Asia Pacific Fund (Asia Pacific Fund) Price-to-Tangible-Book : 0.75 (As of May. 18, 2024)

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What is Asia Pacific Fund Price-to-Tangible-Book?

As of today (2024-05-18), Asia Pacific Fund's share price is $11.54. Asia Pacific Fund's Tangible Book per Share of Mar. 2018 for the quarter that ended in Mar. 2018 was $15.38. Hence, Asia Pacific Fund's Price to Tangible Book Ratio of today is 0.75.

The historical rank and industry rank for Asia Pacific Fund's Price-to-Tangible-Book or its related term are showing as below:

APB's Price-to-Tangible-Book is not ranked ^*
in the Asset Management industry.
Industry Median: 0.96
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Asia Pacific Fund's share price is $11.54. Asia Pacific Fund's Book Value per Sharefor the quarter that ended in Mar. 2018 was $15.38. Hence, Asia Pacific Fund's P/B Ratio of today is 0.75.

Asia Pacific Fund Price-to-Tangible-Book Historical Data

The historical data trend for Asia Pacific Fund's Price-to-Tangible-Book 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.

Asia Pacific Fund Price-to-Tangible-Book Chart

Asia Pacific Fund Annual Data

Trend

Mar18

Price-to-Tangible-Book

Asia Pacific Fund Semi-Annual Data
	Sep17	Mar18	Sep18
Price-to-Tangible-Book	-	-	-

Competitive Comparison of Asia Pacific Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Asia Pacific Fund's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.

Asia Pacific Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Asia Pacific Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Asia Pacific Fund's Price-to-Tangible-Book falls into.

Asia Pacific Fund Price-to-Tangible-Book Calculation

Asia Pacific Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2018 )
	=	11.54	/	15.384
	=	0.75

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

A closely related ratio is called PB Ratio. The difference between Price-to-Tangible-Book Ratio and PB Ratio is that book value other than intangibles are used in the calculation.

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.

Asia Pacific Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Asia Pacific Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

Asia Pacific Fund (Asia Pacific Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Asia Pacific Fund Inc (NYSE:APB) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.asiapacificfund.com

Asia Pacific Fund Inc is a closed end management investment company. Its objective is high current income and its secondary objective is capital appreciation.

Executives

Michael J Downey	director	GATEWAY CENTERTHREE, 100 MULBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
City Of London Investment Group Plc	10 percent owner	77 GRACECHURCH STREET, LONDON X0 EC3V0AS
City Of London Investment Management Co Ltd	10 percent owner	77 GRACECHURCH STREET, LONDON X0 EC3V0AS
King Lun Au	officer: President	48 WALL STREET, 22ND FLOOR, NEW YORK NY 10005
Frank J. Maresca	officer: Treasurer	5 GREENVIEW CIR., HUNTINGTON NY 11743-5152
Hoyt M. Peters	officer: Secretary	1075 HENDERSONVILLE ROAD, ASHEVILLE NC 28803
Ann Marie Swanson	officer: Chief Compliance Officer	300 BAKER AVENUE, SUITE 300, CONCORD MA 01742
Robert F Gunia	director	GATEWAY CENTER THREE, 100 MULBERRY ST 4TH FLR, NEWARK NJ 07102
Elyse Mclaughlin	officer: Assistant Treasurer	655 BROAD ST., NEWARK NJ 07102
Duncan M Mcfarland	director	GANNETT CO., INC., 7950 JONES BRANCH DRIVE, MCLEAN VA 22107
Christopher Sykes	director	GATEWAY CENTER THREE, 100 MULBERRY STREET, NEWARK NJ 07102
William Graham Tung	director	100 MULBERRY STREET, GATEWAY CENTER THREE, NEWARK NJ 07102
Raymond Tam	officer: President	GATEWAY CENTER THREE, 100 MULBERRY STREET, NEWARK NJ 07102
David J Brennan	director	GATEWAY CENTERTHREE, 100 MULBERRY STREET, 4TH FLOOR, NEWARK NJ 07102
Olarn Chaipravat	director	GATEWAY CENTERTHREE, 100 MULBERRY STREET, 4TH FLOOR, NEWARK NJ 07102