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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 (2024-04-26), Delaware Investments MN Muni Fund II,'s share price is $13.42457. Delaware Investments MN Muni Fund II,'s Book Value per Share for the quarter that ended in Sep. 2021 was $15.02. Hence, Delaware Investments MN Muni Fund II,'s PB Ratio of today is 0.89.
The historical rank and industry rank for Delaware Investments MN Muni Fund II,'s PB Ratio or its related term are showing as below:
The historical data trend for Delaware Investments MN Muni Fund II,'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.
Delaware Investments MN Muni Fund II, Annual Data | |||||||||||||||||||||
Trend | Mar12 | Mar13 | Mar14 | Mar15 | Mar16 | Mar17 | Mar18 | Mar19 | Mar20 | Mar21 | |||||||||||
PB Ratio | Get a 7-Day Free Trial | 1.01 | 0.89 | 0.87 | 0.86 | 0.88 |
Delaware Investments MN Muni Fund II, Semi-Annual Data | ||||||||||||||||||||
Mar12 | Sep12 | Mar13 | Sep13 | Mar14 | Sep14 | Mar15 | Sep15 | Mar16 | Sep16 | Mar17 | Sep17 | Mar18 | Sep18 | Mar19 | Sep19 | Mar20 | Sep20 | Mar21 | Sep21 | |
PB Ratio | Get a 7-Day Free Trial | 0.88 | 0.86 | 0.88 | 0.88 | 0.94 |
For the Asset Management subindustry, Delaware Investments MN Muni Fund II,'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, Delaware Investments MN Muni Fund II,'s PB Ratio distribution charts can be found below:
* The bar in red indicates where Delaware Investments MN Muni Fund II,'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.
Delaware Investments MN Muni Fund II,'s PB Ratio for today is calculated as follows:
PB Ratio | = | Share Price | / | Book Value per Share (Q: Sep. 2021) |
= | 13.42457 | / | 15.022 | |
= | 0.89 |
* 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.
Delaware Investments MN Muni Fund II, (AMEX:VMM) 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 Delaware Investments MN Muni Fund II,'s PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Saba Capital Management, L.p. | 10 percent owner | 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174 |
Boaz Weinstein | 10 percent owner | 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174 |
Harry Jeffrey Dobbs | director | 6300 LAMAR AVENUE, OVERLAND PARK KS 66202 |
Sandra Aj Lawrence | director | C/O EVERGY, INC., 1200 MAIN STREET, KANSAS CITY MO 64105 |
Joseph Jr Harroz | director | 2511 MCGEE DRIVE, NORMAN OK 73072-6704 |
Toronto Dominion Holdings Usa Inc | 10 percent owner | 40 WALL STREET, NEW YORK NY 10003 |
Dominion Bank Toronto | 10 percent owner | 66 WELLINGTON STREET WEST, 12TH FLOOR, TD TOWER, TORONTO, ONTARIO A6 M5K 1A2 |
Toronto Dominion Investments, Inc. | 10 percent owner | 909 FANIN, SUITE 1950, HOUSTON TX 77010 |
Td Group Us Holdings Llc | 10 percent owner | 251 LITTLE FALLS DRIVE, WILMINGTON DE 19808 |
Roden Jake Van | officer: SVP/Portfolio Manager | 2005 MARKET STREET, PHILADELPHIA PA 19103 |
Jerome Abernathy | director | 2005 MARKET STREET, PHILADELPHIA PA 19103 |
Christianna Wood | director | 330 OLD Y ROAD, GOLDEN CO 80401 |
Shawn Lytle | officer: President/CEO | C/O DELAWARE INVESTMENTS, 2005 MARKET STREET, PHILADELPHIA PA 19103 |
Ann Dully Borowiec | director, officer: Board Member | C/O DELAWARE INVESTMENTS, 2005 MARKET STREET, PHILADELPHIA PA 19103 |
Thomas K Whitford | director | 249 FIFTH AVE, P1-POPP-30-1, PITTSBURGH PA 15222 |
From GuruFocus
By GuruFocus Research GuruFocus Editor • 01-14-2022
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