Columbia Seligman Premium Technology Growth Fund (Columbia Seligman Premium Technology Growth Fund) PB Ratio : 1.10 (As of May. 16, 2024)

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What is Columbia Seligman Premium Technology Growth Fund 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 (2024-05-16), Columbia Seligman Premium Technology Growth Fund's share price is $31.90. Columbia Seligman Premium Technology Growth Fund's Book Value per Share for the quarter that ended in Dec. 2023 was $29.05. Hence, Columbia Seligman Premium Technology Growth Fund's PB Ratio of today is 1.10.

Good Sign:

Columbia Seligman Premium Technology Growth Fund Inc stock PB Ratio (=1.08) is close to 1-year low of 1.01

The historical rank and industry rank for Columbia Seligman Premium Technology Growth Fund's PB Ratio or its related term are showing as below:

STK' s PB Ratio Range Over the Past 10 Years
Min: 0.64 Med: 1.1 Max: 1.4
Current: 1.1

During the past 8 years, Columbia Seligman Premium Technology Growth Fund's highest PB Ratio was 1.40. The lowest was 0.64. And the median was 1.10.

STK's PB Ratio is ranked worse than
70.52% of 1686 companies
in the Asset Management industry
Industry Median: 0.95 vs STK: 1.10

During the past 12 months, Columbia Seligman Premium Technology Growth Fund's average Book Value Per Share Growth Rate was 28.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 1.40% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.40% per year.

During the past 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Columbia Seligman Premium Technology Growth Fund was 27.80% per year. The lowest was -1.20% per year. And the median was 10.20% per year.

Back to Basics: PB Ratio

Columbia Seligman Premium Technology Growth Fund PB Ratio Historical Data

The historical data trend for Columbia Seligman Premium Technology Growth Fund'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.

Columbia Seligman Premium Technology Growth Fund PB Ratio Chart

Columbia Seligman Premium Technology Growth Fund Annual Data

Trend

Dec15

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

PB Ratio

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1.01

0.98

1.04

1.03

1.09

Columbia Seligman Premium Technology Growth Fund Semi-Annual Data
	Jun15	Dec15	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial										1.04	0.99	1.03	1.11	1.09

Competitive Comparison of Columbia Seligman Premium Technology Growth Fund's PB Ratio

For the Asset Management subindustry, Columbia Seligman Premium Technology Growth Fund'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.

Columbia Seligman Premium Technology Growth Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Columbia Seligman Premium Technology Growth Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Columbia Seligman Premium Technology Growth Fund's PB Ratio falls into.

Columbia Seligman Premium Technology Growth Fund 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.

Columbia Seligman Premium Technology Growth Fund's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	31.90	/	29.047
	=	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.

Columbia Seligman Premium Technology Growth Fund (NYSE:STK) 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.

Columbia Seligman Premium Technology Growth Fund PB Ratio Related Terms

Thank you for viewing the detailed overview of Columbia Seligman Premium Technology Growth Fund's PB Ratio provided by GuruFocus.com. Please click on the following links to see related term pages.

Columbia Seligman Premium Technology Growth Fund (Columbia Seligman Premium Technology Growth Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Columbia Seligman Premium Technology Growth Fund Inc (NYSE:STK) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

225 Franklin Street, Boston, MA, USA, 02110

Website

https://www.columbiathreadneedleus.com

Columbia Seligman Premium Technology Growth Fund Inc is a closed-end management investment company. Its investment objective is to seek growth of capital and current income. The fund invests in various sectors such as consumer discretionary, industrials, information technology and telecommunication services. Columbia Management Investment Advisers, LLC serves as the investment manager to the fund.

Executives

Janet Carrig	director	ONE SOUTH WACKER DRIVE SUITE 3200, CHICAGO IL 60606
Douglas A Hacker	director	P O BOX 66100-WHQLD, CHICAGO IL 60666
Daniel Beckman	officer: Senior Vice President	225 FRANKLIN STREET, BOSTON MA 02110
Gene R Tannuzzo	other: Man Dir/GL HD of FI Issuer IA	225 FRANKLIN ST., BOSTON MA 02110
Christopher O. Petersen	officer: Vice President and Secretary	5228 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Brian M. Engelking	other: Dir.,VP & CFO of Issuer's IA	225 FRANKLIN STREET, BOSTON MA 02110
Sandra Yeager	director	225 FRANKLIN ST., BOSTON MA 02110
Jonathan C Cleasby	other: Dir., VP & CFO of Issuer's IA	225 FRANKLIN ST., BOSTON MA 02110
Brian J Gallagher	director	225 FRANKLIN STREET, BOSTON MA 02110
Pamela G Carlton	director	901 S. MARQUETTE AVENUE, MINNEAPOLIS MN 55402
Anthony M Santomero	director	RENAISSANCE HOUSE, 8-20 EAST BROADWAY, PEMBROKE D0 HM 19
Joseph Beranek	officer: Treasurer of Issuer	225 FRANKLIN ST, BOSTON MA 02110
Scott E Couto	other: EVP/Head N.Am. for Issuer's IA	225 FRANKLIN ST, BOSTON MA 02110
Vimal Patel	other: Portfolio Manager of Issuer	50606 AMERIPRISE FINANCIAL CENTER, MINNEAPOLIS MN 55474
Shekhar Pramanick	other: Portfolio Manager of Issuer	225 FRANKLIN STREET, BOSTON MA 02110