BlackRock Innovation & Growth Tr (BlackRock Innovation & Growth Tr) Price-to-Tangible-Book : 0.82 (As of May. 07, 2024)

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What is BlackRock Innovation & Growth Tr Price-to-Tangible-Book?

As of today (2024-05-07), BlackRock Innovation & Growth Tr's share price is $7.37. BlackRock Innovation & Growth Tr's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $9.03. Hence, BlackRock Innovation & Growth Tr's Price to Tangible Book Ratio of today is 0.82.

The historical rank and industry rank for BlackRock Innovation & Growth Tr's Price-to-Tangible-Book or its related term are showing as below:

BIGZ' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.77 Med: 0.81 Max: 0.87
Current: 0.82

During the past 3 years, BlackRock Innovation & Growth Tr's highest Price to Tangible Book Ratio was 0.87. The lowest was 0.77. And the median was 0.81.

BIGZ's Price-to-Tangible-Book is ranked better than
74.2% of 1624 companies
in the Asset Management industry
Industry Median: 0.95 vs BIGZ: 0.82

A closely related ratio is called PB Ratio. As of today, BlackRock Innovation & Growth Tr's share price is $7.37. BlackRock Innovation & Growth Tr's Book Value per Sharefor the quarter that ended in Dec. 2023 was $9.03. Hence, BlackRock Innovation & Growth Tr's P/B Ratio of today is 0.82.

BlackRock Innovation & Growth Tr Price-to-Tangible-Book Historical Data

The historical data trend for BlackRock Innovation & Growth Tr'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.

BlackRock Innovation & Growth Tr Price-to-Tangible-Book Chart

BlackRock Innovation & Growth Tr Annual Data

Trend

Dec21

Dec22

Dec23

Price-to-Tangible-Book

0.87

0.77

0.81

BlackRock Innovation & Growth Tr Semi-Annual Data
	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial			0.87	3.91	0.77	0.84	0.81

Competitive Comparison of BlackRock Innovation & Growth Tr's Price-to-Tangible-Book

For the Asset Management subindustry, BlackRock Innovation & Growth Tr'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.

BlackRock Innovation & Growth Tr's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, BlackRock Innovation & Growth Tr's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where BlackRock Innovation & Growth Tr's Price-to-Tangible-Book falls into.

BlackRock Innovation & Growth Tr Price-to-Tangible-Book Calculation

BlackRock Innovation & Growth Tr's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	7.37	/	9.03
	=	0.82

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.

BlackRock Innovation & Growth Tr Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of BlackRock Innovation & Growth Tr's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.

BlackRock Innovation & Growth Tr (BlackRock Innovation & Growth Tr) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » BlackRock Innovation & Growth Tr (NYSE:BIGZ) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Bellevue Parkway, Wilmington, DE, USA, 19809

Website

https://www.blackrock.com

BlackRock Innovation & Growth Tr is a non-diversified, closed-end management investment company. The Trust's investment objectives are to provide total return and income through a combination of current income, current gains, and long-term capital appreciation.

Executives

Saba Capital Management, L.p.	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Boaz Weinstein	10 percent owner	405 LEXINGTON AVENUE, 58TH FLOOR, NEW YORK NY 10174
Arthur Philip Steinmetz	director	50 HUDSON YARDS, NEW YORK NY 10001
Aaron David Wasserman	officer: Chief Compliance Officer	50 HUDSON YARDS, NEW YORK NY 10001
Philip Henry Ruvinsky	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
John Perlowski	director, officer: See Remarks	100 BELLEVUE PARKWAY, WILMINGTON DE 19809
Robert W Fairbairn	director	55 EAST 52ND STREET, NEW YORK NY 10055
Misha Lozovik	other: Portfolio Manager	55 EAST 52ND STREET, NEW YORK NY 10055
Jonathan Diorio	officer: Vice President	55 EAST 52ND STREET, NEW YORK NY 10055
Lorenzo Flores	director	2100 LOGIC DRIVE, SAN JOSE CA 95124
James Phillip Holloman	director	P.O. BOX 625737, 6800 CINTAS BOULEVARD, CINCINNATI OH 45262
Stayce D. Harris	director	1999 S. BASCOM AVE., SUITE 700, CAMPBELL CA 95008
Catherine A. Lynch	director	55 EAST 52ND STREET, NEW YORK NY 10055
Michael J Castellano	director	C/O LAZARD LLC, 30 ROCKEFELLER PLAZA, NEW YORK NY 10020
Kyle Mcclements	other: Portfolio Manager	100 BELLEVUE PARKWAY, WILMINGTON DE 19809