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abrdn Asia-Pacificome Fund VCC (TSX:FAP) PB Ratio : 0.91 (As of Apr. 03, 2025)


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What is abrdn Asia-Pacificome Fund VCC 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 (2025-04-03), abrdn Asia-Pacificome Fund VCC's share price is C$2.97. abrdn Asia-Pacificome Fund VCC's Book Value per Share for the quarter that ended in Oct. 2024 was C$3.26. Hence, abrdn Asia-Pacificome Fund VCC's PB Ratio of today is 0.91.

Warning Sign:

abrdn Asia-Pacific Income Fund VCC stock PB Ratio (=0.89) is close to 10-year high of 0.96.

The historical rank and industry rank for abrdn Asia-Pacificome Fund VCC's PB Ratio or its related term are showing as below:

TSX:FAP' s PB Ratio Range Over the Past 10 Years
Min: 0.56   Med: 0.84   Max: 0.96
Current: 0.91

During the past 13 years, abrdn Asia-Pacificome Fund VCC's highest PB Ratio was 0.96. The lowest was 0.56. And the median was 0.84.

TSX:FAP's PB Ratio is ranked better than
51.56% of 1639 companies
in the Asset Management industry
Industry Median: 0.91 vs TSX:FAP: 0.91

During the past 12 months, abrdn Asia-Pacificome Fund VCC's average Book Value Per Share Growth Rate was 5.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -7.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -6.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of abrdn Asia-Pacificome Fund VCC was 7.60% per year. The lowest was -28.00% per year. And the median was -6.10% per year.

Back to Basics: PB Ratio


abrdn Asia-Pacificome Fund VCC PB Ratio Historical Data

The historical data trend for abrdn Asia-Pacificome Fund VCC'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.

abrdn Asia-Pacificome Fund VCC PB Ratio Chart

abrdn Asia-Pacificome Fund VCC Annual Data
Trend Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23 Oct24
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.72 0.83 0.83 0.81 0.85

abrdn Asia-Pacificome Fund VCC Semi-Annual Data
Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24
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 0.83 0.81 0.81 0.80 0.85

Competitive Comparison of abrdn Asia-Pacificome Fund VCC's PB Ratio

For the Asset Management subindustry, abrdn Asia-Pacificome Fund VCC'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.


abrdn Asia-Pacificome Fund VCC's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, abrdn Asia-Pacificome Fund VCC's PB Ratio distribution charts can be found below:

* The bar in red indicates where abrdn Asia-Pacificome Fund VCC's PB Ratio falls into.


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abrdn Asia-Pacificome Fund VCC 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.

abrdn Asia-Pacificome Fund VCC's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Oct. 2024)
=2.97/3.261
=0.91

* 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.


abrdn Asia-Pacificome Fund VCC  (TSX:FAP) 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.


abrdn Asia-Pacificome Fund VCC PB Ratio Related Terms

Thank you for viewing the detailed overview of abrdn Asia-Pacificome Fund VCC's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


abrdn Asia-Pacificome Fund VCC Business Description

Traded in Other Exchanges
N/A
Address
Number 23-04 Marina One East Tower, 7 Straits View, Singapore, SGP, 018936
abrdn Asia-Pacific Income Fund VCC is a closed-ended investment company. Its investment objective is to obtain current income and achieve incidental capital appreciation from investment in long-term debt securities.
Executives
William James Braithwaite Director

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