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Hercules Capital (Hercules Capital) PB Ratio : 1.66 (As of Apr. 25, 2024)


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What is Hercules Capital 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 (2024-04-25), Hercules Capital's share price is $18.96. Hercules Capital's Book Value per Share for the quarter that ended in Dec. 2023 was $11.43. Hence, Hercules Capital's PB Ratio of today is 1.66.

Warning Sign:

Hercules Capital Inc stock PB Ratio (=1.65) is close to 10-year high of 1.72

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

HTGC' s PB Ratio Range Over the Past 10 Years
Min: 0.67   Med: 1.35   Max: 1.72
Current: 1.66

During the past 13 years, Hercules Capital's highest PB Ratio was 1.72. The lowest was 0.67. And the median was 1.35.

HTGC's PB Ratio is ranked worse than
84.82% of 1693 companies
in the Asset Management industry
Industry Median: 0.93 vs HTGC: 1.66

During the past 12 months, Hercules Capital's average Book Value Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 1.10% per year.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Hercules Capital was 68.90% per year. The lowest was -8.30% per year. And the median was -0.10% per year.

Back to Basics: PB Ratio


Hercules Capital PB Ratio Historical Data

The historical data trend for Hercules Capital'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.

Hercules Capital PB Ratio Chart

Hercules Capital Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.33 1.28 1.48 1.25 1.46

Hercules Capital Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.25 1.19 1.35 1.50 1.46

Competitive Comparison of Hercules Capital's PB Ratio

For the Asset Management subindustry, Hercules Capital'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.


Hercules Capital's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Hercules Capital's PB Ratio falls into.



Hercules Capital 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.

Hercules Capital's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=18.96/11.427
=1.66

* 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.


Hercules Capital  (NYSE:HTGC) 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.


Hercules Capital PB Ratio Related Terms

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


Hercules Capital (Hercules Capital) Business Description

Traded in Other Exchanges
Address
400 Hamilton Avenue, Suite 310, Palo Alto, CA, USA, 94301
Hercules Capital Inc is a specialty finance company engaged in providing senior secured loans to high-growth, venture capital-backed companies in a variety of technology, life sciences, and sustainable and renewable technology industries. It invests primarily in structured debt with warrants and, to a lesser extent, in senior debt and equity investments. The company lends to and invests in portfolio companies in various technology-related industries including technology, drug discovery and development, biotechnology, life sciences, healthcare, and sustainable and renewable technology.
Executives
Nikos Theodosopoulos director C/O ARISTA NETWORKS, INC., 5453 GREAT AMERICA PARKWAY, SANTA CLARA CA 95054
Christian Follmann officer: Chief Operating Officer C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Gayle A Crowell director
Wade Loo director C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Scott Bluestein officer: Chief Investment Officer 303 COLUMBUS AVENUE, APT 506, BOSTON MA 02116
Deanne Aguirre director C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Thomas J Fallon director C/O INFINERA CORPORATION, 140 CASPIAN COURT, SUNNYVALE CA 94089
Kiersten Zaza Botelho officer: General Counsel & CCO C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Paramjeet K Randhawa director C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Carol L Foster director C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Seth H Meyer officer: Chief Financial Officer C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Jorge Titinger director 7005 SOUTHFRONT ROAD, LIVERMORE CA 94551
Doreen Woo Ho director C/O HERCULES CAPITAL, INC., 400 HAMILTON AVENUE, SUITE 310, PALO ALTO CA 94301
Waldt Gerard R Jr. officer: Interim Chief Accounting Off 400 HAMILTON AVENUE SUITE 310, PALO ALTO CA 94301
Bradford C. Koenig director C/O GSV CAPITAL CORP., 2925 WOODSIDE ROAD, WOODSIDE CA 94062