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TriplePoint Venture Growth BDC (FRA:6JS) Price-to-Tangible-Book : 0.74 (As of Sep. 24, 2024)


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What is TriplePoint Venture Growth BDC Price-to-Tangible-Book?

As of today (2024-09-24), TriplePoint Venture Growth BDC's share price is €6.101. TriplePoint Venture Growth BDC's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was €8.21. Hence, TriplePoint Venture Growth BDC's Price to Tangible Book Ratio of today is 0.74.

The historical rank and industry rank for TriplePoint Venture Growth BDC's Price-to-Tangible-Book or its related term are showing as below:

FRA:6JS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.45   Med: 0.99   Max: 1.28
Current: 0.79

During the past 11 years, TriplePoint Venture Growth BDC's highest Price to Tangible Book Ratio was 1.28. The lowest was 0.45. And the median was 0.99.

FRA:6JS's Price-to-Tangible-Book is ranked better than
76.03% of 1627 companies
in the Asset Management industry
Industry Median: 0.95 vs FRA:6JS: 0.79

A closely related ratio is called PB Ratio. As of today, TriplePoint Venture Growth BDC's share price is €6.101. TriplePoint Venture Growth BDC's Book Value per Sharefor the quarter that ended in Jun. 2024 was €8.21. Hence, TriplePoint Venture Growth BDC's P/B Ratio of today is 0.74.


TriplePoint Venture Growth BDC Price-to-Tangible-Book Historical Data

The historical data trend for TriplePoint Venture Growth BDC'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.

TriplePoint Venture Growth BDC Price-to-Tangible-Book Chart

TriplePoint Venture Growth BDC Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only - 1.03 1.23 0.87 1.20

TriplePoint Venture Growth BDC Quarterly Data
Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.09 1.00 1.20 1.02 0.91

Competitive Comparison of TriplePoint Venture Growth BDC's Price-to-Tangible-Book

For the Asset Management subindustry, TriplePoint Venture Growth BDC'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.


TriplePoint Venture Growth BDC's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where TriplePoint Venture Growth BDC's Price-to-Tangible-Book falls into.



TriplePoint Venture Growth BDC Price-to-Tangible-Book Calculation

TriplePoint Venture Growth BDC's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2024 )
=6.101/8.208
=0.74

* 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.


TriplePoint Venture Growth BDC Price-to-Tangible-Book Related Terms

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


TriplePoint Venture Growth BDC Business Description

Traded in Other Exchanges
Address
2755 Sand Hill Road, Suite 150, Menlo Park, CA, USA, 94025
TriplePoint Venture Growth BDC Corp is a closed-end, non-diversified management investment company. Its investment objective is to maximize its total return to stockholders primarily in the form of current income and, to a lesser extent, capital appreciation. The fund focuses on companies operating in the fields of biofuels, business applications software, wireless communications equipment, e-commerce, clothing and accessories, conferencing equipment and services, personal goods, financial institutions and services, entertainment, mixed retailing, and healthcare services. Geographically, all the operations of the firm function through the region of the US.

TriplePoint Venture Growth BDC Headlines

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