Ninety One (JSE:NY1) Price-to-Tangible-Book : 4.58 (As of May. 15, 2024)

View and export this data going back to 2020. Start your Free Trial

What is Ninety One Price-to-Tangible-Book?

As of today (2024-05-15), Ninety One's share price is R39.79. Ninety One's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was R8.69. Hence, Ninety One's Price to Tangible Book Ratio of today is 4.58.

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

JSE:NY1' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 4.49 Med: 7.41 Max: 10.19
Current: 4.58

During the past 7 years, Ninety One's highest Price to Tangible Book Ratio was 10.19. The lowest was 4.49. And the median was 7.41.

JSE:NY1's Price-to-Tangible-Book is ranked worse than
92.12% of 1624 companies
in the Asset Management industry
Industry Median: 0.96 vs JSE:NY1: 4.58

A closely related ratio is called PB Ratio. As of today, Ninety One's share price is R39.79. Ninety One's Book Value per Sharefor the quarter that ended in Sep. 2023 was R8.69. Hence, Ninety One's P/B Ratio of today is 4.58.

Ninety One Price-to-Tangible-Book Historical Data

The historical data trend for Ninety One'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.

Ninety One Price-to-Tangible-Book Chart

Ninety One Annual Data

Trend

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

10.19

8.43

6.72

4.83

Ninety One Semi-Annual Data
	Mar17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial								8.09	6.72	4.78	4.83	4.49

Competitive Comparison of Ninety One's Price-to-Tangible-Book

For the Asset Management subindustry, Ninety One'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.

Ninety One's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Ninety One's Price-to-Tangible-Book falls into.

Ninety One Price-to-Tangible-Book Calculation

Ninety One's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	39.79	/	8.694
	=	4.58

It can also be calculated from the numbers for the whole company:

Price to Tangible Book	=	Market Cap	/	Tangible Equity
	=	Market Cap	/	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)

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.

Ninety One Price-to-Tangible-Book Related Terms

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

Ninety One (JSE:NY1) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Ninety One Ltd (JSE:NY1) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

L91:Germany

Address

36 Hans Strijdom Avenue, Foreshore, Cape Town, WC, ZAF, 8001

Website

https://www.ninetyone.com

Ninety One Ltd is an asset manager. The company provides a range of differentiated strategies managed by its specialist investment teams, providing access to a diverse range of asset classes and regions. It serves its client base via five regional teams namely Africa, the United Kingdom, Asia Pacific, the Americas and Europe and across two distribution channels Institutional and Advisor. Institutional clients include private and public sector pension funds, sovereign wealth funds, insurers, corporates, foundations and central banks, while Advisor clients include large retail groups, wealth managers, private banks and intermediaries serving individual investors. Geographically, it derives a majority of revenue from the United Kingdom and others.

Ninety One (JSE:NY1) Headlines

No Headlines