PFO'
s PB Ratio Range Over the Past 10 Years
Min: 0.69 Med: 0.98 Max: 1.18
Current: 0.9
During the past 7 years, Flaherty & Crumrine Prfdome Oppo's highest PB Ratio was 1.18. The lowest was 0.69. And the median was 0.98.
PFO's PB Ratio is ranked better than 57.33% of 1692
companies
in the Asset Management industry
Industry Median: 0.93
vs PFO: 0.90
During the past 12 months, Flaherty & Crumrine Prfdome Oppo's average Book Value Per Share Growth Rate was -4.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -9.30% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -4.30% per year.
During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Flaherty & Crumrine Prfdome Oppo was 4.60% per year. The lowest was -9.30% per year. And the median was -3.70% per year.
Back to Basics: PB Ratio
Flaherty & Crumrine Prfdome Oppo PB Ratio Historical Data
* 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.
Competitive Comparison of Flaherty & Crumrine Prfdome Oppo's PB Ratio
For the Asset Management subindustry, Flaherty & Crumrine Prfdome Oppo'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.
Flaherty & Crumrine Prfdome Oppo's PB Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Prfdome Oppo's PB Ratio distribution charts can be found below:
* The bar in red indicates where Flaherty & Crumrine Prfdome Oppo's PB Ratio falls into.
Flaherty & Crumrine Prfdome Oppo 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.
* 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.
Flaherty & Crumrine Prfdome Oppo (NYSE:PFO) PB Ratio Explanation
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.
Flaherty & Crumrine Prfdome Oppo PB Ratio Related Terms
Thank you for viewing the detailed overview of Flaherty & Crumrine Prfdome Oppo's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.
Flaherty & Crumrine Prfd Income Oppo is the United States-based diversified, closed-end investment company. Its primary investment objective is to produce high current income consistent with the preservation of capital. The fund invests primarily in a diversified portfolio of preferred securities which includes traditional preferred stocks eligible for the inter-corporate dividends received a deduction and fully taxable preferred securities.
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