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TwentyFourome Fund (LSE:TFIF) Price-to-Tangible-Book : 1.01 (As of Jun. 25, 2024)


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What is TwentyFourome Fund Price-to-Tangible-Book?

As of today (2024-06-25), TwentyFourome Fund's share price is £1.04. TwentyFourome Fund's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £1.03. Hence, TwentyFourome Fund's Price to Tangible Book Ratio of today is 1.01.

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

LSE:TFIF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.93   Med: 1.02   Max: 1.07
Current: 1.01

During the past 10 years, TwentyFourome Fund's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.93. And the median was 1.02.

LSE:TFIF's Price-to-Tangible-Book is ranked worse than
62.35% of 1615 companies
in the Asset Management industry
Industry Median: 0.94 vs LSE:TFIF: 1.01

A closely related ratio is called PB Ratio. As of today, TwentyFourome Fund's share price is £1.04. TwentyFourome Fund's Book Value per Sharefor the quarter that ended in Sep. 2023 was £1.03. Hence, TwentyFourome Fund's P/B Ratio of today is 1.01.


TwentyFourome Fund Price-to-Tangible-Book Historical Data

The historical data trend for TwentyFourome 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.

TwentyFourome Fund Price-to-Tangible-Book Chart

TwentyFourome Fund Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.02 0.93 0.96 0.95 1.00

TwentyFourome Fund Semi-Annual Data
Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.99 0.95 1.03 1.00 0.95

Competitive Comparison of TwentyFourome Fund's Price-to-Tangible-Book

For the Asset Management subindustry, TwentyFourome 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.


TwentyFourome Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where TwentyFourome Fund's Price-to-Tangible-Book falls into.



TwentyFourome Fund Price-to-Tangible-Book Calculation

TwentyFourome Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Sep. 2023 )
=1.04/1.027
=1.01

* 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.


TwentyFourome Fund Price-to-Tangible-Book Related Terms

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


TwentyFourome Fund (LSE:TFIF) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, PO Box 255, Les Banques, St Peter Port, GGY, GY1 3QL
TwentyFour Income Fund Ltd is a closed-ended investment fund based in the United Kingdom. The company's investment objective is to generate risk-adjusted returns principally through income distributions. Hence, the company follows an investment policy to invest in a diversified portfolio of the United Kingdom and European Asset-Backed Securities. It offers a range of specialist fixed income funds and services to suit the different requirements of its investors.

TwentyFourome Fund (LSE:TFIF) Headlines

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