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Liberty All Star Growth Fund (Liberty All Star Growth Fund) PB Ratio : 0.90 (As of Apr. 26, 2024)


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What is Liberty All Star Growth 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 (2024-04-26), Liberty All Star Growth Fund's share price is $5.155. Liberty All Star Growth Fund's Book Value per Share for the quarter that ended in Dec. 2023 was $5.75. Hence, Liberty All Star Growth Fund's PB Ratio of today is 0.90.

Good Sign:

Liberty All Star Growth Fund Inc stock PB Ratio (=0.89) is close to 1-year low of 0.86

The historical rank and industry rank for Liberty All Star Growth Fund's PB Ratio or its related term are showing as below:

ASG' s PB Ratio Range Over the Past 10 Years
Min: 0.59   Med: 1.05   Max: 1.41
Current: 0.9

During the past 7 years, Liberty All Star Growth Fund's highest PB Ratio was 1.41. The lowest was 0.59. And the median was 1.05.

ASG's PB Ratio is ranked better than
59.63% of 1692 companies
in the Asset Management industry
Industry Median: 0.93 vs ASG: 0.90

During the past 12 months, Liberty All Star Growth 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 -10.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Liberty All Star Growth Fund was 18.60% per year. The lowest was -10.40% per year. And the median was 5.10% per year.

Back to Basics: PB Ratio


Liberty All Star Growth Fund PB Ratio Historical Data

The historical data trend for Liberty All Star Growth 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.

Liberty All Star Growth Fund PB Ratio Chart

Liberty All Star Growth Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 1.05 1.03 1.09 0.94 0.92

Liberty All Star Growth Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.09 1.09 0.94 0.95 0.92

Competitive Comparison of Liberty All Star Growth Fund's PB Ratio

For the Asset Management subindustry, Liberty All Star Growth 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.


Liberty All Star Growth Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Liberty All Star Growth Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Liberty All Star Growth Fund's PB Ratio falls into.



Liberty All Star Growth 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.

Liberty All Star Growth Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=5.155/5.749
=0.90

* 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.


Liberty All Star Growth Fund  (NYSE:ASG) 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.


Liberty All Star Growth Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Liberty All Star Growth Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.


Liberty All Star Growth Fund (Liberty All Star Growth Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Broadway, Suite 1100, Denver, CO, USA, 80203
Liberty All Star Growth Fund Inc is the United States based diversified, closed-end management investment company. Its investment objective is to seek long-term capital appreciation through investment in a diversified portfolio of equity securities. The company portfolio of investments consists of different industries such as consumer discretionary, consumer staples, healthcare, industrial, information technology and others.
Executives
Mark T Haley officer: Vice President C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Robert Milas officer: Vice President of the Funds 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Milton M Irvin other: Trustee C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Edmund J Burke director 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Michelle Stallworth officer: ASSISTANT SECRETARY 1290 BROADWAY, SUITE 1000, DENVER CO 80203
Tanya Tancheff officer: Assistant Treasurer 1290 BROADWAY 1000, DENVER CO 80203
Erich Rettinger officer: Treasurer 1290 BROADWAY SUITE 1100, DENVER CO 80203
Maureen K Usifer other: Trustee C/O BLACKROCK KELSO CAPITAL ADVISORS LLC, 40 EAST 52ND STREET, NEW YORK NY 10022
Parmentier William R Jr officer: President & CEO C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Thomas W Brock director 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Jill Kerschen officer: Treasurer 1700 BROADWAY, SUITE 1850, DENVER CO 80290
Laton Spahr other: President of the Adviser 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Matthew Sutula other: Interim CCO 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Michael Sleightholme other: Officer of Investment Advisor 1290 BROADWAY, SUITE 1100, DENVER CO 80203
John J Neuhauser director C/O LIBERTY ALL-STAR FUNDS, 1290 BROADWAY, SUITE 1100, DENVER CO 80203

Liberty All Star Growth Fund (Liberty All Star Growth Fund) Headlines