BlackRock 2037 Mun Tgt (BlackRock 2037 Mun Tgt) Price-to-Tangible-Book : 0.93 (As of Jun. 20, 2024)

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What is BlackRock 2037 Mun Tgt Price-to-Tangible-Book?

As of today (2024-06-20), BlackRock 2037 Mun Tgt's share price is $24.49. BlackRock 2037 Mun Tgt's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $26.20. Hence, BlackRock 2037 Mun Tgt's Price to Tangible Book Ratio of today is 0.93.

The historical rank and industry rank for BlackRock 2037 Mun Tgt's Price-to-Tangible-Book or its related term are showing as below:

BMN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.91 Med: 0.94 Max: 0.96
Current: 0.93

During the past 2 years, BlackRock 2037 Mun Tgt's highest Price to Tangible Book Ratio was 0.96. The lowest was 0.91. And the median was 0.94.

BMN's Price-to-Tangible-Book is ranked better than
53.98% of 1619 companies
in the Asset Management industry
Industry Median: 0.94 vs BMN: 0.93

A closely related ratio is called PB Ratio. As of today, BlackRock 2037 Mun Tgt's share price is $24.49. BlackRock 2037 Mun Tgt's Book Value per Sharefor the quarter that ended in Dec. 2023 was $26.20. Hence, BlackRock 2037 Mun Tgt's P/B Ratio of today is 0.93.

BlackRock 2037 Mun Tgt Price-to-Tangible-Book Historical Data

The historical data trend for BlackRock 2037 Mun Tgt'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.

BlackRock 2037 Mun Tgt Price-to-Tangible-Book Chart

BlackRock 2037 Mun Tgt Annual Data

Trend

Dec22

Dec23

Price-to-Tangible-Book

0.96

0.91

BlackRock 2037 Mun Tgt Semi-Annual Data
	Dec22	Jun23	Dec23
Price-to-Tangible-Book	0.96	0.97	0.91

Competitive Comparison of BlackRock 2037 Mun Tgt's Price-to-Tangible-Book

For the Asset Management subindustry, BlackRock 2037 Mun Tgt'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.

BlackRock 2037 Mun Tgt's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock 2037 Mun Tgt's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where BlackRock 2037 Mun Tgt's Price-to-Tangible-Book falls into.

BlackRock 2037 Mun Tgt Price-to-Tangible-Book Calculation

BlackRock 2037 Mun Tgt's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	24.49	/	26.196
	=	0.93

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.

BlackRock 2037 Mun Tgt Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of BlackRock 2037 Mun Tgt's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

BlackRock 2037 Mun Tgt (BlackRock 2037 Mun Tgt) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock 2037 Mun Tgt (NYSE:BMN) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

BlackRock 2037 Mun Tgt is a non-diversified, closed-end management investment company. The Trust's investment objective is to provide current income that is exempt from regular federal income tax.

Executives

Arthur Philip Steinmetz	director	50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman	officer: Chief Compliance Officer	50 HUDSON YARDS, NEW YORK NY 10001
Peter Hayes	other: Officer of the Advisor	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Jay M. Fife	officer: Treasurer	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Stayce D. Harris	director	1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Blackrock Advisors Llc	other: Investment Adviser	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Trent Walker	officer: Chief Financial Officer	C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Christian Romaglino	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Blackrock Financial Management Inc/de	other: See Remarks	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Frank Fabozzi	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Phillip Soccio	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert Glenn Hubbard	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
W Carl Kester	director	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
John Perlowski	director, officer: President and CEO	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Janey Ahn	officer: Secretary	55 EAST 52ND STREET, NEW YORK NY 10055

BlackRock 2037 Mun Tgt (BlackRock 2037 Mun Tgt) Headlines

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