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MEGI (MainStay CBRE Global Infrastructure Megatrends Fund) Price-to-Tangible-Book : 0.84 (As of Apr. 12, 2025)


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What is MainStay CBRE Global Infrastructure Megatrends Fund Price-to-Tangible-Book?

As of today (2025-04-12), MainStay CBRE Global Infrastructure Megatrends Fund's share price is $12.69. MainStay CBRE Global Infrastructure Megatrends Fund's Tangible Book per Share of Nov. 2024 for the quarter that ended in Nov. 2024 was $15.19. Hence, MainStay CBRE Global Infrastructure Megatrends Fund's Price to Tangible Book Ratio of today is 0.84.

The historical rank and industry rank for MainStay CBRE Global Infrastructure Megatrends Fund's Price-to-Tangible-Book or its related term are showing as below:

MEGI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.83   Med: 0.86   Max: 0.91
Current: 0.84

During the past 3 years, MainStay CBRE Global Infrastructure Megatrends Fund's highest Price to Tangible Book Ratio was 0.91. The lowest was 0.83. And the median was 0.86.

MEGI's Price-to-Tangible-Book is ranked better than
60.97% of 1591 companies
in the Asset Management industry
Industry Median: 0.86 vs MEGI: 0.84

A closely related ratio is called PB Ratio. As of today, MainStay CBRE Global Infrastructure Megatrends Fund's share price is $12.69. MainStay CBRE Global Infrastructure Megatrends Fund's Book Value per Sharefor the quarter that ended in Nov. 2024 was $15.19. Hence, MainStay CBRE Global Infrastructure Megatrends Fund's P/B Ratio of today is 0.84.


MainStay CBRE Global Infrastructure Megatrends Fund Price-to-Tangible-Book Historical Data

The historical data trend for MainStay CBRE Global Infrastructure Megatrends 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.

MainStay CBRE Global Infrastructure Megatrends Fund Price-to-Tangible-Book Chart

MainStay CBRE Global Infrastructure Megatrends Fund Annual Data
Trend May22 May23 May24
Price-to-Tangible-Book
- 0.85 0.87

MainStay CBRE Global Infrastructure Megatrends Fund Semi-Annual Data
May22 Nov22 May23 Nov23 May24 Nov24
Price-to-Tangible-Book Get a 7-Day Free Trial 0.83 0.85 0.86 0.87 0.91

Competitive Comparison of MainStay CBRE Global Infrastructure Megatrends Fund's Price-to-Tangible-Book

For the Asset Management subindustry, MainStay CBRE Global Infrastructure Megatrends 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.


MainStay CBRE Global Infrastructure Megatrends Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where MainStay CBRE Global Infrastructure Megatrends Fund's Price-to-Tangible-Book falls into.


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MainStay CBRE Global Infrastructure Megatrends Fund Price-to-Tangible-Book Calculation

MainStay CBRE Global Infrastructure Megatrends Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2024 )
=12.69/15.188
=0.84

* 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.


MainStay CBRE Global Infrastructure Megatrends Fund Price-to-Tangible-Book Related Terms

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


MainStay CBRE Global Infrastructure Megatrends Fund Business Description

Traded in Other Exchanges
N/A
Address
51 Madison Avenue, New York, NY, USA, 10010
MainStay CBRE Global Infrastructure Megatrends Fund is a non-diversified, closed-end management investment company. The Fund's investment objective is to seek a high level of total return with an emphasis on current income. It invests predominantly in income-producing equity securities issued by infrastructure companies, including common stock, preferred stock, convertible securities, and rights or warrants to buy common stocks. The company intends to focus on three infrastructure megatrends: decarbonization, digital transformation, and asset modernization while making its investments.
Executives
Jeremy Anagnos other: Portfolio Manager 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Jacques P Perold director 51 MADISON AVENUE, NEW YORK NY 10010
Joseph P Smith other: Portfolio Manager 201 KING OF PRUSSIA RD SUITE 600, RADNOR PA 19087
Naim Abou-jaoude other: CEO, NY LIFE INVEST MGMENT LLC 200 ALDERSGATE STREET, C/O CANDRIAM, NORTH ENTRANCE, LONDON X0 EC1A4HD
Alain M Karaoglan other: Chairman & Interim CEO 230 PARK AVENUE, NEW YORK NY 10169
Richard S Trutanic director 51 MADISON AVENUE, NEW YORK NY 10010
Kevin M Gleason officer: Chief Compliance Officer 30 HUDSON STREET, JERSEY CITY NJ 07302
Daniel Ryan Foley other: Portfolio Manager 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Kirk C Lehneis officer: President 51 MADISON AVENUE, NEW YORK NY 10010
Hinds Howard other: Portfolio Manager 201 KING OF PRUSSIA ROAD, SUITE 600, RADNOR PA 19087
Cbre Investment Management Listed Real Assets Llc other: Subadviser 555 EAST LANCASTER AVENUE, SUITE 120, RADNOR PA 19087
Alan R Latshaw director 51 MADISON AVENUE, NEW YORK NY 10010
Yie-hsin Hung director 30 HUDSON STREET, JERSEY CITY NJ 07302
Scott T Harrington officer: Vice President-Administration 169 LACKAWANNA AVENUE, PARSIPPANY NJ 07054
Susan B Kerley director 51 MADISON AVENUE, NEW YORK NY 10010

MainStay CBRE Global Infrastructure Megatrends Fund Headlines

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