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Top 10 Split Trust (TSX:TXT.PR.A.PFD) Price-to-Tangible-Book : (As of Apr. 29, 2024)


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What is Top 10 Split Trust Price-to-Tangible-Book?

As of today (2024-04-29), Top 10 Split Trust's share price is C$11.50. Top 10 Split Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$0.00. Hence, Top 10 Split Trust's Price to Tangible Book Ratio of today is .

The historical rank and industry rank for Top 10 Split Trust's Price-to-Tangible-Book or its related term are showing as below:

During the past 9 years, Top 10 Split Trust's highest Price to Tangible Book Ratio was 1.81. The lowest was 0.82. And the median was 1.07.

TSX:TXT.PR.A.PFD'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, Top 10 Split Trust's share price is C$11.50. Top 10 Split Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$0.00. Hence, Top 10 Split Trust's P/B Ratio of today is .


Top 10 Split Trust Price-to-Tangible-Book Historical Data

The historical data trend for Top 10 Split Trust'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.

Top 10 Split Trust Price-to-Tangible-Book Chart

Top 10 Split Trust Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
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Top 10 Split Trust Semi-Annual Data
Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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Competitive Comparison of Top 10 Split Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Top 10 Split Trust'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.


Top 10 Split Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Top 10 Split Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Top 10 Split Trust's Price-to-Tangible-Book falls into.



Top 10 Split Trust Price-to-Tangible-Book Calculation

Top 10 Split Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=11.50/
=

* 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.


Top 10 Split Trust Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Top 10 Split Trust's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Top 10 Split Trust (TSX:TXT.PR.A.PFD) Business Description

Traded in Other Exchanges
Address
121 King Street West, Suite 2600, P.O. Box 113, Toronto, ON, CAN, M5H 3T9
Top 10 Split Trust is a Canada-based closed-end investment trust. The fund invests in a portfolio of securities consisting of common equity securities of Canadian banks and Canadian life insurance companies. Its investment objective is to provide unitholders with the benefit of capital appreciation in the market price of the securities in the fund's portfolio.

Top 10 Split Trust (TSX:TXT.PR.A.PFD) Headlines

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