Odyssean Investment Trust (LSE:OIT) PB Ratio : 1.10 (As of Jun. 05, 2024)

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What is Odyssean Investment Trust PB Ratio?

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. As of today (2024-06-05), Odyssean Investment Trust's share price is £1.72. Odyssean Investment Trust's Book Value per Share for the quarter that ended in Sep. 2023 was £1.56. Hence, Odyssean Investment Trust's PB Ratio of today is 1.10.

The historical rank and industry rank for Odyssean Investment Trust's PB Ratio or its related term are showing as below:

LSE:OIT' s PB Ratio Range Over the Past 10 Years
Min: 0.85 Med: 1.03 Max: 1.49
Current: 1.07

During the past 5 years, Odyssean Investment Trust's highest PB Ratio was 1.49. The lowest was 0.85. And the median was 1.03.

LSE:OIT's PB Ratio is ranked worse than
70% of 1680 companies
in the Asset Management industry
Industry Median: 0.94 vs LSE:OIT: 1.07

During the past 12 months, Odyssean Investment Trust's average Book Value Per Share Growth Rate was 4.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 20.90% per year.

During the past 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Odyssean Investment Trust was 20.90% per year. The lowest was 19.40% per year. And the median was 20.15% per year.

Back to Basics: PB Ratio

Odyssean Investment Trust PB Ratio Historical Data

The historical data trend for Odyssean Investment Trust's PB Ratio 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.

Odyssean Investment Trust PB Ratio Chart

Odyssean Investment Trust Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

PB Ratio

1.03

0.99

0.93

1.01

1.02

Odyssean Investment Trust Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
PB Ratio	Get a 7-Day Free Trial					1.03	1.01	1.00	1.02	1.00

Competitive Comparison of Odyssean Investment Trust's PB Ratio

For the Asset Management subindustry, Odyssean Investment Trust's PB Ratio, along with its competitors' market caps and PB Ratio 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.

Odyssean Investment Trust's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Odyssean Investment Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Odyssean Investment Trust's PB Ratio falls into.

Odyssean Investment Trust PB Ratio Calculation

The PB Ratio, or Price-to-Book ratio, or Price/Book, is a financial ratio used to compare a company's market price to its Book Value per Share. It is a ratio widely used to value stocks.

Odyssean Investment Trust's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Sep. 2023)
	=	1.72	/	1.562
	=	1.10

It can also be calculated from the numbers for the whole company:

PB Ratio

Market Cap

(Total Stockholders Equity

Preferred Stock)

A closely related ratio is called Price-to-Tangible-Book. The difference between Price-to-Tangible-Book and PB Ratio is that book value other than intangibles are used in the calculation.

Odyssean Investment Trust (LSE:OIT) PB Ratio Explanation

Unlike valuation ratios relative to the earning power such as PE Ratio, PE Ratio without NRI, PS Ratio, Price-to-Operating-Cash-Flow , or Price-to-Free-Cash-Flow, the PB Ratio measures the valuation of the stock relative to the underlying asset of the company.

The PB Ratio works the best for the businesses that earn most of their profit from their assets, e.g. banks and insurance companies.

Be Aware

Some businesses have very light assets, such as software companies or insurance agencies. The PB Ratio does not work well for these companies. Some companies even have negative equity, so the PB Ratio cannot be applied to them.

Odyssean Investment Trust PB Ratio Related Terms

Thank you for viewing the detailed overview of Odyssean Investment Trust's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Odyssean Investment Trust (LSE:OIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Odyssean Investment Trust PLC (LSE:OIT) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Southampton Buildings, London, GBR, WC2A 1AL

Website

https://www.oitplc.com

Odyssean Investment Trust PLC operates as an investment company. The investment objective of the company is to achieve attractive total returns per share principally through capital growth over a long-term period. It invests in smaller company equities quoted on markets operated by the London Stock Exchange. The company's geographical segments include the United Kingdom, the United States, Europe Other, and the Rest of the World.

Odyssean Investment Trust (LSE:OIT) Headlines

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