Switch to:

Alliancebernstein Glb High Fund PB Ratio

: 1.05 (As of Today)
View and export this data going back to . Start your Free Trial

As of today (2020-11-24), Alliancebernstein Glb High Fund's share price is $11.26. Alliancebernstein Glb High Fund's Book Value per Share for the fiscal year that ended in Mar. 2020 was $10.74. Hence, Alliancebernstein Glb High Fund's P/B Ratio of today is 1.05.

NYSE:AWF' s PB Ratio Range Over the Past 10 Years
Min: 0.68   Med: 0.86   Max: 1.04
Current: 1.04

0.68
1.04

During the past 3 years, Alliancebernstein Glb High Fund's highest P/B Ratio was 1.04. The lowest was 0.68. And the median was 0.86.

NYSE:AWF's PB Ratio is ranked lower than
52% of the 1707 Companies
in the Asset Management industry.

( Industry Median: 1.02 vs. NYSE:AWF: 1.04 )

During the past 12 months, Alliancebernstein Glb High Fund's average Book Value Per Share Growth Rate was -17.10% per year.

Back to Basics: P/B Ratio


Alliancebernstein Glb High Fund PB Ratio Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's currency.

* Premium members only.

Alliancebernstein Glb High Fund Annual Data
Mar18 Mar19 Mar20
PB Ratio 0.88 0.89 0.86

Alliancebernstein Glb High Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20
PB Ratio Premium Member Only 0.88 0.88 0.89 0.91 0.86

Competitive Comparison
* 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.


Alliancebernstein Glb High Fund PB Ratio Distribution

* The bar in red indicates where Alliancebernstein Glb High Fund's PB Ratio falls into.



Alliancebernstein Glb High Fund PB Ratio Calculation

Alliancebernstein Glb High Fund's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (A: Mar. 2020)
=11.26/10.741
=1.05

* All numbers are in millions except for per share data and ratio. All numbers are in their local exchange's 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 Price-to-Book Ratio is that book value other than intangibles are used in the calculation.


Alliancebernstein Glb High Fund  (NYSE:AWF) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PS Ratio or Price-to-Free-Cash-Flow, the Price-to-Book Ratio measures the valuation of the stock relative to the underlying asset of the company.

The Price-to-Book 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 Price-to-Book Ratio does not work well for these companies. Some companies even have negative equity, so the Price-to-Book Ratio cannot be applied to them.


Alliancebernstein Glb High Fund PB Ratio Related Terms


Alliancebernstein Glb High Fund PB Ratio Headlines

No Headline

Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to $400 per referral. ( Learn More)