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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.
Voya Infrastructure, Industrials and Materials Fund Price-to-Tangible-Book Related Terms
Voya Infrastructure, Industrials and Materials Fund 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.
Voya Infrastructure, Industrials and Materials Fund Price-to-Tangible-Book Chart
Voya Infrastructure, Industrials and Materials Fund Annual Data
IDE vs BANX, VPV, ETX: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Voya Infrastructure, Industrials and Materials Fund'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.
Voya Infrastructure, Industrials and Materials Fund Price-to-Tangible-Book vs Asset Management Industry
* 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.
Voya Infrastructure, Industrials and Materials Fund (IDE) has a Price-to-Tangible-Book of 0.90 as of Sep. 06, 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 Voya Infrastructure, Industrials and Materials Fund and its competitors. According to the industry distribution chart, Voya Infrastructure, Industrials and Materials Fund ranks #574 out of 1522 companies in the Asset Management industry, placing it in the top 37.7%.
Is Voya Infrastructure, Industrials and Materials Fund's Price-to-Tangible-Book too high?
Voya Infrastructure, Industrials and Materials Fund's current Price-to-Tangible-Book is 0.90. The Asset Management industry median Price-to-Tangible-Book is 0.95. Voya Infrastructure, Industrials and Materials Fund's value of 0.90 is 5.3% below this industry median. Based on the distribution chart, Voya Infrastructure, Industrials and Materials Fund ranks #574 out of 1522 companies in the Asset Management industry, which is above the industry midpoint. Overall, Voya Infrastructure, Industrials and Materials Fund has a GF Score™ of 38/100, reflecting its overall financial health beyond just this single metric.
How does Voya Infrastructure, Industrials and Materials Fund's Price-to-Tangible-Book compare to BANX and VPV?
According to the Asset Management industry distribution chart, Voya Infrastructure, Industrials and Materials Fund ranks #574 out of 1522 companies for Price-to-Tangible-Book. This puts Voya Infrastructure, Industrials and Materials Fund in the upper half of its industry. The industry median Price-to-Tangible-Book is 0.95. Voya Infrastructure, Industrials and Materials Fund's value of 0.90 is 5.3% below this benchmark. 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 1,522 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. Voya Infrastructure, Industrials and Materials Fund's current Price-to-Tangible-Book of 0.90 is 5.3% 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 Voya Infrastructure, Industrials and Materials Fund 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. Voya Infrastructure, Industrials and Materials Fund's current Price-to-Tangible-Book is 0.90. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Voya Infrastructure, Industrials and Materials Fund stock overvalued right now?
Voya Infrastructure, Industrials and Materials Fund (IDE) has a current Price-to-Tangible-Book of 0.90. The current Price-to-Tangible-Book is 0.90 and 5.3% below the Asset Management industry median of 0.95. Voya Infrastructure, Industrials and Materials Fund's overall GF Score™ is 38/100 with 2 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 Voya Infrastructure, Industrials and Materials Fund (IDE), the current Price-to-Tangible-Book is 0.90 as of Sep. 06, 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.
Voya Infrastructure, Industrials and Materials Fund is a diversified closed-end management investment company. The primary objective of this investment fund is to achieve total return by combining current income, capital gains, and capital appreciation. To achieve this objective, the fund invests in companies that own and/or operate infrastructure facilities in the infrastructure sector, as well as in a broad range of companies in the industrials and materials sectors that the Sub-Adviser believes will benefit from infrastructure building, renovation, expansion, and utilization.
38GF Score
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