Ecofin Global Utilities and Infrastructure Trust (LSE:EGL) Price-to-Tangible-Book : 0.96 (As of Apr. 30, 2024)

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What is Ecofin Global Utilities and Infrastructure Trust Price-to-Tangible-Book?

As of today (2024-04-30), Ecofin Global Utilities and Infrastructure Trust's share price is £1.76. Ecofin Global Utilities and Infrastructure Trust's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £1.84. Hence, Ecofin Global Utilities and Infrastructure Trust's Price to Tangible Book Ratio of today is 0.96.

The historical rank and industry rank for Ecofin Global Utilities and Infrastructure Trust's Price-to-Tangible-Book or its related term are showing as below:

LSE:EGL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86 Med: 0.9 Max: 1.05
Current: 0.96

During the past 7 years, Ecofin Global Utilities and Infrastructure Trust's highest Price to Tangible Book Ratio was 1.05. The lowest was 0.86. And the median was 0.90.

LSE:EGL's Price-to-Tangible-Book is ranked worse than
53.67% of 1623 companies
in the Asset Management industry
Industry Median: 0.94 vs LSE:EGL: 0.96

A closely related ratio is called PB Ratio. As of today, Ecofin Global Utilities and Infrastructure Trust's share price is £1.76. Ecofin Global Utilities and Infrastructure Trust's Book Value per Sharefor the quarter that ended in Sep. 2023 was £1.84. Hence, Ecofin Global Utilities and Infrastructure Trust's P/B Ratio of today is 0.96.

Ecofin Global Utilities and Infrastructure Trust Price-to-Tangible-Book Historical Data

The historical data trend for Ecofin Global Utilities and Infrastructure Trust'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.

Ecofin Global Utilities and Infrastructure Trust Price-to-Tangible-Book Chart

Ecofin Global Utilities and Infrastructure Trust Annual Data

Trend

Sep17

Sep18

Sep19

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

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0.89

0.97

1.01

1.05

0.89

Ecofin Global Utilities and Infrastructure Trust Semi-Annual Data
	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial									1.01	1.02	1.05	1.00	0.89

Competitive Comparison of Ecofin Global Utilities and Infrastructure Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Ecofin Global Utilities and Infrastructure Trust'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.

Ecofin Global Utilities and Infrastructure Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Ecofin Global Utilities and Infrastructure Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ecofin Global Utilities and Infrastructure Trust's Price-to-Tangible-Book falls into.

Ecofin Global Utilities and Infrastructure Trust Price-to-Tangible-Book Calculation

Ecofin Global Utilities and Infrastructure Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	1.76	/	1.835
	=	0.96

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.

Ecofin Global Utilities and Infrastructure Trust Price-to-Tangible-Book Related Terms

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Ecofin Global Utilities and Infrastructure Trust (LSE:EGL) Business Description

Industry

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Comparable Companies

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EGLl:UK

Address

Rodney Way, Hamilton Centre, Chelmsford, Essex, GBR, CM1 3BY

Website

https://www.ecofininvest.com

Ecofin Global Utilities and Infrastructure Trust PLC is an investment trust which is engaged in portfolio investment. The investment objective of the company is to achieve a high, secure dividend yield on its investment portfolio and to realize long-term growth in the capital value of the portfolio.