Healthcare Leadersome ETF (TSX:HHL) Price-to-Tangible-Book : 0.94 (As of Jun. 14, 2024)

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What is Healthcare Leadersome ETF Price-to-Tangible-Book?

As of today (2024-06-14), Healthcare Leadersome ETF's share price is C$8.32. Healthcare Leadersome ETF's Tangible Book per Share of Jun. 2016 for the quarter that ended in Jun. 2016 was C$8.81. Hence, Healthcare Leadersome ETF's Price to Tangible Book Ratio of today is 0.94.

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

TSX:HHL's Price-to-Tangible-Book is not ranked ^*
in the Asset Management industry.
Industry Median: 0.94
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Healthcare Leadersome ETF's share price is C$8.32. Healthcare Leadersome ETF's Book Value per Sharefor the quarter that ended in Jun. 2016 was C$8.81. Hence, Healthcare Leadersome ETF's P/B Ratio of today is 0.94.

Healthcare Leadersome ETF Price-to-Tangible-Book Historical Data

The historical data trend for Healthcare Leadersome ETF'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.

Healthcare Leadersome ETF Price-to-Tangible-Book Chart

Healthcare Leadersome ETF Annual Data

Trend

Dec14

Dec15

Price-to-Tangible-Book

1.11

0.96

Healthcare Leadersome ETF Semi-Annual Data
	Dec14	Jun15	Dec15	Jun16
Price-to-Tangible-Book	1.11	1.00	0.96	1.02

Competitive Comparison of Healthcare Leadersome ETF's Price-to-Tangible-Book

For the Asset Management subindustry, Healthcare Leadersome ETF'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.

Healthcare Leadersome ETF's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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

Healthcare Leadersome ETF Price-to-Tangible-Book Calculation

Healthcare Leadersome ETF's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Jun. 2016 )
	=	8.32	/	8.813
	=	0.94

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.

Healthcare Leadersome ETF Price-to-Tangible-Book Related Terms

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

Healthcare Leadersome ETF (TSX:HHL) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Healthcare Leaders Income ETF (TSX:HHL) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Website

http://www.harvestportfolios.com

Healthcare Leaders Income ETF is a closed-end fund. Its investment objectives are to provide unit holders with the opportunity for capital appreciation; monthly cash distributions; and lower overall volatility of portfolio returns.

Healthcare Leadersome ETF (TSX:HHL) Headlines

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