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WAM Capital (ASX:WAM) Price-to-Tangible-Book : 0.94 (As of May. 01, 2024)


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What is WAM Capital Price-to-Tangible-Book?

As of today (2024-05-01), WAM Capital's share price is A$1.48. WAM Capital's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was A$1.57. Hence, WAM Capital's Price to Tangible Book Ratio of today is 0.94.

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

ASX:WAM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.94   Med: 1.11   Max: 1.25
Current: 0.94

During the past 13 years, WAM Capital's highest Price to Tangible Book Ratio was 1.25. The lowest was 0.94. And the median was 1.11.

ASX:WAM's Price-to-Tangible-Book is ranked worse than
51.91% of 1624 companies
in the Asset Management industry
Industry Median: 0.94 vs ASX:WAM: 0.94

A closely related ratio is called PB Ratio. As of today, WAM Capital's share price is A$1.48. WAM Capital's Book Value per Sharefor the quarter that ended in Jun. 2023 was A$1.57. Hence, WAM Capital's P/B Ratio of today is 0.94.


WAM Capital Price-to-Tangible-Book Historical Data

The historical data trend for WAM Capital'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.

WAM Capital Price-to-Tangible-Book Chart

WAM Capital Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.08 1.08 1.13 1.10 0.95

WAM Capital Semi-Annual Data
Dec13 Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
Price-to-Tangible-Book Get a 7-Day Free Trial 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 1.13 1.16 1.10 1.03 0.95

Competitive Comparison of WAM Capital's Price-to-Tangible-Book

For the Asset Management subindustry, WAM Capital'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.


WAM Capital's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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



WAM Capital Price-to-Tangible-Book Calculation

WAM Capital's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=1.48/1.574
=0.94

* 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 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.


WAM Capital Price-to-Tangible-Book Related Terms

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


WAM Capital (ASX:WAM) Business Description

Traded in Other Exchanges
N/A
Address
1 Farrer Place, Level 26, Governor Phillip Tower, Sydney, NSW, AUS, 2000
WAM Capital Ltd is a closed-end investment fund, which engages in investing activities, including cash, term deposits, and equity investments. It provides exposure to relative value arbitrage and market mispricing opportunities and manages a diversified portfolio of undervalued growth companies. Its investment objective is to deliver a stream of fully franked dividends, provide capital growth, and preserve capital.

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