Northern Venture Trust (LSE:NVT) Price-to-Tangible-Book : 0.94 (As of May. 24, 2024)

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What is Northern Venture Trust Price-to-Tangible-Book?

As of today (2024-05-24), Northern Venture Trust's share price is £0.575. Northern Venture Trust's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £0.61. Hence, Northern Venture Trust's Price to Tangible Book Ratio of today is 0.94.

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

LSE:NVT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.8 Med: 0.92 Max: 0.98
Current: 0.94

During the past 13 years, Northern Venture Trust's highest Price to Tangible Book Ratio was 0.98. The lowest was 0.80. And the median was 0.92.

LSE:NVT's Price-to-Tangible-Book is ranked better than
53.69% of 1624 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:NVT: 0.94

A closely related ratio is called PB Ratio. As of today, Northern Venture Trust's share price is £0.575. Northern Venture Trust's Book Value per Sharefor the quarter that ended in Sep. 2023 was £0.61. Hence, Northern Venture Trust's P/B Ratio of today is 0.94.

Northern Venture Trust Price-to-Tangible-Book Historical Data

The historical data trend for Northern Venture 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.

Northern Venture Trust Price-to-Tangible-Book Chart

Northern Venture Trust Annual Data

Trend

Sep11

Sep12

Sep13

Sep14

Sep15

Sep16

Sep17

Sep18

Sep19

Sep20

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.88

0.98

0.93

0.94

0.80

Northern Venture Trust Semi-Annual Data
	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Mar18	Sep18	Mar19	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.80	0.83	0.95	0.96	0.92

Competitive Comparison of Northern Venture Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Northern Venture 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.

Northern Venture Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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

Northern Venture Trust Price-to-Tangible-Book Calculation

Northern Venture 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 )
	=	0.575	/	0.614
	=	0.94

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.

Northern Venture Trust Price-to-Tangible-Book Related Terms

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

Northern Venture Trust (LSE:NVT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Northern Venture Trust PLC (LSE:NVT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

17 High Street, Forward House, Henley-in-Arden, GBR, B95 5AA

Website

https://www.mercia.co.uk

Northern Venture Trust PLC is a venture capital trust. The company's principal activity includes making long-term equity and loan investments. Mainly it invests in unquoted companies in the United Kingdom manufacturing and service businesses. Its objective is to provide high long-term tax-free returns to investors through a combination of dividend yield and capital growth. The company's portfolio of investment includes various sectors such as Technology, media, telecommunications, Business services, Healthcare, Oil and gas, Leisure, Consumer, and Industrials.