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Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Price-to-Tangible-Book : 0.95 (As of May. 16, 2024)


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What is Flaherty & Crumrine Pref&Inc Allocation Price-to-Tangible-Book?

As of today (2024-05-16), Flaherty & Crumrine Pref&Inc Allocation's share price is $18.8074. Flaherty & Crumrine Pref&Inc Allocation's Tangible Book per Share of Nov. 2023 for the quarter that ended in Nov. 2023 was $19.70. Hence, Flaherty & Crumrine Pref&Inc Allocation's Price to Tangible Book Ratio of today is 0.95.

The historical rank and industry rank for Flaherty & Crumrine Pref&Inc Allocation's Price-to-Tangible-Book or its related term are showing as below:

DFP' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.9   Med: 1.01   Max: 1.06
Current: 0.95

During the past 7 years, Flaherty & Crumrine Pref&Inc Allocation's highest Price to Tangible Book Ratio was 1.06. The lowest was 0.90. And the median was 1.01.

DFP's Price-to-Tangible-Book is ranked better than
51.33% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs DFP: 0.95

A closely related ratio is called PB Ratio. As of today, Flaherty & Crumrine Pref&Inc Allocation's share price is $18.8074. Flaherty & Crumrine Pref&Inc Allocation's Book Value per Sharefor the quarter that ended in Nov. 2023 was $19.70. Hence, Flaherty & Crumrine Pref&Inc Allocation's P/B Ratio of today is 0.95.


Flaherty & Crumrine Pref&Inc Allocation Price-to-Tangible-Book Historical Data

The historical data trend for Flaherty & Crumrine Pref&Inc Allocation'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.

Flaherty & Crumrine Pref&Inc Allocation Price-to-Tangible-Book Chart

Flaherty & Crumrine Pref&Inc Allocation Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Price-to-Tangible-Book
Get a 7-Day Free Trial 1.01 1.06 1.03 0.94 0.90

Flaherty & Crumrine Pref&Inc Allocation Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
Price-to-Tangible-Book Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 1.03 1.02 0.94 0.91 0.90

Competitive Comparison of Flaherty & Crumrine Pref&Inc Allocation's Price-to-Tangible-Book

For the Asset Management subindustry, Flaherty & Crumrine Pref&Inc Allocation'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.


Flaherty & Crumrine Pref&Inc Allocation's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Pref&Inc Allocation's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Pref&Inc Allocation's Price-to-Tangible-Book falls into.



Flaherty & Crumrine Pref&Inc Allocation Price-to-Tangible-Book Calculation

Flaherty & Crumrine Pref&Inc Allocation's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Nov. 2023 )
=18.8074/19.698
=0.95

* 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.

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

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.


Flaherty & Crumrine Pref&Inc Allocation Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Flaherty & Crumrine Pref&Inc Allocation's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Pref&Inc Allocation is a diversified, closed-end management investment company. Its investment objective is to seek total return, with an emphasis on high current income.
Executives
Bradford S Stone officer: CFO and Treasurer, other: Affiliate of Inv. Adviser 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901
Robert E Chadwick officer: CFO, VP & Treasurer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Chad Conwell officer: CCO, VP and Secretary 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Morgan Gust director C/O COBIZ FINANCIAL INC., 821 SEVENTEENTH STREET, DENVER CO 80202
Donald F Crumrine director, officer: Chief Executive Officer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
David Gale director 220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Laurie C Lodolo officer: Asst-CompOfficer/Treas/Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Flaherty & Crumrine Inc other: Investment Adviser 301 E. COLORADO BLVD, SUITE 720, PASADENA CA 91101
Robert T. Flaherty other: Affiliated person Inv. Adviser 301 EAST COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101

Flaherty & Crumrine Pref&Inc Allocation (Flaherty & Crumrine Pref&Inc Allocation) Headlines