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Invesco Dynamic Credit Opportunities Fund (Invesco Dynamic Credit Opportunities Fund) PB Ratio : 0.92 (As of May. 12, 2024)


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What is Invesco Dynamic Credit Opportunities 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 (2024-05-12), Invesco Dynamic Credit Opportunities Fund's share price is $11.45. Invesco Dynamic Credit Opportunities Fund's Book Value per Share for the quarter that ended in Aug. 2021 was $12.46. Hence, Invesco Dynamic Credit Opportunities Fund's PB Ratio of today is 0.92.

The historical rank and industry rank for Invesco Dynamic Credit Opportunities Fund's PB Ratio or its related term are showing as below:

VTA's PB Ratio is not ranked *
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful PB Ratio only.

Back to Basics: PB Ratio

Invesco Dynamic Credit Opportunities Fund PB Ratio Historical Data

The historical data trend for Invesco Dynamic Credit Opportunities 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.

Invesco Dynamic Credit Opportunities Fund PB Ratio Chart

Invesco Dynamic Credit Opportunities Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21
PB Ratio
0.88 0.87 0.88 0.92

Invesco Dynamic Credit Opportunities Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21
PB Ratio Get a 7-Day Free Trial Premium Member Only 0.87 0.88 0.83 0.92 0.94

Competitive Comparison of Invesco Dynamic Credit Opportunities Fund's PB Ratio

For the Asset Management subindustry, Invesco Dynamic Credit Opportunities 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.

Invesco Dynamic Credit Opportunities Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Invesco Dynamic Credit Opportunities Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Invesco Dynamic Credit Opportunities Fund's PB Ratio falls into.


Invesco Dynamic Credit Opportunities 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.

Invesco Dynamic Credit Opportunities Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Aug. 2021)
=11.45/12.46
=0.92

* 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:

PB Ratio=Market Cap /(Total Stockholders Equity-Preferred Stock)

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.

Invesco Dynamic Credit Opportunities Fund  (NYSE:VTA) 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.

Invesco Dynamic Credit Opportunities Fund PB Ratio Related Terms

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

Invesco Dynamic Credit Opportunities Fund (Invesco Dynamic Credit Opportunities Fund) Business Description

Industry
GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Invesco Dynamic Credit Opportunities Fund (NYSE:VTA) » Definitions » PB Ratio
Comparable Companies
LSE:HGT LSE:VOF GBL LSE:TPOU TSE:8595 LSE:HSL LSE:P2P TSX:EIT.UN LSE:NESF SLRC LSE:JESC LSE:PEY LSE:BBGI LSE:FSV LSE:SOI TCPC LSE:SCIN TSX:FSZ ASX:AUI ASX:BKI
Traded in Other Exchanges
N/A
Address
1555 Peachtree Street North-East, Suite 1800, Atlanta, GA, USA, 30309
Website
https://www.invesco.com
Invesco Dynamic Credit Opportunities Fund is an investment fund. The fund's investment objective is to seek a high level of current income, with a secondary objective of capital appreciation. The fund seeks to achieve its objectives by investing in a portfolio of interests in floating or variable senior loans to corporations, partnerships, and other entities which operate in a variety of industries and geographic regions.
Executives
Antonio Reina officer: Secretary 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Saba Capital Management, L.p. 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Josh E Levit officer: Chief Compliance Officer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Haley S Waldron officer: Chief Accounting Officer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Tara Mcaleer officer: Chief Compliance Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Kevin M Carome director
Loren M Starr director
Stephen William Swanson officer: Secretary and General Counsel 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Robert Phillip Drobny officer: Vice President 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Mark William Gregson officer: Controller & Treasurer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Todd F Kuehl officer: Chief Compliance officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Boaz Weinstein 10 percent owner 405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174