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OFS Credit Co (OFS Credit Co) Price-to-Tangible-Book : 0.94 (As of May. 04, 2024)


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What is OFS Credit Co Price-to-Tangible-Book?

As of today (2024-05-04), OFS Credit Co's share price is $7.12. OFS Credit Co's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $7.55. Hence, OFS Credit Co's Price to Tangible Book Ratio of today is 0.94.

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

OCCI' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.82   Med: 0.96   Max: 1.13
Current: 0.94

During the past 6 years, OFS Credit Co's highest Price to Tangible Book Ratio was 1.13. The lowest was 0.82. And the median was 0.96.

OCCI's Price-to-Tangible-Book is ranked better than
52.8% of 1625 companies
in the Asset Management industry
Industry Median: 0.95 vs OCCI: 0.94

A closely related ratio is called PB Ratio. As of today, OFS Credit Co's share price is $7.12. OFS Credit Co's Book Value per Sharefor the quarter that ended in Oct. 2023 was $7.55. Hence, OFS Credit Co's P/B Ratio of today is 0.94.


OFS Credit Co Price-to-Tangible-Book Historical Data

The historical data trend for OFS Credit Co'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.

OFS Credit Co Price-to-Tangible-Book Chart

OFS Credit Co Annual Data
Trend Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Price-to-Tangible-Book
Get a 7-Day Free Trial 1.13 0.85 0.97 0.96 0.82

OFS Credit Co Semi-Annual Data
Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only 0.97 0.92 0.96 1.05 0.82

Competitive Comparison of OFS Credit Co's Price-to-Tangible-Book

For the Asset Management subindustry, OFS Credit Co'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.


OFS Credit Co's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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



OFS Credit Co Price-to-Tangible-Book Calculation

OFS Credit Co's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Oct. 2023 )
=7.12/7.551
=0.94

* 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.


OFS Credit Co Price-to-Tangible-Book Related Terms

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


OFS Credit Co (OFS Credit Co) Business Description

Traded in Other Exchanges
Address
10 South Wacker Drive, Suite 2500, Chicago, IL, USA, 60606
OFS Credit Co Inc is a non-diversified, closed-end management investment company. Its investment objective is to generate current income, with a secondary objective to generate capital appreciation. The company invests in floating rate credit instruments and other structured credit investments, including; collateralized loan obligation (CLO) debt and subordinated (i.e., residual or equity) securities; traditional corporate credit investments, including leveraged loans and high yield bonds; opportunistic credit investments, including stressed and distressed credit situations and long/short credit investments; and other credit-related instruments.
Executives
Kyle Spina officer: Chief Accounting Officer 10 S. WACKER DR, SUITE 2500, CHICAGO IL 60606
Orchard First Source Asset Management Holdings, Llc other: Parent of Investment Adviser 10 SOUTH WACKER, SUITE 2500, CHICAGO IL 60606
Ross Teune officer: Chief Accounting Officer 150 SOUTH WACKER DRIVE, SUITE 800, CHICAGO IL 60606
Eagle Point Cif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Dif Gp I Llc 10 percent owner 600 STEAMBOAT ROAD, SUITE 202, GREENWICH CT 06830
Eagle Point Credit Management Llc 10 percent owner 600 STEAMBOAT RD, SUITE 202, GREENWICH CT 06830
Catherine Mary Fitta director 100 JAY STREET, #10D, BROOKLYN NY 11201
Oi3 2019 Trust 10 percent owner 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Oi3, Llc 10 percent owner 4700 WILSHIRE BOULEVARD, LOS ANGELES CA 90010
Robert J Cresci director
Richard S Ressler 10 percent owner C/O J2 GLOBAL COMMUNICATIONS, INC., 6922 HOLLYWOOD BLVD, 5TH FLOOR, LOS ANGELES CA 90028
Orchard First Source Asset Management, Llc other: Parent of Investment Adviser 10 SOUTH WACKER DRIVE, SUITE 2500, CHICAGO IL 60606
Bilal Rashid director, officer: President, Director and CEO 10 SOUTH WACKER DRIVE, SUITE 2500, CHICAGO IL 60606
Romita Shetty director 70 E 55TH STREET, FLOOR 21, NEW YORK NY 10022
Wolfgang Schubert director 10 S. WACKER DRIVE, SUITE 2500, CHICAGO IL 60606