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Invesco Asia Trust (LSE:IAT) Price-to-Tangible-Book : 0.93 (As of May. 05, 2024)


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What is Invesco Asia Trust Price-to-Tangible-Book?

As of today (2024-05-05), Invesco Asia Trust's share price is £3.21. Invesco Asia Trust's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was £3.45. Hence, Invesco Asia Trust's Price to Tangible Book Ratio of today is 0.93.

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

LSE:IAT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.85   Med: 0.88   Max: 0.93
Current: 0.93

During the past 13 years, Invesco Asia Trust's highest Price to Tangible Book Ratio was 0.93. The lowest was 0.85. And the median was 0.88.

LSE:IAT's Price-to-Tangible-Book is ranked better than
55.45% of 1625 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:IAT: 0.93

A closely related ratio is called PB Ratio. As of today, Invesco Asia Trust's share price is £3.21. Invesco Asia Trust's Book Value per Sharefor the quarter that ended in Oct. 2023 was £3.45. Hence, Invesco Asia Trust's P/B Ratio of today is 0.93.


Invesco Asia Trust Price-to-Tangible-Book Historical Data

The historical data trend for Invesco Asia 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.

Invesco Asia Trust Price-to-Tangible-Book Chart

Invesco Asia Trust Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.91 0.91 0.92 0.88 0.88

Invesco Asia Trust Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 0.92 0.88 0.85 0.88 0.86

Competitive Comparison of Invesco Asia Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Invesco Asia 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.


Invesco Asia Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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



Invesco Asia Trust Price-to-Tangible-Book Calculation

Invesco Asia Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=3.21/3.449
=0.93

* 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.


Invesco Asia Trust Price-to-Tangible-Book Related Terms

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


Invesco Asia Trust (LSE:IAT) Business Description

Traded in Other Exchanges
Address
Perpetual Park Drive, Perpetual Park, Henley-on-Thames, Oxfordshire, GBR, RG9 1HH
Invesco Asia Trust PLC is a United Kingdom-based investment company. The company looks to provide long-term capital growth by investing in a diversified portfolio of Asian and Australasian companies. Geographically, it has a presence in Australia, China and Hong Kong, India, Indonesia, Japan, Malaysia, Pakistan, Philippines, Singapore, South Korea, Taiwan, and Thailand. The company invests in Food, Beverage and Tobacco, Real Estate, Banks, Automobiles and Components, Capital Goods, Insurance, Technology Hardware and Equipment, Utilities, and other sectors.

Invesco Asia Trust (LSE:IAT) Headlines