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Royce Value Trust PB Ratio

: 0.92 (As of Today)
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As of today (2020-11-24), Royce Value Trust's share price is $15.28. Royce Value Trust's Book Value per Share for the fiscal year that ended in Dec. 2019 was $16.58. Hence, Royce Value Trust's P/B Ratio of today is 0.92.

NYSE:RVT' s PB Ratio Range Over the Past 10 Years
Min: 0.51   Med: 0.82   Max: 1.06
Current: 1.06

0.51
1.06

During the past 3 years, Royce Value Trust's highest P/B Ratio was 1.06. The lowest was 0.51. And the median was 0.82.

NYSE:RVT's PB Ratio is ranked lower than
57% of the 1705 Companies
in the Asset Management industry.

( Industry Median: 1.01 vs. NYSE:RVT: 1.06 )

During the past 12 months, Royce Value Trust's average Book Value Per Share Growth Rate was 20.80% per year.

Back to Basics: P/B Ratio


Royce Value 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.

Royce Value Trust Annual Data
Dec17 Dec18 Dec19
PB Ratio 0.92 0.86 0.89

Royce Value Trust Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20
PB Ratio Premium Member Only 3.14 0.86 0.88 0.89 0.87

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.


Royce Value Trust PB Ratio Distribution

* The bar in red indicates where Royce Value Trust's PB Ratio falls into.



Royce Value Trust PB Ratio Calculation

Royce Value Trust's P/B ratio for today is calculated as follows:

P/B Ratio=Share Price/Book Value per Share (A: Dec. 2019)
=15.28/16.576
=0.92

* 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.


Royce Value Trust  (NYSE:RVT) 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.


Royce Value Trust PB Ratio Related Terms


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