus PB Ratio Related Terms

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


Invesco Bondome Plus (LSE:BIPS) Business Description

Traded in Other Exchanges
Address
28 Esplanade, P.O. Box 1075, Saint Helier, JEY, JE4 2QP
Invesco Bond Income Plus Ltd is a closed-end investment company with an objective to achieve high income and capital growth from investment in fixed-interest securities. Its products include investment trusts, multi-asset funds, and UK equities. The company invests in bonds, along with other fixed-income securities, equities, and equity-like instruments. Its portfolio consists of investments made in oil and gas, basic materials, industrials, consumer goods, healthcare, consumer services, utility, telecommunications, financials, and technology sectors. It operates in a single segment of the business of investing in debt and, to a significantly lesser extent, equity securities.

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