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Coronation Fund Managers (Coronation Fund Managers) Price-to-Tangible-Book : 18.92 (As of May. 20, 2024)


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What is Coronation Fund Managers Price-to-Tangible-Book?

As of today (2024-05-20), Coronation Fund Managers's share price is $2.80. Coronation Fund Managers's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $0.15. Hence, Coronation Fund Managers's Price to Tangible Book Ratio of today is 18.92.

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

COFUF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 11   Med: 17.06   Max: 30.7
Current: 11.67

During the past 13 years, Coronation Fund Managers's highest Price to Tangible Book Ratio was 30.70. The lowest was 11.00. And the median was 17.06.

COFUF's Price-to-Tangible-Book is ranked worse than
97.91% of 1626 companies
in the Asset Management industry
Industry Median: 0.96 vs COFUF: 11.67

A closely related ratio is called PB Ratio. As of today, Coronation Fund Managers's share price is $2.80. Coronation Fund Managers's Book Value per Sharefor the quarter that ended in Sep. 2023 was $0.31. Hence, Coronation Fund Managers's P/B Ratio of today is 8.97.


Coronation Fund Managers Price-to-Tangible-Book Historical Data

The historical data trend for Coronation Fund Managers'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.

Coronation Fund Managers Price-to-Tangible-Book Chart

Coronation Fund Managers Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 15.38 15.05 12.12 18.18 -

Coronation Fund Managers Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 12.12 13.53 18.18 49.12 -

Competitive Comparison of Coronation Fund Managers's Price-to-Tangible-Book

For the Asset Management subindustry, Coronation Fund Managers'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.


Coronation Fund Managers's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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



Coronation Fund Managers Price-to-Tangible-Book Calculation

Coronation Fund Managers's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=2.80/0.148
=18.92

* 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.


Coronation Fund Managers Price-to-Tangible-Book Related Terms

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


Coronation Fund Managers (Coronation Fund Managers) Business Description

Traded in Other Exchanges
Address
Cnr Campground and Main Roads, 7th Floor, MontClare Place, Claremont, Cape Town, WC, ZAF, 7708
Coronation Fund Managers Ltd provides asset management services through segregated and pooled investment vehicles. Clients for the asset manager include pension and provident funds, unit trusts, banks, insurers, and other fund managers. Based out of South Africa, Coronation derives the majority of its revenue from a domestic client base. In addition to managing institutional assets, local retail investors are serviced through non-affiliated channels of independent financial advisors and linked investment service providers. Fund offerings range from income to growth, and also include international portfolios.

Coronation Fund Managers (Coronation Fund Managers) Headlines

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