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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:
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.
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.
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.
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 |
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.
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.
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:
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.
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.
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Susan B Kerley | director | 51 MADISON AVENUE, NEW YORK NY 10010 |
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