Kingfish (NZSE:KFL) Price-to-Tangible-Book : 0.89 (As of May. 28, 2024)

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What is Kingfish Price-to-Tangible-Book?

As of today (2024-05-28), Kingfish's share price is NZ$1.25. Kingfish's Tangible Book per Share of Mar. 2023 for the quarter that ended in Mar. 2023 was NZ$1.40. Hence, Kingfish's Price to Tangible Book Ratio of today is 0.89.

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

NZSE:KFL' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86 Med: 0.94 Max: 1.11
Current: 0.89

During the past 13 years, Kingfish's highest Price to Tangible Book Ratio was 1.11. The lowest was 0.86. And the median was 0.94.

NZSE:KFL's Price-to-Tangible-Book is ranked better than
70.24% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs NZSE:KFL: 0.89

A closely related ratio is called PB Ratio. As of today, Kingfish's share price is NZ$1.25. Kingfish's Book Value per Sharefor the quarter that ended in Mar. 2023 was NZ$1.40. Hence, Kingfish's P/B Ratio of today is 0.89.

Kingfish Price-to-Tangible-Book Historical Data

The historical data trend for Kingfish'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.

Kingfish Price-to-Tangible-Book Chart

Kingfish Annual Data

Trend

Mar14

Mar15

Mar16

Mar17

Mar18

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.86

0.93

1.08

1.11

0.94

Kingfish Semi-Annual Data
	Mar05	Mar06	Mar09	Mar10	Mar11	Mar12	Mar13	Mar14	Mar15	Mar16	Mar17	Mar18	Mar19	Mar20	Mar21	Mar22	Mar23
Price-to-Tangible-Book	Get a 7-Day Free Trial												0.86	0.93	1.08	1.11	0.94

Competitive Comparison of Kingfish's Price-to-Tangible-Book

For the Asset Management subindustry, Kingfish'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.

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

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

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

Kingfish Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Mar. 2023 )
	=	1.25	/	1.398
	=	0.89

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.

Kingfish Price-to-Tangible-Book Related Terms

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

Kingfish (NZSE:KFL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Kingfish Ltd (NZSE:KFL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

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Address

67 - 73 Hurstmere Road, Level 1, Takapuna, Auckland, NTL, NZL, 0622

Website

https://www.kingfish.co.nz

Kingfish Ltd is a New Zealand-based listed investment company that invests in growing New Zealand companies. The investment objective of the company is to achieve a high real rate of return, comprising both income and capital growth, within risk parameters acceptable to the directors and to provide a diversified portfolio of New Zealand stocks through a single tax-efficient investment vehicle.

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