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Tcw Strategicome Fund (Tcw Strategicome Fund) PB Ratio : 0.91 (As of May. 13, 2024)


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What is Tcw Strategicome Fund 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 (2024-05-13), Tcw Strategicome Fund's share price is $4.62. Tcw Strategicome Fund's Book Value per Share for the quarter that ended in Dec. 2023 was $5.05. Hence, Tcw Strategicome Fund's PB Ratio of today is 0.91.

Good Sign:

Tcw Strategic Income Fund Inc stock PB Ratio (=0.91) is close to 1-year low of 0.91

The historical rank and industry rank for Tcw Strategicome Fund's PB Ratio or its related term are showing as below:

TSI' s PB Ratio Range Over the Past 10 Years
Min: 0.75   Med: 0.95   Max: 1.05
Current: 0.91

During the past 7 years, Tcw Strategicome Fund's highest PB Ratio was 1.05. The lowest was 0.75. And the median was 0.95.

TSI's PB Ratio is ranked better than
60.08% of 1691 companies
in the Asset Management industry
Industry Median: 0.95 vs TSI: 0.91

During the past 12 months, Tcw Strategicome Fund's average Book Value Per Share Growth Rate was 2.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.90% per year.

During the past 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Tcw Strategicome Fund was 0.20% per year. The lowest was -4.90% per year. And the median was -2.55% per year.

Back to Basics: PB Ratio


Tcw Strategicome Fund PB Ratio Historical Data

The historical data trend for Tcw Strategicome Fund'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.

Tcw Strategicome Fund PB Ratio Chart

Tcw Strategicome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
PB Ratio
Get a 7-Day Free Trial 1.01 0.97 1.01 0.94 0.91

Tcw Strategicome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
PB Ratio Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.01 0.94 0.94 0.92 0.91

Competitive Comparison of Tcw Strategicome Fund's PB Ratio

For the Asset Management subindustry, Tcw Strategicome Fund'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.


Tcw Strategicome Fund's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Tcw Strategicome Fund's PB Ratio falls into.



Tcw Strategicome Fund 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.

Tcw Strategicome Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Dec. 2023)
=4.62/5.052
=0.91

* 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.


Tcw Strategicome Fund  (NYSE:TSI) 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.


Tcw Strategicome Fund PB Ratio Related Terms

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


Tcw Strategicome Fund (Tcw Strategicome Fund) Business Description

Traded in Other Exchanges
N/A
Address
865 South Figueroa Street, Suite 1800, Los Angeles, CA, USA, 90017
Tcw Strategic Income Fund Inc operates as a closed-end management investment company. Its investment objective is to seek a total return comprised of current income and capital appreciation by investing in a wide range of securities. The company invests in a range of industries, such as airlines, banks, beverages, biotechnology, chemicals, computers, diversified financial services, entertainment, and others.
Executives
Mitch Flack officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Laird Landmann officer: Portfolio Manager 865 S. FIGUEROA ST, SUITE 1800, LOS ANGELES CA 90017
Robert Gerald Rooney director 865 SOUTH FIGUEROA ST, SUITE 1800, LOS ANGELES CA 90017
Peter Mcmillan director
Steve Kane officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Lisa E Eisen officer: Tax Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Jeffrey A Engelsman officer: Chief Compliance Officer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Tad Rivelle officer: Portfolio Manager C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 S. FIGUEROA ST., SUITE 1800, LOS ANGELES CA 90017
Victoria B Rogers director C/O TCW INVESTMENT MANAGEMENT COMPANY, 865 SOUTH FIGUEROA STREET SUITE 1800, LOS ANGELES CA 90017
Charles A Parker director
Samuel P Bell director 865 S. FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
Richard Villa officer: Treasurer 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
David Lippman director 865 SOUTH FIGUEROA STREET, SUITE 1800, LOS ANGELES CA 90017
John A Gavin director
Patrick C Haden director 3475 EAST FOOTHILL BOULEVARD, PASADENA CA 91107

Tcw Strategicome Fund (Tcw Strategicome Fund) Headlines

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