Foresight VCT (LSE:FTV) PB Ratio : 0.92 (As of May. 12, 2024)

View and export this data going back to 1997. Start your Free Trial

What is Foresight VCT 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), Foresight VCT's share price is £0.79. Foresight VCT's Book Value per Share for the quarter that ended in Dec. 2023 was £0.86. Hence, Foresight VCT's PB Ratio of today is 0.92.

The historical rank and industry rank for Foresight VCT's PB Ratio or its related term are showing as below:

LSE:FTV' s PB Ratio Range Over the Past 10 Years
Min: 0.73 Med: 0.88 Max: 1.13
Current: 0.92

During the past 13 years, Foresight VCT's highest PB Ratio was 1.13. The lowest was 0.73. And the median was 0.88.

LSE:FTV's PB Ratio is ranked better than
57.67% of 1689 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:FTV: 0.92

During the past 12 months, Foresight VCT's average Book Value Per Share Growth Rate was -1.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.60% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Foresight VCT was 50.70% per year. The lowest was -46.60% per year. And the median was -1.20% per year.

Back to Basics: PB Ratio

Foresight VCT PB Ratio Historical Data

The historical data trend for Foresight VCT'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.

Foresight VCT PB Ratio Chart

Foresight VCT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

Get a 7-Day Free Trial

0.90

0.81

0.85

0.87

0.91

Foresight VCT Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial															0.85	0.90	0.87	0.91	0.91

Competitive Comparison of Foresight VCT's PB Ratio

For the Asset Management subindustry, Foresight VCT'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.

Foresight VCT's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Foresight VCT's PB Ratio distribution charts can be found below:

* The bar in red indicates where Foresight VCT's PB Ratio falls into.

Foresight VCT 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.

Foresight VCT's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	0.79	/	0.859
	=	0.92

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.

Foresight VCT (LSE:FTV) 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.

Foresight VCT PB Ratio Related Terms

Thank you for viewing the detailed overview of Foresight VCT's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Foresight VCT (LSE:FTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Foresight VCT PLC (LSE:FTV) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 London Bridge Street, The Shard, London, GBR, SE1 9SG

Website

https://www.foresightgroup.eu

Foresight VCT PLC is a UK-based venture capital trust. The company's activity is to make investments in unquoted or alternative investment market listed companies in the UK. The investment objective of the company is to provide private investors with regular dividends and maintained capital value from a portfolio of investments in fast-growing unquoted companies in the United Kingdom. The company invests in a range of securities including, but not limited to, ordinary and preference shares, loan stock, convertible securities, fixed-interest securities, and cash.