WEA has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
WEA has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
As of today (2024-12-12), Western Asset Premier Bond Fund's share price is $11.19. Western Asset Premier Bond Fund's Tangible Book per Share of Jun. 2024 for the quarter that ended in Jun. 2024 was $11.15. Hence, Western Asset Premier Bond Fund's Price to Tangible Book Ratio of today is 1.00.
The historical rank and industry rank for Western Asset Premier Bond Fund's Price-to-Tangible-Book or its related term are showing as below:
During the past 7 years, Western Asset Premier Bond Fund's highest Price to Tangible Book Ratio was 1.01. The lowest was 0.91. And the median was 0.95.
A closely related ratio is called PB Ratio. As of today, Western Asset Premier Bond Fund's share price is $11.19. Western Asset Premier Bond Fund's Book Value per Sharefor the quarter that ended in Jun. 2024 was $11.15. Hence, Western Asset Premier Bond Fund's P/B Ratio of today is 1.00.
The historical data trend for Western Asset Premier Bond 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.
Western Asset Premier Bond Fund Annual Data | ||||||||||||||||
Trend | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Price-to-Tangible-Book | Get a 7-Day Free Trial | 1.00 | 0.95 | 1.00 | 0.95 | 0.94 |
Western Asset Premier Bond Fund Semi-Annual Data | ||||||||||||||
Dec17 | Jun18 | Dec18 | Jun19 | Dec19 | Jun20 | Dec20 | Jun21 | Dec21 | Jun22 | Dec22 | Jun23 | Dec23 | Jun24 | |
Price-to-Tangible-Book | Get a 7-Day Free Trial | 0.93 | 0.95 | 0.91 | 0.94 | 0.94 |
For the Asset Management subindustry, Western Asset Premier Bond 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.
For the Asset Management industry and Financial Services sector, Western Asset Premier Bond Fund's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Western Asset Premier Bond Fund's Price-to-Tangible-Book falls into.
Western Asset Premier Bond Fund's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Jun. 2024 ) |
= | 11.19 | / | 11.148 | |
= | 1.00 |
* 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:
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.
Thank you for viewing the detailed overview of Western Asset Premier Bond Fund's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
Ronald L Olson | director | EDISON INTERNATIONAL, 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770 |
Siart William E B | director | 266 TOYOPA DRIVE, PACIFIC PALISADES CA 90272 |
Hoffmann Courtney A. | other: Secretary/GC Subadviser | WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101 |
Andrew J. Bowden | other: COO/Subadviser | WESTERN ASSET MANAGEMENT COMPANY, LLC, 385 EAST COLORADO BOULEVARD, PASADENA CA 91101 |
Oliveira Marc De | officer: Secretary / Chief LGL Officer | C/O LEGG MASON & CO. LLC, ONE FIRST STAMFORD PLACE, STAMFORD CT 06902 |
Jed A. Plafker | other: Director of Investment Adviser | ONE FRANKLIN PARKWAY, SAN MATEO CA 94403 |
Matthew Nicholls | other: Director of Investment Adviser | ONE FRANKLIN PARKWAY, SAN MATEO CA 94403 |
Jennifer M Johnson | other: Director of Investment Adviser | C/O FRANKLIN RESOURCES, INC., ONE FRANKLIN PARKWAY, SAN MATEO CA 94403-1906 |
Michael Larson | director | 2365 CARILLON POINT, KIRKLAND WA 98033 |
Susan B Kerley | director | 51 MADISON AVENUE, NEW YORK NY 10010 |
Jane F Dasher | director | KORSNAT PARTNERS, 283 GREENWICH AVE 3RD FL, GREENWICH CT 06830 |
Christopher Berarducci | officer: Treas/Principal Finan Officer | LEGG MASON, 620 EIGHTH AVENUE, NEW YORK NY 10018 |
Ted P Becker | officer: Chief Compliance Officer | 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022 |
Peter J. Taylor | director | 2244 WALNUT GROVE AVENUE, ROSEMEAD CA 91770 |
Thomas C Merchant | other: Director of Subadviser | LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202 |
From GuruFocus
By Business Wire Business Wire • 11-17-2021
By Business Wire Business Wire • 05-18-2023
By Business Wire Business Wire • 05-24-2021
By GuruFocus News • 10-07-2024
By Business Wire Business Wire • 04-15-2020
By Business Wire • 11-28-2023
By Business Wire Business Wire • 04-15-2020
By GuruFocus News • 11-09-2024
By Business Wire Business Wire • 11-25-2020
By Business Wire Business Wire • 11-29-2022
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.