New Century AIM VCT 2 (LSE:NCA2) PB Ratio : 0.85 (As of May. 22, 2024)

View and export this data going back to 2007. Start your Free Trial

What is New Century AIM VCT 2 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), New Century AIM VCT 2's share price is £0.335. New Century AIM VCT 2's Book Value per Share for the quarter that ended in Dec. 2023 was £0.40. Hence, New Century AIM VCT 2's PB Ratio of today is 0.85.

The historical rank and industry rank for New Century AIM VCT 2's PB Ratio or its related term are showing as below:

LSE:NCA2' s PB Ratio Range Over the Past 10 Years
Min: 0.62 Med: 0.9 Max: 1.28
Current: 0.85

During the past 13 years, New Century AIM VCT 2's highest PB Ratio was 1.28. The lowest was 0.62. And the median was 0.90.

LSE:NCA2's PB Ratio is ranked better than
70.9% of 1691 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:NCA2: 0.85

During the past 12 months, New Century AIM VCT 2's average Book Value Per Share Growth Rate was -16.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -16.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.70% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of New Century AIM VCT 2 was 19.90% per year. The lowest was -20.10% per year. And the median was -0.95% per year.

Back to Basics: PB Ratio

New Century AIM VCT 2 PB Ratio Historical Data

The historical data trend for New Century AIM VCT 2'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.

New Century AIM VCT 2 PB Ratio Chart

New Century AIM VCT 2 Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.99

0.65

0.90

1.20

1.19

New Century AIM VCT 2 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															0.90	1.25	1.20	1.24	1.19

Competitive Comparison of New Century AIM VCT 2's PB Ratio

For the Asset Management subindustry, New Century AIM VCT 2'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.

New Century AIM VCT 2's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, New Century AIM VCT 2's PB Ratio distribution charts can be found below:

* The bar in red indicates where New Century AIM VCT 2's PB Ratio falls into.

New Century AIM VCT 2 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.

New Century AIM VCT 2's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.335	/	0.396
	=	0.85

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.

New Century AIM VCT 2 (LSE:NCA2) 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.

New Century AIM VCT 2 PB Ratio Related Terms

Thank you for viewing the detailed overview of New Century AIM VCT 2's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

New Century AIM VCT 2 (LSE:NCA2) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » New Century AIM VCT 2 PLC (LSE:NCA2) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

50 Mark Lane, 4th Floor, London, GBR, EC3R 7QR

Website

New Century AIM VCT 2 PLC is a venture capital trust engaged in long-term equity and loan investments in UK Listed, AIM traded, and unquoted companies in the United Kingdom. Its principal investment objective is to achieve long-term capital growth through investment in a diversified portfolio of qualifying companies quoted on AIM. The Company invests its funds in companies traded on AIM, which entail a higher degree of risk than investments in large listed companies.

New Century AIM VCT 2 (LSE:NCA2) Headlines

No Headlines