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John Hancock Tax-advantaged Div FdHTD -0.24%32 Price-to-Tangible-Book is 0.92 as of Aug. 21, 2026, which is 4% below its 10-year median of 0.96. GuruFocus rates HTD with a GF Score™ of 32/100. The stock has 5 warning signs investors should review. Among 1,530 Asset Management companies, John Hancock Tax-advantaged Div Fd ranks better than 57.58% on this metric.
The historical rank and industry rank for John Hancock Tax-advantaged Div Fd's Price-to-Tangible-Book or its related term are showing as below:
HTD'
s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.87 Med: 0.96 Max: 1.02
Current: 0.92
During the past 9 years, John Hancock Tax-advantaged Div Fd's highest Price to Tangible Book Ratio was 1.02. The lowest was 0.87. And the median was 0.96.
HTD's Price-to-Tangible-Book is ranked better than 57.58% of 1530
companies
in the Asset Management industry
Industry Median: 0.95
vs HTD: 0.92
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.
John Hancock Tax-advantaged Div Fd Price-to-Tangible-Book Related Terms
John Hancock Tax-advantaged Div Fd Price-to-Tangible-Book Historical Data
* 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.
John Hancock Tax-advantaged Div Fd Price-to-Tangible-Book Chart
HTD vs RPC, BTZ, BUR: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, John Hancock Tax-advantaged Div Fd'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.
John Hancock Tax-advantaged Div Fd Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, John Hancock Tax-advantaged Div Fd's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where John Hancock Tax-advantaged Div Fd's Price-to-Tangible-Book falls into.
* 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.
John Hancock Tax-advantaged Div Fd (HTD) has a Price-to-Tangible-Book of 0.92 as of Aug. 21, 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 John Hancock Tax-advantaged Div Fd and its competitors. This is near median its historical median of 0.96. Over the past decade, John Hancock Tax-advantaged Div Fd's Price-to-Tangible-Book has ranged from 0.87 to 1.02. According to the industry distribution chart, John Hancock Tax-advantaged Div Fd ranks #649 out of 1530 companies in the Asset Management industry, placing it in the top 42.4%.
Is John Hancock Tax-advantaged Div Fd's Price-to-Tangible-Book too high?
John Hancock Tax-advantaged Div Fd's current Price-to-Tangible-Book of 0.92 is near median its 10-year median of 0.96. Over the past 10 years, this metric has ranged from a low of 0.87 to a high of 1.02. The Asset Management industry median Price-to-Tangible-Book is 0.95. John Hancock Tax-advantaged Div Fd's value of 0.92 is 3.2% below this industry median. Based on the distribution chart, John Hancock Tax-advantaged Div Fd ranks #649 out of 1530 companies in the Asset Management industry, which is above the industry midpoint. Overall, John Hancock Tax-advantaged Div Fd has a GF Score™ of 32/100, reflecting its overall financial health beyond just this single metric.
How does John Hancock Tax-advantaged Div Fd's Price-to-Tangible-Book compare to RPC and BTZ?
According to the Asset Management industry distribution chart, John Hancock Tax-advantaged Div Fd ranks #649 out of 1530 companies for Price-to-Tangible-Book. This puts John Hancock Tax-advantaged Div Fd in the upper half of its industry. The industry median Price-to-Tangible-Book is 0.95. John Hancock Tax-advantaged Div Fd's value of 0.92 is 3.2% below this benchmark. Historically, John Hancock Tax-advantaged Div Fd's own Price-to-Tangible-Book has ranged from 0.87 to 1.02 over the past decade. While the company's 10-year median is 0.96 vs. the industry median of 0.95, John Hancock Tax-advantaged Div Fd has consistently been below the industry average. 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 0.95, based on 1,530 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. John Hancock Tax-advantaged Div Fd's current Price-to-Tangible-Book of 0.92 is 3.2% below 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 John Hancock Tax-advantaged Div Fd and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.95 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. John Hancock Tax-advantaged Div Fd's current Price-to-Tangible-Book is 0.92, which is near median its own 10-year median of 0.96. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is John Hancock Tax-advantaged Div Fd stock overvalued right now?
John Hancock Tax-advantaged Div Fd (HTD) has a current Price-to-Tangible-Book of 0.92. The current Price-to-Tangible-Book is 0.92, which is near median its 10-year median of 0.96 and 3.2% below the Asset Management industry median of 0.95. John Hancock Tax-advantaged Div Fd's overall GF Score™ is 32/100 with 5 warning signs to review. 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 John Hancock Tax-advantaged Div Fd (HTD), the current Price-to-Tangible-Book is 0.92 as of Aug. 21, 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.
John Hancock Tax-advantaged Div Inc Fd is a closed-end, diversified management investment company. Its investment objective is to provide a high after-tax total return from dividend income and capital appreciation. The fund's portfolio composition consists of common stocks, preferred securities, corporate bonds, convertible bonds, and short-term investments. Its sector composition comprises utilities, financials, energy, communication services, materials, healthcare, real estate, consumer Staples, and short-term investments.
32GF Score
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