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RIT Capital Partners (LSE:RCP) Price-to-Tangible-Book : 0.73 (As of May. 30, 2024)


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What is RIT Capital Partners Price-to-Tangible-Book?

As of today (2024-05-30), RIT Capital Partners's share price is £17.98. RIT Capital Partners's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £24.49. Hence, RIT Capital Partners's Price to Tangible Book Ratio of today is 0.73.

The historical rank and industry rank for RIT Capital Partners's Price-to-Tangible-Book or its related term are showing as below:

LSE:RCP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.73   Med: 1.01   Max: 1.09
Current: 0.73

During the past 13 years, RIT Capital Partners's highest Price to Tangible Book Ratio was 1.09. The lowest was 0.73. And the median was 1.01.

LSE:RCP's Price-to-Tangible-Book is ranked better than
79.72% of 1622 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:RCP: 0.73

A closely related ratio is called PB Ratio. As of today, RIT Capital Partners's share price is £17.98. RIT Capital Partners's Book Value per Sharefor the quarter that ended in Dec. 2023 was £24.49. Hence, RIT Capital Partners's P/B Ratio of today is 0.73.


RIT Capital Partners Price-to-Tangible-Book Historical Data

The historical data trend for RIT Capital Partners'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.

RIT Capital Partners Price-to-Tangible-Book Chart

RIT Capital Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.04 0.90 0.98 0.88 0.77

RIT Capital Partners Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 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 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 0.98 0.95 0.88 0.78 0.77

Competitive Comparison of RIT Capital Partners's Price-to-Tangible-Book

For the Asset Management subindustry, RIT Capital Partners'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.


RIT Capital Partners's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where RIT Capital Partners's Price-to-Tangible-Book falls into.



RIT Capital Partners Price-to-Tangible-Book Calculation

RIT Capital Partners's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=17.98/24.487
=0.73

* 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.


RIT Capital Partners Price-to-Tangible-Book Related Terms

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


RIT Capital Partners (LSE:RCP) Business Description

Traded in Other Exchanges
Address
27 St James's Place, London, GBR, SW1A 1NR
RIT Capital Partners PLC is a United Kingdom-based investment trust. Its investment objective is to facilitate long-term capital growth by obtaining a capital value that exceeds the relevant indices over time. The company invests in a diversified, international portfolio across quoted and unquoted asset classes, provided every investment has something unique to offer. Its operating segment includes RIT; JRCM and SHL. Geographically, it has a presence in Asia; the US; Europe; Japan, and other countries.

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