NB Distressed Debt Investment Fund (LSE:NBDD) Price-to-Tangible-Book : 0.68 (As of May. 24, 2024)

View and export this data going back to 2014. Start your Free Trial

What is NB Distressed Debt Investment Fund Price-to-Tangible-Book?

As of today (2024-05-24), NB Distressed Debt Investment Fund's share price is $0.62. NB Distressed Debt Investment Fund's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $0.92. Hence, NB Distressed Debt Investment Fund's Price to Tangible Book Ratio of today is 0.68.

The historical rank and industry rank for NB Distressed Debt Investment Fund's Price-to-Tangible-Book or its related term are showing as below:

LSE:NBDD' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.67 Med: 0.87 Max: 0.97
Current: 0.67

During the past 8 years, NB Distressed Debt Investment Fund's highest Price to Tangible Book Ratio was 0.97. The lowest was 0.67. And the median was 0.87.

LSE:NBDD's Price-to-Tangible-Book is ranked better than
84.48% of 1624 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:NBDD: 0.67

A closely related ratio is called PB Ratio. As of today, NB Distressed Debt Investment Fund's share price is $0.62. NB Distressed Debt Investment Fund's Book Value per Sharefor the quarter that ended in Dec. 2023 was $0.92. Hence, NB Distressed Debt Investment Fund's P/B Ratio of today is 0.68.

NB Distressed Debt Investment Fund Price-to-Tangible-Book Historical Data

The historical data trend for NB Distressed Debt Investment Fund'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.

NB Distressed Debt Investment Fund Price-to-Tangible-Book Chart

NB Distressed Debt Investment Fund Annual Data

Trend

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.85

0.91

0.85

0.83

0.75

NB Distressed Debt Investment Fund Semi-Annual Data
	Jun15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial												0.85	0.83	0.83	0.80	0.75

Competitive Comparison of NB Distressed Debt Investment Fund's Price-to-Tangible-Book

For the Asset Management subindustry, NB Distressed Debt Investment Fund'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.

NB Distressed Debt Investment Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where NB Distressed Debt Investment Fund's Price-to-Tangible-Book falls into.

NB Distressed Debt Investment Fund Price-to-Tangible-Book Calculation

NB Distressed Debt Investment Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	0.62	/	0.917
	=	0.68

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.

NB Distressed Debt Investment Fund Price-to-Tangible-Book Related Terms

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

NB Distressed Debt Investment Fund (LSE:NBDD) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » NB Distressed Debt Investment Fund Ltd (LSE:NBDD) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

NBDG:UK NBDX:UK

Address

Les Ruettes Brayes, 1st and 2nd Floors, Elizabeth House, Saint Peter Port, GGY, GY1 1EW

Website

https://www.nbddif.com

NB Distressed Debt Investment Fund Ltd is a closed-ended investment company. The company's objectives are to provide investors with attractive risk-adjusted returns through long-biased, opportunistic exposure to stressed, distressed and special situation credit-related investments while seeking to limit downside risk by, and focusing on senior and senior secured debt with both collateral and structural protection.

NB Distressed Debt Investment Fund (LSE:NBDD) Headlines

No Headlines