RedFish LongTerm Capital SpA (MIL:RFLTC) Price-to-Tangible-Book : 1.29 (As of Jun. 05, 2024)

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What is RedFish LongTerm Capital SpA Price-to-Tangible-Book?

As of today (2024-06-05), RedFish LongTerm Capital SpA's share price is €1.26. RedFish LongTerm Capital SpA's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was €0.98. Hence, RedFish LongTerm Capital SpA's Price to Tangible Book Ratio of today is 1.29.

The historical rank and industry rank for RedFish LongTerm Capital SpA's Price-to-Tangible-Book or its related term are showing as below:

MIL:RFLTC' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.29 Med: 1.33 Max: 1.37
Current: 1.29

During the past 3 years, RedFish LongTerm Capital SpA's highest Price to Tangible Book Ratio was 1.37. The lowest was 1.29. And the median was 1.33.

MIL:RFLTC's Price-to-Tangible-Book is ranked worse than
79.57% of 1615 companies
in the Asset Management industry
Industry Median: 0.95 vs MIL:RFLTC: 1.29

A closely related ratio is called PB Ratio. As of today, RedFish LongTerm Capital SpA's share price is €1.26. RedFish LongTerm Capital SpA's Book Value per Sharefor the quarter that ended in Dec. 2023 was €1.57. Hence, RedFish LongTerm Capital SpA's P/B Ratio of today is 0.80.

RedFish LongTerm Capital SpA Price-to-Tangible-Book Historical Data

The historical data trend for RedFish LongTerm Capital SpA'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.

RedFish LongTerm Capital SpA Price-to-Tangible-Book Chart

RedFish LongTerm Capital SpA Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.33

RedFish LongTerm Capital SpA Semi-Annual Data
	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	-	-	-	1.38	1.33

Competitive Comparison of RedFish LongTerm Capital SpA's Price-to-Tangible-Book

For the Asset Management subindustry, RedFish LongTerm Capital SpA'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.

RedFish LongTerm Capital SpA's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RedFish LongTerm Capital SpA's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where RedFish LongTerm Capital SpA's Price-to-Tangible-Book falls into.

RedFish LongTerm Capital SpA Price-to-Tangible-Book Calculation

RedFish LongTerm Capital SpA's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	1.26	/	0.979
	=	1.29

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.

RedFish LongTerm Capital SpA Price-to-Tangible-Book Related Terms

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

RedFish LongTerm Capital SpA (MIL:RFLTC) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » RedFish LongTerm Capital SpA (MIL:RFLTC) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Via del Carmine, 11, Milano, ITA, 20121

Website

https://longterm.redfish.capital

RedFish LongTerm Capital SpA is an industrial holding company specializing in the acquisition of shares in family-run Italian SMEs. The company acquires qualified minority or majority shareholdings with the intention of maintaining these investments over a long period of time, either through its investment or through club deal structures, with the involvement of other investors. The role of the company in the ecosystem of its subsidiaries is to support them in increasing some critical areas by providing them with support services to managers for the financial side, management control and debt optimization, but above all advisory services for the acquisition of Target Companies in order to pursue the development plan for external lines.

RedFish LongTerm Capital SpA (MIL:RFLTC) Headlines

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