Special Opportunities Fund Inc stock PB Ratio (=0.87) is close to 1-year low of 0.79
The historical rank and industry rank for Special Opportunities Fund's PB Ratio or its related term are showing as below:
SPE'
s PB Ratio Range Over the Past 10 Years
Min: 0.54 Med: 0.89 Max: 1.06
Current: 0.86
During the past 7 years, Special Opportunities Fund's highest PB Ratio was 1.06. The lowest was 0.54. And the median was 0.89.
SPE's PB Ratio is ranked better than 66.63% of 1693
companies
in the Asset Management industry
Industry Median: 0.93
vs SPE: 0.86
During the past 12 months, Special Opportunities Fund's average Book Value Per Share Growth Rate was 10.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -3.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -1.20% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Special Opportunities Fund was 6.30% per year. The lowest was -6.80% per year. And the median was -2.50% per year.
Back to Basics: PB Ratio
Special Opportunities Fund PB Ratio Historical Data
* 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.
Competitive Comparison of Special Opportunities Fund's PB Ratio
For the Asset Management subindustry, Special Opportunities 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.
Special Opportunities Fund's PB Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Special Opportunities Fund's PB Ratio distribution charts can be found below:
* The bar in red indicates where Special Opportunities Fund's PB Ratio falls into.
Special Opportunities 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.
* 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.
Special Opportunities Fund (NYSE:SPE) PB Ratio Explanation
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.
Special Opportunities Fund PB Ratio Related Terms
Thank you for viewing the detailed overview of Special Opportunities Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Special Opportunities Fund (Special Opportunities Fund) Business Description
Special Opportunities Fund Inc is the United States based closed-end diversified management investment company. Its investment objective is to have the total return. The company's investment portfolio consists of investment companies, common stocks, money market funds, commodity partnerships, preferred stocks, convertible bonds, liquidating trusts, promissory notes, senior unsecured notes, warrants, rights, corporate notes and corporate bonds. In addition, it also makes investments in construction materials, consumer finance, healthcare equipment and supplies, independent power and renewable electricity producers, insurance, personal products, professional services and real estate investment trusts.
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