DoubleLine Yield Opportunities Fund (DoubleLine Yield Opportunities Fund) PB Ratio : 1.05 (As of May. 12, 2024)

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What is DoubleLine Yield Opportunities Fund 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 (2024-05-12), DoubleLine Yield Opportunities Fund's share price is $15.86. DoubleLine Yield Opportunities Fund's Book Value per Share for the quarter that ended in Sep. 2023 was $15.08. Hence, DoubleLine Yield Opportunities Fund's PB Ratio of today is 1.05.

Warning Sign:

DoubleLine Yield Opportunities Fund stock PB Ratio (=1.05) is close to 5-year high of 1.06

The historical rank and industry rank for DoubleLine Yield Opportunities Fund's PB Ratio or its related term are showing as below:

DLY' s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 0.94 Max: 1.06
Current: 1.05

During the past 4 years, DoubleLine Yield Opportunities Fund's highest PB Ratio was 1.06. The lowest was 0.69. And the median was 0.94.

DLY's PB Ratio is ranked worse than
68.62% of 1689 companies
in the Asset Management industry
Industry Median: 0.95 vs DLY: 1.05

During the past 12 months, DoubleLine Yield Opportunities Fund's average Book Value Per Share Growth Rate was -1.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.60% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of DoubleLine Yield Opportunities Fund was -7.60% per year. The lowest was -7.60% per year. And the median was -7.60% per year.

Back to Basics: PB Ratio

DoubleLine Yield Opportunities Fund PB Ratio Historical Data

The historical data trend for DoubleLine Yield Opportunities 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.

* Premium members only.

DoubleLine Yield Opportunities Fund PB Ratio Chart

DoubleLine Yield Opportunities Fund Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

PB Ratio

0.95

0.89

0.98

DoubleLine Yield Opportunities Fund Semi-Annual Data
	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial			0.95	0.92	0.89	0.93	0.98

Competitive Comparison of DoubleLine Yield Opportunities Fund's PB Ratio

For the Asset Management subindustry, DoubleLine Yield 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.

DoubleLine Yield Opportunities Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, DoubleLine Yield Opportunities Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where DoubleLine Yield Opportunities Fund's PB Ratio falls into.

DoubleLine Yield 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.

DoubleLine Yield Opportunities Fund's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	15.86	/	15.079
	=	1.05

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.

DoubleLine Yield Opportunities Fund (NYSE:DLY) 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.

DoubleLine Yield Opportunities Fund PB Ratio Related Terms

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DoubleLine Yield Opportunities Fund (DoubleLine Yield Opportunities Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » DoubleLine Yield Opportunities Fund (NYSE:DLY) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

2002 North Tampa Street, Suite 200, Tampa, FL, USA, 33602

Website

https://www.doublelinefunds.com

DoubleLine Yield Opportunities Fund is organized as a non-diversified, limited-term, closed-end management investment company. The Fund's investment objective is to seek a high level of total return, with an emphasis on current income.

Executives

Lisa Chen	officer: AML Compliance Officer	C/O DOUBLELINE FUNDS, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
John C. Salter	other: Trustee	C/O DOUBLELINE CAPITAL LP, 2002 NORTH TAMPA STREET, SUITE 200, TAMPA FL 33602
Jose Sarmenta	officer: AML Officer	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Joan Elam	officer: Dir of HR for DLY's Inv Adv	C/O DOUBLELINE CAPITAL, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Robert Herron	officer: Vice President	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, LOS ANGELES CA 90071
Raymond Woolson	other: Trustee	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Jeffrey E Gundlach	officer: See Remarks	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
David James Kennedy	officer: Vice President	333 SOUTH GRAND AVE 18TH FLOOR, LOS ANGELES CA 90071
Patrick Aaron Townzen	officer: Vice President	333 SOUTH GRAND AVE 18TH FLOOR, LOS ANGELES CA 90071
Every Barbara Van	officer: See Remarks	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Casey Moore	officer: See Remarks	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Ana Cris Santa	officer: Vice President and Secretary	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Earl A. Lariscy	officer: Vice President	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Henry V Chase	officer: See Remarks	C/O DOUBLELINE CAPITAL LP, 333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071
Joseph J. Ciprari	other: Trustee	333 SOUTH GRAND AVENUE, 18TH FLOOR, LOS ANGELES CA 90071