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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 (2025-03-25), Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's share price is $9.19. Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's Book Value per Share for the quarter that ended in May. 2024 was $8.41. Hence, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PB Ratio of today is 1.09.
The historical rank and industry rank for Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PB Ratio or its related term are showing as below:
During the past 7 years, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's highest PB Ratio was 1.09. The lowest was 0.58. And the median was 0.90.
During the past 12 months, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's average Book Value Per Share Growth Rate was -6.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.10% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund was -2.00% per year. The lowest was -10.70% per year. And the median was -3.95% per year.
The historical data trend for Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income 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.
Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Annual Data | ||||||||||||||||
Trend | Nov17 | Nov18 | Nov19 | Nov20 | Nov21 | Nov22 | Nov23 | |||||||||
PB Ratio | Get a 7-Day Free Trial | 0.92 | 0.86 | 0.95 | 0.93 | 0.88 |
Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund Semi-Annual Data | ||||||||||||||
Nov17 | May18 | Nov18 | May19 | Nov19 | May20 | Nov20 | May21 | Nov21 | May22 | Nov22 | May23 | Nov23 | May24 | |
PB Ratio | Get a 7-Day Free Trial |
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0.96 | 0.93 | 0.85 | 0.88 | 0.88 |
For the Asset Management subindustry, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income 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.
For the Asset Management industry and Financial Services sector, Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PB Ratio distribution charts can be found below:
* The bar in red indicates where Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund'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.
Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: May. 2024) |
= | 9.19 | / | 8.407 | |
= | 1.09 |
* 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.
Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund (NYSE:MFD) 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 Macquarie/First Trust Global Infrastructure/Utilities Dividend&Income Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Bronwyn Wright | director | FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
William H Speacht | other: Investment Advisor | 2005 MARKET ST, 34TH FL, PHILADELPHIA PA 19103 |
Thomas R Kadlec | director | C/O FIRST TRUST ADVISORS LP, 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
M Keefe Denise | director | C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
Kelly Catherine Dehler | other: Officer-Investment Advisor | C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
Scott Michael Friske | other: Officer-Investment Advisor | FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
Robert F Keith | director | C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
Fink William J Jr | other: Officer-Investment Sub-Advisor | 125 WEST 55TH STREET, LEVEL 15, NEW YORK NY 10019 |
Shane Shannon | officer: Assistant Secretary | FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
John H Kim | other: Officer-Investment Sub-Advisor | C/O ANJIE LAROCCA, DEUTSCHE BANK, 1251 AVENUE OF THE AMERICAS, NEW YORK NY 10020 |
Jonathan S Ong | other: Officer-Investment Sub-Advisor | 1 MARTIN PLACE, LEVEL 21, SYDNEY C3 2000 |
Donald Swade | officer: Assistant Treasurer | C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
Katherine L Urevig | officer: Assistant Treasurer | C/O FIRST TRUST ADVISORS L.P., 120 EAST LIBERTY DRIVE, SUITE 400, WHEATON IL 60187 |
Anthony Felton | other: Officer-Investment Sub-Advisor | 1 MARTIN PLACE, LEVEL 21, SYDNEY C3 2000 |
Andrew Maple-brown | other: Officer-Investment Sub-Advisor | 125 WEST 55TH STREET, LEVEL 15, NEW YORK NY 10019 |
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