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As of today (2024-06-03), Blackstone's share price is $120.50. Blackstone's Tangible Book per Share of Mar. 2024 for the quarter that ended in Mar. 2024 was $6.42. Hence, Blackstone's Price to Tangible Book Ratio of today is 18.78.
The historical rank and industry rank for Blackstone's Price-to-Tangible-Book or its related term are showing as below:
During the past 13 years, Blackstone's highest Price to Tangible Book Ratio was 21.00. The lowest was 3.75. And the median was 6.47.
A closely related ratio is called PB Ratio. As of today, Blackstone's share price is $120.50. Blackstone's Book Value per Sharefor the quarter that ended in Mar. 2024 was $9.16. Hence, Blackstone's P/B Ratio of today is 13.15.
The historical data trend for Blackstone'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.
Blackstone Annual Data | |||||||||||||||||||||
Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||||
Price-to-Tangible-Book | Get a 7-Day Free Trial |
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8.03 | 10.36 | 13.07 | 9.93 | 21.00 |
Blackstone Quarterly Data | ||||||||||||||||||||
Jun19 | Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | |
Price-to-Tangible-Book | Get a 7-Day Free Trial |
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13.18 | 13.79 | 16.13 | 21.00 | 20.47 |
For the Asset Management subindustry, Blackstone'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, Blackstone's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Blackstone's Price-to-Tangible-Book falls into.
Blackstone's price-to-tangible-book ratio for today is calculated as:
Price to Tangible Book | = | Share Price | / | Tangible Book per Share (Q: Mar. 2024 ) |
= | 120.50 | / | 6.418 | |
= | 18.78 |
* 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 Blackstone's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.
David Payne | officer: Chief Accounting Officer | C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154 |
Ruth Porat | director | C/O GOOGLE INC., 1600 AMPHITHEATRE PRKW, MOUNTAIN VIEW CA 94043 |
John G Finley | officer: Chief Legal Officer | C/O THE BLACKSTONE GROUP, 345 PARK AVENUE, NEW YORK NY 10154 |
Joseph Baratta | director | C/O THE BLACKSTONE GROUP, 345 PARK AVE., NEW YORK NY 10154 |
Reginald J Brown | director | C/O THE BLACKSTONE GROUP INC., 345 PARK AVENUE, NEW YORK NY 10154 |
William G Parrett | director | THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154 |
James Breyer | director | ACCEL PARTNERS, 428 UNIVERSITY AVE, PALO ALTO CA 94301 |
Hamilton E James | director, officer: President and COO | JEFFERSON RIVER CAPITAL, 499 PARK AVENUE, 27TH FLOOR, NEW YORK NY 10022 |
Jonathan Gray | director | C/O THE BLACKSTONE GROUP, 345 PARK AVE. 31ST FL., NEW YORK NY 10154 |
Joan Solotar | officer: SMD - Public Market Activities | THE BLACKSTONE GROUP L.P.,, 345 PARK AVENUE, NEW YORK NY 10154 |
Christopher Striano | officer: Principal Accounting Officer | C/O THE BLACKSTONE GROUP L.P., 345 PARK AVE., NEW YORK NY 10154 |
John A. Hood | director | C/O THE BLACKSTONE GROUP L.P., 345 PARK AVENUE, NEW YORK NY 10154 |
Kelly Ayotte | director | C/O NEWS CORPORATION, 1211 AVENUE OF THE AMERICAS, NEW YORK NY 10036 |
Bennett J Goodman | director | C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154 |
J Tomilson Hill | director, officer: Vice Chairman |
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