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Foresight Enterprise VCT (LSE:FTF) Price-to-Tangible-Book : 0.92 (As of Jun. 03, 2024)


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What is Foresight Enterprise VCT Price-to-Tangible-Book?

As of today (2024-06-03), Foresight Enterprise VCT's share price is £0.605. Foresight Enterprise VCT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.66. Hence, Foresight Enterprise VCT's Price to Tangible Book Ratio of today is 0.92.

The historical rank and industry rank for Foresight Enterprise VCT's Price-to-Tangible-Book or its related term are showing as below:

LSE:FTF' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.56   Med: 0.88   Max: 1.07
Current: 0.92

During the past 13 years, Foresight Enterprise VCT's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.56. And the median was 0.88.

LSE:FTF's Price-to-Tangible-Book is ranked better than
56.1% of 1615 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:FTF: 0.92

A closely related ratio is called PB Ratio. As of today, Foresight Enterprise VCT's share price is £0.605. Foresight Enterprise VCT's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.66. Hence, Foresight Enterprise VCT's P/B Ratio of today is 0.92.


Foresight Enterprise VCT Price-to-Tangible-Book Historical Data

The historical data trend for Foresight Enterprise VCT'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.

Foresight Enterprise VCT Price-to-Tangible-Book Chart

Foresight Enterprise VCT Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.89 1.07 0.89 0.90 0.95

Foresight Enterprise VCT Semi-Annual Data
Sep13 Mar14 Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.89 0.94 0.90 0.92 0.95

Competitive Comparison of Foresight Enterprise VCT's Price-to-Tangible-Book

For the Asset Management subindustry, Foresight Enterprise VCT'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.


Foresight Enterprise VCT's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Foresight Enterprise VCT's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Foresight Enterprise VCT's Price-to-Tangible-Book falls into.



Foresight Enterprise VCT Price-to-Tangible-Book Calculation

Foresight Enterprise VCT's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=0.605/0.656
=0.92

* 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.


Foresight Enterprise VCT Price-to-Tangible-Book Related Terms

Thank you for viewing the detailed overview of Foresight Enterprise VCT's Price-to-Tangible-Book provided by GuruFocus.com. Please click on the following links to see related term pages.


Foresight Enterprise VCT (LSE:FTF) Business Description

Traded in Other Exchanges
N/A
Address
32 London Bridge Street, The Shard, London, GBR, SE1 9SG
Foresight Enterprise VCT PLC is an independent infrastructure and private equity investment manager. The company's investment objective is to provide private investors with attractive returns from a portfolio of investments in fast-growing unquoted companies in the United Kingdom. It serves financial institutions, government organizations, pension funds, and insurance companies.