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Blackrock Muniyield New Jersey Fund (Blackrock Muniyield New Jersey Fund) Price-to-Tangible-Book : 0.85 (As of May. 07, 2024)


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What is Blackrock Muniyield New Jersey Fund Price-to-Tangible-Book?

As of today (2024-05-07), Blackrock Muniyield New Jersey Fund's share price is $13.07. Blackrock Muniyield New Jersey Fund's Tangible Book per Share of Jan. 2022 for the quarter that ended in Jan. 2022 was $15.29. Hence, Blackrock Muniyield New Jersey Fund's Price to Tangible Book Ratio of today is 0.85.

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

MYJ's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Blackrock Muniyield New Jersey Fund's share price is $13.07. Blackrock Muniyield New Jersey Fund's Book Value per Sharefor the quarter that ended in Jan. 2022 was $15.29. Hence, Blackrock Muniyield New Jersey Fund's P/B Ratio of today is 0.85.


Blackrock Muniyield New Jersey Fund Price-to-Tangible-Book Historical Data

The historical data trend for Blackrock Muniyield New Jersey 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.

Blackrock Muniyield New Jersey Fund Price-to-Tangible-Book Chart

Blackrock Muniyield New Jersey Fund Annual Data
Trend Jul17 Jul18 Jul19 Jul20 Jul21
Price-to-Tangible-Book
- 0.87 0.94 0.90 0.95

Blackrock Muniyield New Jersey Fund Semi-Annual Data
Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.95 0.90 0.89 0.95 0.93

Competitive Comparison of Blackrock Muniyield New Jersey Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Blackrock Muniyield New Jersey 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.


Blackrock Muniyield New Jersey Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Blackrock Muniyield New Jersey Fund's Price-to-Tangible-Book falls into.



Blackrock Muniyield New Jersey Fund Price-to-Tangible-Book Calculation

Blackrock Muniyield New Jersey Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Jan. 2022 )
=13.07/15.289
=0.85

* 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.


Blackrock Muniyield New Jersey Fund Price-to-Tangible-Book Related Terms

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


Blackrock Muniyield New Jersey Fund (Blackrock Muniyield New Jersey Fund) Business Description

Traded in Other Exchanges
N/A
Address
100 Bellevue Parkway, Wilmington, DE, USA, 19809
Blackrock Muniyield New Jersey Fund Inc is a closed-end management investment company. The fund's objective is to provide a high level of current income exempt from Federal and New Jersey income taxes. The fund invests primarily in investment-grade New Jersey municipal obligations.
Executives
Jaeckel Theodore R Jr other: Portfolio Manager 800SCUDDERS MILL ROAD, PLAINSBORO NJ 08536
Lorenzo Flores director 2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman director P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris director 1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
John Perlowski director, officer: See Remarks 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Trent Walker officer: Chief Financial Officer C/O PIMCO, 650 NEWPORT CENTER DRIVE, NEWPORT BEACH CA 92660
Peter Hayes other: Officer of the Advisor 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Wells Fargo Bank N A 10 percent owner 101 NORTH PHILLIPS AVENUE, SIOUX FALLS SD 57104
Wells Fargo & Company/mn 10 percent owner 420 MONTGOMERY STREET, SAN FRANCISCO CA 94163
Michael J Castellano director C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Robert W Fairbairn director 55 EAST 52ND STREET, NEW YORK NY 10055
Phillip Soccio other: Portfolio Manager 100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Timothy T Browse other: Portfolio Manager 800 SCUDDERS MILLRD, PLAINSBORO NJ 08536
Cynthia Egan director 7117 BELLONA AVENUE, BALTIMORE MD 21212
Catherine A. Lynch director 55 EAST 52ND STREET, NEW YORK NY 10055