Gresham House Energy Storage Fund (LSE:GRID) PB Ratio : 0.45 (As of May. 22, 2024)

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What is Gresham House Energy Storage 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 (2024-05-22), Gresham House Energy Storage Fund's share price is £0.5785. Gresham House Energy Storage Fund's Book Value per Share for the quarter that ended in Dec. 2023 was £1.29. Hence, Gresham House Energy Storage Fund's PB Ratio of today is 0.45.

The historical rank and industry rank for Gresham House Energy Storage Fund's PB Ratio or its related term are showing as below:

LSE:GRID' s PB Ratio Range Over the Past 10 Years
Min: 0.3 Med: 1.12 Max: 1.54
Current: 0.45

During the past 5 years, Gresham House Energy Storage Fund's highest PB Ratio was 1.54. The lowest was 0.30. And the median was 1.12.

LSE:GRID's PB Ratio is ranked better than
92.43% of 1691 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:GRID: 0.45

During the past 12 months, Gresham House Energy Storage Fund's average Book Value Per Share Growth Rate was -17.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.80% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Gresham House Energy Storage Fund was 15.50% per year. The lowest was 7.80% per year. And the median was 11.65% per year.

Back to Basics: PB Ratio

Gresham House Energy Storage Fund PB Ratio Historical Data

The historical data trend for Gresham House Energy Storage 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.

Gresham House Energy Storage Fund PB Ratio Chart

Gresham House Energy Storage Fund Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

1.07

1.09

1.12

1.04

0.84

Gresham House Energy Storage Fund Semi-Annual Data
	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial			1.12	1.08	1.04	0.99	0.84

Competitive Comparison of Gresham House Energy Storage Fund's PB Ratio

For the Asset Management subindustry, Gresham House Energy Storage 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.

Gresham House Energy Storage Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gresham House Energy Storage Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Gresham House Energy Storage Fund's PB Ratio falls into.

Gresham House Energy Storage 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.

Gresham House Energy Storage Fund's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.5785	/	1.291
	=	0.45

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.

Gresham House Energy Storage Fund (LSE:GRID) 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.

Gresham House Energy Storage Fund PB Ratio Related Terms

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Gresham House Energy Storage Fund (LSE:GRID) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gresham House Energy Storage Fund PLC (LSE:GRID) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

GRIDl:UK

Address

52 Lime Street, The Scalpel, 18th Floor, London, GBR, EC3M 7AF

Website

www.greshamhouse.com/gresham-house-energy-storage-

Gresham House Energy Storage Fund PLC is a closed-ended investment company. It invests in a diversified portfolio of operating utility-scale Battery Energy Storage Systems (BESS), which utilize batteries and may also utilize generators in Great Britain.