ProVen Growth &ome VCT (LSE:PGOO) Price-to-Tangible-Book : 0.94 (As of Jun. 19, 2024)

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What is ProVen Growth &ome VCT Price-to-Tangible-Book?

As of today (2024-06-19), ProVen Growth &ome VCT's share price is £0.5095. ProVen Growth &ome VCT's Tangible Book per Share of Feb. 2023 for the quarter that ended in Feb. 2023 was £0.54. Hence, ProVen Growth &ome VCT's Price to Tangible Book Ratio of today is 0.94.

The historical rank and industry rank for ProVen Growth &ome VCT's Price-to-Tangible-Book or its related term are showing as below:

LSE:PGOO' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.66 Med: 0.92 Max: 1
Current: 0.93

During the past 13 years, ProVen Growth &ome VCT's highest Price to Tangible Book Ratio was 1.00. The lowest was 0.66. And the median was 0.92.

LSE:PGOO's Price-to-Tangible-Book is ranked better than
53.95% of 1620 companies
in the Asset Management industry
Industry Median: 0.94 vs LSE:PGOO: 0.93

A closely related ratio is called PB Ratio. As of today, ProVen Growth &ome VCT's share price is £0.5095. ProVen Growth &ome VCT's Book Value per Sharefor the quarter that ended in Feb. 2023 was £0.54. Hence, ProVen Growth &ome VCT's P/B Ratio of today is 0.94.

ProVen Growth &ome VCT Price-to-Tangible-Book Historical Data

The historical data trend for ProVen Growth &ome VCT'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.

ProVen Growth &ome VCT Price-to-Tangible-Book Chart

ProVen Growth &ome VCT Annual Data

Trend

Feb15

Feb16

Feb17

Feb18

Feb19

Feb20

Feb21

Feb22

Feb23

Feb24

Price-to-Tangible-Book

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1.00

0.88

0.92

0.95

0.90

ProVen Growth &ome VCT Semi-Annual Data
	Feb14	Aug14	Feb15	Aug15	Feb16	Aug16	Feb17	Aug17	Feb18	Aug18	Feb19	Aug19	Feb20	Aug20	Feb21	Aug21	Feb22	Aug22	Feb23	Feb24
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.92	0.92	1.01	0.95	0.90

Competitive Comparison of ProVen Growth &ome VCT's Price-to-Tangible-Book

For the Asset Management subindustry, ProVen Growth &ome VCT'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.

ProVen Growth &ome VCT's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, ProVen Growth &ome VCT's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where ProVen Growth &ome VCT's Price-to-Tangible-Book falls into.

ProVen Growth &ome VCT Price-to-Tangible-Book Calculation

ProVen Growth &ome VCT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Feb. 2023 )
	=	0.5095	/	0.542
	=	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.

ProVen Growth &ome VCT Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of ProVen Growth &ome VCT's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

ProVen Growth &ome VCT (LSE:PGOO) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » ProVen Growth & Income VCT PLC (LSE:PGOO) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

39 Earlham Street, London, GBR, WC2H 9LT

Website

https://www.provenvcts.co.uk

ProVen Growth & Income VCT PLC operates as a venture capital trust (VCT). The company's investment objective is to achieve long-term returns greater than those available from investing in a portfolio of quoted companies, by investing in a portfolio of carefully selected qualifying investments in small and medium-sized unquoted companies with excellent growth prospects and a portfolio of non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt-related securities in growth companies and non-qualifying venture capital investments, within the conditions imposed on all VCTs and to minimise the risk of each investment and the portfolio as a whole. Its portfolio of investments includes some sectors such as Technology, Healthcare and Business Services.

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