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Witan Investment Trust (LSE:WTAN) Price-to-Tangible-Book : 1.07 (As of May. 17, 2024)


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What is Witan Investment Trust Price-to-Tangible-Book?

As of today (2024-05-17), Witan Investment Trust's share price is £2.68. Witan Investment Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £2.50. Hence, Witan Investment Trust's Price to Tangible Book Ratio of today is 1.07.

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

LSE:WTAN' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.93   Med: 0.98   Max: 1.07
Current: 1.07

During the past 13 years, Witan Investment Trust's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.93. And the median was 0.98.

LSE:WTAN's Price-to-Tangible-Book is ranked worse than
68.23% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:WTAN: 1.07

A closely related ratio is called PB Ratio. As of today, Witan Investment Trust's share price is £2.68. Witan Investment Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was £2.50. Hence, Witan Investment Trust's P/B Ratio of today is 1.07.


Witan Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for Witan Investment 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.

Witan Investment Trust Price-to-Tangible-Book Chart

Witan Investment Trust 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 0.98 0.96 0.93 0.98 0.95

Witan Investment Trust 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 0.93 0.93 0.98 0.93 0.95

Competitive Comparison of Witan Investment Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Witan Investment 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.


Witan Investment Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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



Witan Investment Trust Price-to-Tangible-Book Calculation

Witan Investment Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=2.68/2.496
=1.07

* 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.


Witan Investment Trust Price-to-Tangible-Book Related Terms

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


Witan Investment Trust (LSE:WTAN) Business Description

Traded in Other Exchanges
Address
14 Queen Anne's Gate, London, GBR, SW1H 9AA
Witan Investment Trust PLC is a United Kingdom-based closed-end investment trust. The company's objective is to achieve long-term growth in income and capital through active multi-manager investment in global equities. Its operating segments include Investment Trust and Management services. The company derives the maximum revenue from the Investment Trust segment. Geographically, investment of the trust can be seen across the region of United Kingdom, North America, Continental Europe, Japan, Asia-Pacific, Latin America, and others of which majority of revenue is derived from United Kingdom region.

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