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Firsthand Technology Value Fund (NAS:SVVC) PB Ratio

: 0.21 (As of Today)
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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 (2022-12-09), Firsthand Technology Value Fund's share price is $1.1709. Firsthand Technology Value Fund's Book Value per Share for the quarter that ended in Sep. 2022 was $5.58. Hence, Firsthand Technology Value Fund's PB Ratio of today is 0.21.

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

SVVC' s PB Ratio Range Over the Past 10 Years
Min: 0.08   Med: 0.34   Max: 0.98
Current: 0.21

During the past 11 years, Firsthand Technology Value Fund's highest PB Ratio was 0.98. The lowest was 0.08. And the median was 0.34.

SVVC's PB Ratio is ranked better than
97.67% of 1674 companies
in the Asset Management industry
Industry Median: 0.90 vs SVVC: 0.21

During the past 12 months, Firsthand Technology Value Fund's average Book Value Per Share Growth Rate was -61.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -19.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -10.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -5.10% per year.

During the past 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Firsthand Technology Value Fund was 5.40% per year. The lowest was -19.80% per year. And the median was -2.45% per year.

Back to Basics: PB Ratio


Firsthand Technology Value Fund (NAS:SVVC) PB Ratio Historical Data

The historical data trend for Firsthand Technology Value 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.

Firsthand Technology Value Fund Annual Data
Trend Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.38 0.42 0.36 0.30 0.29

Firsthand Technology Value Fund Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
PB Ratio Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.33 0.29 0.27 0.25 0.24

Firsthand Technology Value Fund (NAS:SVVC) PB Ratio Competitive Comparison

For the Asset Management subindustry, Firsthand Technology Value 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.

   

Firsthand Technology Value Fund (NAS:SVVC) PB Ratio Distribution

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

* The bar in red indicates where Firsthand Technology Value Fund's PB Ratio falls into.



Firsthand Technology Value 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.

Firsthand Technology Value Fund's PB Ratio for today is calculated as follows:

PB Ratio=Share Price/Book Value per Share (Q: Sep. 2022)
=1.1709/5.576
=0.21

* 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.


Firsthand Technology Value Fund  (NAS:SVVC) 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.


Firsthand Technology Value Fund PB Ratio Related Terms

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


Firsthand Technology Value Fund (NAS:SVVC) Business Description

Firsthand Technology Value Fund logo
Traded in Other Exchanges
N/A
Address
150 Almaden Boulevard, Suite 1250, San Jose, CA, USA, 95113
Firsthand Technology Value Fund Inc is an externally managed, non-diversified, closed-end management investment company. The Fund's investment objective is to seek long-term growth of capital, principally by seeking capital gains on its equity and equity-related investments. Its portfolio is primarily composed of equity and equity derivative securities of technology and cleantech companies. Its primary focus is to invest in illiquid private technology and cleantech companies. It may also invest in micro-cap publicly traded companies.
Executives
Landis Kevin M director, officer: President 150 ALMADEN BLVD., SUITE 1250 SAN JOSE CA 95113
Billawala Omar officer: CFO 150 ALMADEN BLVD., SUITE 1250 SAN JOSE CA 95113
Petredis Nicholas P director 150 ALMADEN BLVD., SUITE 1250 SAN JOSE CA 95113
Full Value Offshore Fund, Ltd. 10 percent owner C.O MAPLES CORPORATE SERVICES LIMITED P.O. BOX 309, UGLAND HOUSE GRAND CAYMAN E9 KY1-1104
Opportunity Income Plus Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Mcm Opportunity Partners Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Full Value Special Situations Fund Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Mercury Partners L P 10 percent owner 5650 EL CAMINO REAL SUITE 155 CARLSBAD CA 92008
Opportunity Partners Lp 10 percent owner PARK 80 WEST - PLAZA TWO 250 PEHLE AVE., SUITE 708 SADDLE BROOK NJ 07663
Full Value Partners Lp 10 percent owner PARK 80 WEST 250 PEHLE AVE. SUITE 708 SADDLE BROOK NJ 07663
Steady Gain Partners Lp 10 percent owner 2000 ROYAL COURT UNIT 2315 NORTH HILLS NY 11040
Bulldog Investors General Partnership 10 percent owner PARK 80 WEST, 250 PEHLE AVENUE SUITE 708 SADDLE BROOK NJ 07663
Calapasas West Partners Lp 10 percent owner PARK 80 WEST, 250 PEHLE AVE., STE 708 SADDLE BROOK NJ 07663
Dakos Andrew 10 percent owner 250 PEHLE AVE. SUITE 708 SADDLE BROOK NJ 07663
Samuels Steven 10 percent owner 72 COLEYTOWN ROAD WESTPORT CT 06882
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