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abrdn Asia Focus (LSE:AAS) Price-to-Tangible-Book : 0.95 (As of May. 21, 2024)


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What is abrdn Asia Focus Price-to-Tangible-Book?

As of today (2024-05-21), abrdn Asia Focus's share price is £2.87. abrdn Asia Focus's Tangible Book per Share of Jan. 2024 for the quarter that ended in Jan. 2024 was £3.02. Hence, abrdn Asia Focus's Price to Tangible Book Ratio of today is 0.95.

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

LSE:AAS' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.84   Med: 0.87   Max: 0.98
Current: 0.95

During the past 13 years, abrdn Asia Focus's highest Price to Tangible Book Ratio was 0.98. The lowest was 0.84. And the median was 0.87.

LSE:AAS's Price-to-Tangible-Book is ranked better than
53.44% of 1626 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:AAS: 0.95

A closely related ratio is called PB Ratio. As of today, abrdn Asia Focus's share price is £2.87. abrdn Asia Focus's Book Value per Sharefor the quarter that ended in Jan. 2024 was £3.02. Hence, abrdn Asia Focus's P/B Ratio of today is 0.95.


abrdn Asia Focus Price-to-Tangible-Book Historical Data

The historical data trend for abrdn Asia Focus'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.

abrdn Asia Focus Price-to-Tangible-Book Chart

abrdn Asia Focus Annual Data
Trend Jul14 Jul15 Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.88 0.89 0.86 0.86 0.85

abrdn Asia Focus Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 0.87 0.86 0.88 0.85 0.85

Competitive Comparison of abrdn Asia Focus's Price-to-Tangible-Book

For the Asset Management subindustry, abrdn Asia Focus'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.


abrdn Asia Focus's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where abrdn Asia Focus's Price-to-Tangible-Book falls into.



abrdn Asia Focus Price-to-Tangible-Book Calculation

abrdn Asia Focus's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2024 )
=2.87/3.021
=0.95

* 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.


abrdn Asia Focus Price-to-Tangible-Book Related Terms

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abrdn Asia Focus (LSE:AAS) Business Description

Traded in Other Exchanges
Address
280 Bishopsgate, London, GBR, EC2M 4AG
abrdn Asia Focus PLC, formerly Aberdeen Standard Asia Focus PLC is a United Kingdom-based investment trust. Its investment objective is to maximize total return to shareholders over the long term from a portfolio of smaller quoted companies in the economies of Asia and Australasia, excluding Japan. The company uses gearing selectively to leverage its portfolio in order to enhance returns. It aims to achieve a spread of investments, with no single investment representing more than 15% of assets at the time of investment. The company seeks to diversify its portfolio across a range of industries and economies within the investment region.

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