PIMCO Tacticalome Fund (TSX:PTI.UN) PB Ratio : 0.93 (As of May. 14, 2024)

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What is PIMCO Tacticalome 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 (2024-05-14), PIMCO Tacticalome Fund's share price is C$6.79. PIMCO Tacticalome Fund's Book Value per Share for the quarter that ended in Dec. 2023 was C$7.28. Hence, PIMCO Tacticalome Fund's PB Ratio of today is 0.93.

Warning Sign:

PIMCO Tactical Income Fund stock PB Ratio (=0.92) is close to 2-year high of 1.02

The historical rank and industry rank for PIMCO Tacticalome Fund's PB Ratio or its related term are showing as below:

TSX:PTI.UN' s PB Ratio Range Over the Past 10 Years
Min: 0.72 Med: 0.88 Max: 1.02
Current: 0.92

During the past 4 years, PIMCO Tacticalome Fund's highest PB Ratio was 1.02. The lowest was 0.72. And the median was 0.88.

TSX:PTI.UN's PB Ratio is ranked better than
57.95% of 1691 companies
in the Asset Management industry
Industry Median: 0.95 vs TSX:PTI.UN: 0.92

During the past 12 months, PIMCO Tacticalome Fund's average Book Value Per Share Growth Rate was -2.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -11.80% per year.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of PIMCO Tacticalome Fund was -11.80% per year. The lowest was -11.80% per year. And the median was -11.80% per year.

Back to Basics: PB Ratio

PIMCO Tacticalome Fund PB Ratio Historical Data

The historical data trend for PIMCO Tacticalome 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.

PIMCO Tacticalome Fund PB Ratio Chart

PIMCO Tacticalome Fund Annual Data

Trend

Dec20

Dec21

Dec22

Dec23

PB Ratio

0.94

0.86

PIMCO Tacticalome Fund Semi-Annual Data
	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
PB Ratio	Get a 7-Day Free Trial			-	0.96	0.94	0.92	0.86

Competitive Comparison of PIMCO Tacticalome Fund's PB Ratio

For the Asset Management subindustry, PIMCO Tacticalome 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.

PIMCO Tacticalome Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, PIMCO Tacticalome Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where PIMCO Tacticalome Fund's PB Ratio falls into.

PIMCO Tacticalome 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.

PIMCO Tacticalome Fund's PB Ratio for today is calculated as follows:

PB Ratio	=	Share Price	/	Book Value per Share (Q: Dec. 2023)
	=	6.79	/	7.276
	=	0.93

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.

PIMCO Tacticalome Fund (TSX:PTI.UN) 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.

PIMCO Tacticalome Fund PB Ratio Related Terms

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PIMCO Tacticalome Fund (TSX:PTI.UN) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » PIMCO Tactical Income Fund (TSX:PTI.UN) » Definitions » PB Ratio

Comparable Companies

Traded in Other Exchanges

N/A

Address

199 Bay Street, Commerce Court West, Suite 2050, Toronto, ON, CAN, M5L1G2

Website

https://www.pimco.ca

PIMCO Tactical Income Fund is a closed-end investment fund company. The Fund's investment objectives are to provide unitholders with current income as the primary objective and capital appreciation as a secondary objective, through various market cycles, by utilizing a dynamic asset allocation among multiple sectors in various credit markets, including corporate debt, mortgage-related, and other asset-backed securities, government and sovereign debt, taxable municipal bonds, other fixed-, variable- and floating-rate income-producing securities of U.S. and various issuers, including emerging market issuers, and real estate-related investments.

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