Prestige Wealth (Prestige Wealth) Price-to-Tangible-Book : 1.51 (As of May. 12, 2024)

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What is Prestige Wealth Price-to-Tangible-Book?

As of today (2024-05-12), Prestige Wealth's share price is $1.02. Prestige Wealth's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was $0.68. Hence, Prestige Wealth's Price to Tangible Book Ratio of today is 1.51.

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

PWM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.5 Med: 4.91 Max: 4.91
Current: 1.5

During the past 4 years, Prestige Wealth's highest Price to Tangible Book Ratio was 4.91. The lowest was 1.50. And the median was 4.91.

PWM's Price-to-Tangible-Book is ranked worse than
81.8% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs PWM: 1.50

A closely related ratio is called PB Ratio. As of today, Prestige Wealth's share price is $1.02. Prestige Wealth's Book Value per Sharefor the quarter that ended in Sep. 2023 was $0.68. Hence, Prestige Wealth's P/B Ratio of today is 1.51.

Prestige Wealth Price-to-Tangible-Book Historical Data

The historical data trend for Prestige Wealth'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.

Prestige Wealth Price-to-Tangible-Book Chart

Prestige Wealth Annual Data

Trend

Sep20

Sep21

Sep22

Sep23

Price-to-Tangible-Book

4.91

Prestige Wealth Semi-Annual Data
	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial			-	-	-	-	4.91

Competitive Comparison of Prestige Wealth's Price-to-Tangible-Book

For the Asset Management subindustry, Prestige Wealth'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.

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

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

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

Prestige Wealth Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	1.02	/	0.676
	=	1.51

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.

Prestige Wealth Price-to-Tangible-Book Related Terms

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

Prestige Wealth (Prestige Wealth) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Prestige Wealth Inc (NAS:PWM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

2 Queen’s Road Central, Suite 5102, 51th Floor, Cheung Kong Center, Hong Kong, HKG

Website

https://www.prestigewm.hk

Prestige Wealth Inc is engaged in providing private wealth management services and asset management to high-net-worth and ultra-high-net-worth individuals and enterprises through its subsidiaries.

Prestige Wealth (Prestige Wealth) Headlines

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