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Dexion Trading (LSE:DTL) Price-to-Tangible-Book : 0.96 (As of Jun. 19, 2024)


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What is Dexion Trading Price-to-Tangible-Book?

As of today (2024-06-19), Dexion Trading's share price is £1.34. Dexion Trading's Tangible Book per Share of Dec. 2013 for the quarter that ended in Dec. 2013 was £1.40. Hence, Dexion Trading's Price to Tangible Book Ratio of today is 0.96.

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

LSE:DTL's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.94
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Dexion Trading's share price is £1.34. Dexion Trading's Book Value per Sharefor the quarter that ended in Dec. 2013 was £1.40. Hence, Dexion Trading's P/B Ratio of today is 0.96.


Dexion Trading Price-to-Tangible-Book Historical Data

The historical data trend for Dexion Trading'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.

Dexion Trading Price-to-Tangible-Book Chart

Dexion Trading Annual Data
Trend Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only 0.93 0.86 0.91 0.88 0.95

Dexion Trading Semi-Annual Data
Dec12 Jun13 Dec13
Price-to-Tangible-Book 0.88 0.96 0.95

Competitive Comparison of Dexion Trading's Price-to-Tangible-Book

For the Asset Management subindustry, Dexion Trading'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.


Dexion Trading's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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



Dexion Trading Price-to-Tangible-Book Calculation

Dexion Trading's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2013 )
=1.34/1.396
=0.96

* 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.


Dexion Trading Price-to-Tangible-Book Related Terms

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


Dexion Trading (LSE:DTL) Business Description

Traded in Other Exchanges
N/A
Address
Dexion Trading Ltd was incorporated with limited liability in Guernsey, Channel Islands on 28 October 2004. It is a closed-ended investment company. The Company's investment objective is to provide investment returns that have lower risk than traditional investment returns and, over time, to achieve above market returns.

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