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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.
Tri-ContinentalTY +1.36%60 Price-to-Tangible-Book is 0.92 as of Sep. 21, 2026. GuruFocus rates TY with a GF Score™ of 60/100 and a GF Value™ of $43.24 (Modestly Undervalued). The stock has 6 warning signs investors should review. Among 1,522 Asset Management companies, Tri-Continental ranks better than 53.29% on this metric.
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.
Tri-Continental Price-to-Tangible-Book Related Terms
Tri-Continental Price-to-Tangible-Book Historical Data
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The historical data trend for Tri-Continental'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.
TY vs NUV, ETG, USA: Price-to-Tangible-Book Comparison
For the Asset Management subindustry, Tri-Continental'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.
Tri-Continental Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Tri-Continental's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Tri-Continental's Price-to-Tangible-Book falls into.
* 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.
Tri-Continental (TY) has a Price-to-Tangible-Book of 0.92 as of Sep. 21, 2026. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Tri-Continental and its competitors. According to the industry distribution chart, Tri-Continental ranks #711 out of 1522 companies in the Asset Management industry, placing it in the top 46.7%.
Is Tri-Continental's Price-to-Tangible-Book too high?
Tri-Continental's current Price-to-Tangible-Book is 0.92. The Asset Management industry median Price-to-Tangible-Book is 0.92. Tri-Continental's value of 0.92 is 0% at this industry median. Based on the distribution chart, Tri-Continental ranks #711 out of 1522 companies in the Asset Management industry, which is above the industry midpoint. Overall, Tri-Continental has a GF Score™ of 60/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Tri-Continental's Price-to-Tangible-Book compare to NUV and ETG?
According to the Asset Management industry distribution chart, Tri-Continental ranks #711 out of 1522 companies for Price-to-Tangible-Book. This puts Tri-Continental in the upper half of its industry. The industry median Price-to-Tangible-Book is 0.92. Tri-Continental's value of 0.92 is 0% at this benchmark. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Price-to-Tangible-Book for an Asset Management company?
The median Price-to-Tangible-Book among Asset Management companies is 0.92, based on 1,522 companies in the industry. Companies in the top quartile (top 25%) have a Price-to-Tangible-Book significantly above this median, while those in the bottom quartile fall well below. However, Price-to-Tangible-Book should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Tri-Continental's current Price-to-Tangible-Book of 0.92 is 0% at the industry median. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Price-to-Tangible-Book mean?
A high Price-to-Tangible-Book can signal that a stock is expensive relative to its fundamentals. Price-to-tangible-book ratio is the ratio of share price to a company's tangible book value per share. View historical data on Tri-Continental and its competitors. For the Asset Management industry, the median Price-to-Tangible-Book is 0.92 — values significantly above this may indicate overvaluation, while values below may suggest a bargain or underlying issues. Tri-Continental's current Price-to-Tangible-Book is 0.92. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Tri-Continental stock overvalued right now?
Based on GuruFocus' analysis, Tri-Continental (TY) is currently considered Modestly Undervalued. The stock's GF Value™ is $43.24, compared to a current price of $35.05 — trading 18.9% below its estimated fair value. The current Price-to-Tangible-Book is 0.92 and 0% at the Asset Management industry median of 0.92. Tri-Continental's overall GF Score™ is 60/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Price-to-Tangible-Book calculated?
Price-to-Tangible-Book is calculated from a company's financial statements. For Tri-Continental (TY), the current Price-to-Tangible-Book is 0.92 as of Sep. 21, 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.
Is Tri-Continental (TY) Overvalued in 2026?
Based on GuruFocus' analysis, Tri-Continental stock appears to be undervalued.
The current stock price of $35.05 is trading 18.9% below its estimated GF Value™ of $43.24.
GuruFocus considers Tri-Continental to be Modestly Undervalued.
Key valuation signals for TY:
Price-to-Tangible-Book: 0.92
GF Value™: $43.24 vs. price of $35.05 (18.9% below fair value)
Industry Position: 0% at the Asset Management median (#711 of 1522)
No single metric tells the full story. See the TY stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Tri-Continental Corp is a closed-end management investment company. It invests to produce future growth of both capital and income while providing reasonable current income. The fund is divided into two equal segments namely, the equity segment uses quantitative models to select individual stocks whereas the Flexible capital income segment invests across a company's investable capital structure, including stocks, bonds, and convertible securities. The Fund invests in a range of sectors, which include consumer discretionary, consumer staples, energy, financials, healthcare, industrials, information technology, industrials, materials, real estate, telecommunication services, utilities, aerospace and defense, banking, chemicals, and others.
60GF Score
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