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Highome Securities Fund (Highome Securities Fund) Price-to-Tangible-Book : 0.85 (As of Apr. 30, 2024)


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What is Highome Securities Fund Price-to-Tangible-Book?

As of today (2024-04-30), Highome Securities Fund's share price is $6.33. Highome Securities Fund's Tangible Book per Share of Aug. 2023 for the quarter that ended in Aug. 2023 was $7.43. Hence, Highome Securities Fund's Price to Tangible Book Ratio of today is 0.85.

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

PCF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.85   Med: 0.92   Max: 1.07
Current: 0.85

During the past 7 years, Highome Securities Fund's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.85. And the median was 0.92.

PCF's Price-to-Tangible-Book is ranked better than
68.88% of 1623 companies
in the Asset Management industry
Industry Median: 0.94 vs PCF: 0.85

A closely related ratio is called PB Ratio. As of today, Highome Securities Fund's share price is $6.33. Highome Securities Fund's Book Value per Sharefor the quarter that ended in Aug. 2023 was $7.43. Hence, Highome Securities Fund's P/B Ratio of today is 0.85.


Highome Securities Fund Price-to-Tangible-Book Historical Data

The historical data trend for Highome Securities 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.

Highome Securities Fund Price-to-Tangible-Book Chart

Highome Securities Fund Annual Data
Trend Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Price-to-Tangible-Book
Get a 7-Day Free Trial 0.87 0.94 1.07 0.91 0.91

Highome Securities Fund Semi-Annual Data
Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.07 0.95 0.91 0.90 0.91

Competitive Comparison of Highome Securities Fund's Price-to-Tangible-Book

For the Asset Management subindustry, Highome Securities 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.


Highome Securities Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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



Highome Securities Fund Price-to-Tangible-Book Calculation

Highome Securities Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Aug. 2023 )
=6.33/7.433
=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.


Highome Securities Fund Price-to-Tangible-Book Related Terms

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


Highome Securities Fund (Highome Securities Fund) Business Description

Traded in Other Exchanges
N/A
Address
615 East Michigan Street, Milwaukee, WI, USA, 53202
High Income Securities Fund is a closed-end management investment company. Its primary objective is to provide high current income and capital appreciation is the secondary objective. The Fund pursues its objective primarily by investing in both convertible bonds and convertible preferred stocks. The Fund also invests significantly in high-yielding non-convertible securities with the potential for capital appreciation.
Executives
Moritz A Sell director C/O USBANCORP FUND SERVICES, 777 E WISCONSIN AVE., MILWAUKEE WI 53202
Phillip Goldstein director 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
Gerald Hellerman director 5431 NW 21ST AVE., BOCA RATON FL 33496
Andrew Dakos director, officer: President 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Ben H Harris director C/O US BANCORP FUND SERVICES, 777 EAST WISCONSIN AVE., MILWAUKEE WI 53202
Stephanie Darling officer: Chief Compliance Officer 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Thomas Antonucci officer: Treasurer 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Richard Dayan director C/O IMPERIAL HOLDINGS, INC., 701 PARK OF COMMERCE BLVD., SUITE 301, BOCA RATON FL 33487
Rajeev P Das director 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Investors, Llp Bulldog 10 percent owner PARK 80 WEST - PLAZA TWO, 250 PEHLE AVE. SUITE 708, SADDLE BROOK NJ 07663
Edward Whalen officer: Chief Human Resources Officer, other: Putnam Investments PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Michael Wands officer: Head of Global Inv Strategies, other: Putnam Investments PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Anthony Daigle officer: Portfolio Manager, other: Putnam Investments PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Andra S Bolotin officer: Chief Financial Officer, other: Putnam Investments PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Manoj P Singh director PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109