Foresight VCT (LSE:FTV) Price-to-Tangible-Book : 0.92 (As of May. 16, 2024)

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

As of today (2024-05-16), Foresight VCT's share price is £0.79. Foresight VCT's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £0.86. Hence, Foresight VCT's Price to Tangible Book Ratio of today is 0.92.

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

LSE:FTV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.81 Med: 0.91 Max: 1.13
Current: 0.92

During the past 13 years, Foresight VCT's highest Price to Tangible Book Ratio was 1.13. The lowest was 0.81. And the median was 0.91.

LSE:FTV's Price-to-Tangible-Book is ranked better than
59.28% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs LSE:FTV: 0.92

A closely related ratio is called PB Ratio. As of today, Foresight VCT's share price is £0.79. Foresight VCT's Book Value per Sharefor the quarter that ended in Dec. 2023 was £0.86. Hence, Foresight VCT's P/B Ratio of today is 0.92.

Foresight VCT Price-to-Tangible-Book Historical Data

The historical data trend for Foresight 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 VCT Price-to-Tangible-Book Chart

Foresight VCT Annual Data

Trend

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

Get a 7-Day Free Trial

0.90

0.81

0.85

0.87

0.91

Foresight VCT Semi-Annual Data
	Jun14	Dec14	Jun15	Dec15	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial															0.85	0.90	0.87	0.91	0.91

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

For the Asset Management subindustry, Foresight 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 VCT's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

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

Foresight VCT Price-to-Tangible-Book Calculation

Foresight 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 )
	=	0.79	/	0.859
	=	0.92

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.

Foresight VCT Price-to-Tangible-Book Related Terms

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

Foresight VCT (LSE:FTV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Foresight VCT PLC (LSE:FTV) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

32 London Bridge Street, The Shard, London, GBR, SE1 9SG

Website

https://www.foresightgroup.eu

Foresight VCT PLC is a UK-based venture capital trust. The company's activity is to make investments in unquoted or alternative investment market listed companies in the UK. The investment objective of the company is to provide private investors with regular dividends and maintained capital value from a portfolio of investments in fast-growing unquoted companies in the United Kingdom. The company invests in a range of securities including, but not limited to, ordinary and preference shares, loan stock, convertible securities, fixed-interest securities, and cash.