H&G High Conviction (ASX:HCF) Price-to-Tangible-Book: 3.33 (As of Sep. 22, 2026)

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What is H&G High Conviction Price-to-Tangible-Book?

H&G High Conviction ASX:HCF Price-to-Tangible-Book is 3.33 as of Sep. 22, 2026. The stock has 1 warning sign investors should review.

As of today (2026-09-22), H&G High Conviction's share price is A$0.03. H&G High Conviction's Tangible Book per Share of Jun. 2026 for the quarter that ended in Jun. 2026 was A$0.01. Hence, H&G High Conviction's Price to Tangible Book Ratio of today is 3.33.

The historical rank and industry rank for H&G High Conviction's Price-to-Tangible-Book or its related term are showing as below:

ASX:HCF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96   Med: 2.15   Max: 3.33
Current: 3

During the past 4 years, H&G High Conviction's highest Price to Tangible Book Ratio was 3.33. The lowest was 0.96. And the median was 2.15.

ASX:HCF's Price-to-Tangible-Book is not ranked
in the Asset Management industry.
Industry Median: 0.92 vs ASX:HCF: 3.00

A closely related ratio is called PB Ratio. As of today, H&G High Conviction's share price is A$0.03. H&G High Conviction's Book Value per Sharefor the quarter that ended in Jun. 2026 was A$0.01. Hence, H&G High Conviction's P/B Ratio of today is 3.33.

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.

H&G High Conviction Price-to-Tangible-Book Related Terms

H&G High Conviction Price-to-Tangible-Book Historical Data

* Premium members only.

The historical data trend for H&G High Conviction'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.

H&G High Conviction Price-to-Tangible-Book Chart

H&G High Conviction Annual Data
Trend Jun23 Jun24 Jun25 Jun26
Price-to-Tangible-Book
0.91 0.88 2.33 3.33

H&G High Conviction Semi-Annual Data
Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25 Jun26
Price-to-Tangible-Book Get a 7-Day Free Trial 0.88 0.78 2.33 3.10 3.33

ASX:HCF vs BLK, BX, KKR: Price-to-Tangible-Book Comparison

For the Asset Management subindustry, H&G High Conviction'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.

H&G High Conviction Price-to-Tangible-Book vs Asset Management Industry

For the Asset Management industry and Financial Services sector, H&G High Conviction's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where H&G High Conviction's Price-to-Tangible-Book falls into.


H&G High Conviction Price-to-Tangible-Book Calculation

H&G High Conviction's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2026 )
=0.03/0.009
=3.33

* 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:

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.

Frequently Asked Questions Learn more about Price-to-Tangible-Book →
What does a Price-to-Tangible-Book of 3.33 mean?
H&G High Conviction (ASX:HCF) has a Price-to-Tangible-Book of 3.33 as of Sep. 22, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on H&G High Conviction and its competitors.
Is H&G High Conviction's Price-to-Tangible-Book too high?
H&G High Conviction's current Price-to-Tangible-Book is 3.33. The Asset Management industry median Price-to-Tangible-Book is 0.92. H&G High Conviction's value of 3.33 is 262% above this industry median.
How does H&G High Conviction's Price-to-Tangible-Book compare to BLK and BX?
H&G High Conviction's Price-to-Tangible-Book of 3.33 can be compared against companies in the Asset Management industry. The industry median Price-to-Tangible-Book is 0.92. H&G High Conviction's value of 3.33 is 262% above this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Asset Management company?
The median Price-to-Tangible-Book among Asset Management companies is 0.92, based on 1,522 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. H&G High Conviction's current Price-to-Tangible-Book of 3.33 is 262% above the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on H&G High Conviction and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. H&G High Conviction's current Price-to-Tangible-Book is 3.33. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is H&G High Conviction stock overvalued right now?
H&G High Conviction (ASX:HCF) has a current Price-to-Tangible-Book of 3.33. The current Price-to-Tangible-Book is 3.33 and 262% above the Asset Management industry median of 0.92. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For H&G High Conviction (ASX:HCF), the current Price-to-Tangible-Book is 3.33 as of Sep. 22, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

H&G High Conviction Business Description

Address 68 Pitt Street, Level 11, Sydney, NSW, AUS, 2000
H&G High Conviction Ltd is an investment company that focuses on building a portfolio of microcap companies. The company aims to generate risk-adjusted returns by investing in companies with solid fundamental prospects that are undervalued by the market. It generates revenue through interest income and dividends from its portfolio investments. The company's investment activities are centered in the Australian market.