ARC Funds (ASX:ARC) Price-to-Tangible-Book : 2.14 (As of May. 26, 2024)

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What is ARC Funds Price-to-Tangible-Book?

As of today (2024-05-26), ARC Funds's share price is A$0.105. ARC Funds's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was A$0.05. Hence, ARC Funds's Price to Tangible Book Ratio of today is 2.14.

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

ASX:ARC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.25 Med: 0.36 Max: 5.89
Current: 2.1

During the past 13 years, ARC Funds's highest Price to Tangible Book Ratio was 5.89. The lowest was 0.25. And the median was 0.36.

ASX:ARC's Price-to-Tangible-Book is ranked worse than
86.2% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs ASX:ARC: 2.10

A closely related ratio is called PB Ratio. As of today, ARC Funds's share price is A$0.105. ARC Funds's Book Value per Sharefor the quarter that ended in Dec. 2023 was A$0.05. Hence, ARC Funds's P/B Ratio of today is 2.06.

ARC Funds Price-to-Tangible-Book Historical Data

The historical data trend for ARC Funds'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.

ARC Funds Price-to-Tangible-Book Chart

ARC Funds Annual Data

Trend

Jun14

Jun15

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Jun23

Price-to-Tangible-Book

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0.28

0.29

2.32

4.90

3.75

ARC Funds Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															5.89	4.90	4.46	3.75	4.08

Competitive Comparison of ARC Funds's Price-to-Tangible-Book

For the Asset Management subindustry, ARC Funds'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.

ARC Funds's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where ARC Funds's Price-to-Tangible-Book falls into.

ARC Funds Price-to-Tangible-Book Calculation

ARC Funds's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.105	/	0.049
	=	2.14

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.

ARC Funds Price-to-Tangible-Book Related Terms

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

ARC Funds (ASX:ARC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ARC Funds Ltd (ASX:ARC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

c/- Acclime Australia, Level 7, 330 Collins Street, Melbourne, VIC, AUS, 3000

Website

https://www.arcfunds.com.au

ARC Funds Ltd is engaged in providing equity investments and funds management and financial services. The company operates only in Australia. Its business operates through two segments: Funds Management, which is involved in the management of investment vehicles and provision of funds management services; and Investment, which invests in agriculture-related entities, schemes and securities; microcap Australian companies, and other financial services entities.