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IGA (Voya Global Advantage and Premium Opportunity Fund) Price-to-Tangible-Book : 0.91 (As of Dec. 14, 2024)


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What is Voya Global Advantage and Premium Opportunity Fund Price-to-Tangible-Book?

As of today (2024-12-14), Voya Global Advantage and Premium Opportunity Fund's share price is $9.37. Voya Global Advantage and Premium Opportunity Fund's Tangible Book per Share of Aug. 2024 for the quarter that ended in Aug. 2024 was $10.32. Hence, Voya Global Advantage and Premium Opportunity Fund's Price to Tangible Book Ratio of today is 0.91.

The historical rank and industry rank for Voya Global Advantage and Premium Opportunity Fund's Price-to-Tangible-Book or its related term are showing as below:

IGA' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86   Med: 0.9   Max: 0.96
Current: 0.91

During the past 7 years, Voya Global Advantage and Premium Opportunity Fund's highest Price to Tangible Book Ratio was 0.96. The lowest was 0.86. And the median was 0.90.

IGA's Price-to-Tangible-Book is ranked better than
60.3% of 1602 companies
in the Asset Management industry
Industry Median: 0.95 vs IGA: 0.91

A closely related ratio is called PB Ratio. As of today, Voya Global Advantage and Premium Opportunity Fund's share price is $9.37. Voya Global Advantage and Premium Opportunity Fund's Book Value per Sharefor the quarter that ended in Aug. 2024 was $10.32. Hence, Voya Global Advantage and Premium Opportunity Fund's P/B Ratio of today is 0.91.


Voya Global Advantage and Premium Opportunity Fund Price-to-Tangible-Book Historical Data

The historical data trend for Voya Global Advantage and Premium Opportunity Fund'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.

Voya Global Advantage and Premium Opportunity Fund Price-to-Tangible-Book Chart

Voya Global Advantage and Premium Opportunity Fund Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23 Feb24
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.89 0.90 0.90 0.88 0.86

Voya Global Advantage and Premium Opportunity Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24 Aug24
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 0.90 0.88 0.87 0.86 0.92

Competitive Comparison of Voya Global Advantage and Premium Opportunity Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Voya Global Advantage and Premium Opportunity 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 Global Advantage and Premium Opportunity Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Voya Global Advantage and Premium Opportunity Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Voya Global Advantage and Premium Opportunity Fund's Price-to-Tangible-Book falls into.



Voya Global Advantage and Premium Opportunity Fund Price-to-Tangible-Book Calculation

Voya Global Advantage and Premium Opportunity Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Aug. 2024 )
=9.37/10.317
=0.91

* 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.


Voya Global Advantage and Premium Opportunity Fund Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Voya Global Advantage and Premium Opportunity Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Voya Global Advantage and Premium Opportunity Fund Business Description

Traded in Other Exchanges
N/A
Address
7337 East Doubletree Ranch Road, Suite 100, Scottsdale, AZ, USA, 85258
Voya Global Advantage and Premium Opportunity Fund is a United States-based diversified, closed-end management investment company. The fund has two investment objectives. Its primary objective is to provide a high level of income, while the secondary objective is to seek capital appreciation. To achieve these objectives, the fund invests at least 80% of its managed assets in a portfolio of common stocks from various countries around the world, including the United States. Additionally, it uses an integrated derivatives strategy.
Executives
Margaret Diorio officer: SVP, PM 230 PARK AVENUE, NEW YORK NY 10169
Steven Wetter officer: SVP, PM 230 PARK AVENUE, 14 FL, NEW YORK NY 10169
Mark Weber officer: Senior Managing Director 230 PARK AVENUE, NEW YORK NY 10169
Dina Santoro officer: Managing Director VOYA INVESTMENT MANAGEMENT, 230 PARK AVENUE, NEW YORK NY 10169
Lydia Homer officer: Chief Financial Officer, Funds 7337 E DOUBLETREE RANCH ROAD, SCOTTSDALE AZ 85258
Christopher P Sullivan director 27 LEE TERRACE, SHORT HILLS NJ 07078
Michael Allyn Bell officer: MD & Chief Financial Officer 230 PARK AVENUE, NEW YORK NY 10169
Etten Frank Van officer: Managing Director 230 PARK AVENUE, NEW YORK NY 10169
Joseph E Obermeyer director 9909 NE 4TH AVENUE ROAD, MIAMI SHORES FL 33138
Russell H Jones director
Martin J Gavin director 282 WASHINGTON STREET, HARTFORD CT 06106
Deprince Albert E Jr director 3029 ST. JOHNS DRIVE, MURFREESBORO TN 37129
Robert W Crispin director 230 PARK AVENUE, 230 PARK AVENUE NY 10169
Pieter Jakob Schop other: Portfolio Manager SCHENKKADE 65, THE HAGUE P7 2595AS
Nelson Fredric A Iii director 230 PARK AVENUE, NEW YORK NY 10169

Voya Global Advantage and Premium Opportunity Fund Headlines