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GRIT Investment Trust (LSE:GRIT) Price-to-Tangible-Book : (As of Sep. 24, 2024)


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What is GRIT Investment Trust Price-to-Tangible-Book?

As of today (2024-09-24), GRIT Investment Trust's share price is £0.0125. GRIT Investment Trust's Tangible Book per Share of Jun. 2023 for the quarter that ended in Jun. 2023 was £-0.02. Hence, GRIT Investment Trust's Price to Tangible Book Ratio of today is .

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

During the past 10 years, GRIT Investment Trust's highest Price to Tangible Book Ratio was 1.74. The lowest was 0.21. And the median was 0.49.

LSE:GRIT's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, GRIT Investment Trust's share price is £0.0125. GRIT Investment Trust's Book Value per Sharefor the quarter that ended in Jun. 2023 was £-0.02. Hence, GRIT Investment Trust's P/B Ratio of today is .


GRIT Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for GRIT Investment 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.

GRIT Investment Trust Price-to-Tangible-Book Chart

GRIT Investment Trust Annual Data
Trend Aug13 Aug14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 - - - -

GRIT Investment Trust Semi-Annual Data
Aug14 Feb15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23
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 - - - - -

Competitive Comparison of GRIT Investment Trust's Price-to-Tangible-Book

For the Asset Management subindustry, GRIT Investment 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.


GRIT Investment Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where GRIT Investment Trust's Price-to-Tangible-Book falls into.



GRIT Investment Trust Price-to-Tangible-Book Calculation

GRIT Investment Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jun. 2023 )
=0.0125/-0.024
=

* 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.


GRIT Investment Trust Price-to-Tangible-Book Related Terms

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


GRIT Investment Trust Business Description

Traded in Other Exchanges
N/A
Address
80 Cheapside, 3rd Floor, London, GBR, EC2V 6EE
GRIT Investment Trust PLC is an investment fund specializing in the natural resources industry. Its objective is to generate medium and long-term capital growth through the portfolio of mainly small and mid-capitalization natural resources and mining companies, which are listed on a relevant exchange.

GRIT Investment Trust Headlines

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