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Voya Prime Rate Trust PB Ratio

: 0.83 (As of Today)
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As of today (2020-09-28), Voya Prime Rate Trust's share price is $4.41. Voya Prime Rate Trust's Book Value per Share for the fiscal year that ended in Feb. 2020 was $5.30. Hence, Voya Prime Rate Trust's P/B Ratio of today is 0.83.

NYSE:PPR' s PB Ratio Range Over the Past 10 Years
Min: 0.65   Med: 0.86   Max: 0.98
Current: 0.83


During the past 3 years, Voya Prime Rate Trust's highest P/B Ratio was 0.98. The lowest was 0.65. And the median was 0.86.

NYSE:PPR's PB Ratio is ranked higher than
70% of the 1702 Companies
in the Asset Management industry.

( Industry Median: 0.94 vs. NYSE:PPR: 0.83 )

During the past 12 months, Voya Prime Rate Trust's average Book Value Per Share Growth Rate was -4.30% per year.

Back to Basics: P/B Ratio

Voya Prime Rate Trust 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.

Voya Prime Rate Trust Annual Data
Feb18 Feb19 Feb20
PB Ratio 0.91 0.87 0.93

Voya Prime Rate Trust Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20
PB Ratio Premium Member Only 0.91 0.88 0.87 0.86 0.93

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.

Voya Prime Rate Trust PB Ratio Distribution

* The bar in red indicates where Voya Prime Rate Trust's PB Ratio falls into.

Voya Prime Rate Trust PB Ratio Calculation

Voya Prime Rate Trust's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (A: Feb. 2020)

* 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.

Voya Prime Rate Trust  (NYSE:PPR) 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.

Voya Prime Rate Trust PB Ratio Related Terms

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