Odyssean Investment Trust (LSE:OIT) Price-to-Tangible-Book : 1.10 (As of Jun. 05, 2024)

View and export this data going back to 2018. Start your Free Trial

What is Odyssean Investment Trust Price-to-Tangible-Book?

As of today (2024-06-05), Odyssean Investment Trust's share price is £1.72. Odyssean Investment Trust's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £1.56. Hence, Odyssean Investment Trust's Price to Tangible Book Ratio of today is 1.10.

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

LSE:OIT' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.93 Med: 1 Max: 1.1
Current: 1.1

During the past 5 years, Odyssean Investment Trust's highest Price to Tangible Book Ratio was 1.10. The lowest was 0.93. And the median was 1.00.

LSE:OIT's Price-to-Tangible-Book is ranked worse than
72.69% of 1615 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:OIT: 1.10

A closely related ratio is called PB Ratio. As of today, Odyssean Investment Trust's share price is £1.72. Odyssean Investment Trust's Book Value per Sharefor the quarter that ended in Sep. 2023 was £1.56. Hence, Odyssean Investment Trust's P/B Ratio of today is 1.10.

Odyssean Investment Trust Price-to-Tangible-Book Historical Data

The historical data trend for Odyssean Investment Trust'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.

Odyssean Investment Trust Price-to-Tangible-Book Chart

Odyssean Investment Trust Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

1.03

0.99

0.93

1.01

1.02

Odyssean Investment Trust Semi-Annual Data
	Sep18	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial					1.03	1.01	1.00	1.02	1.00

Competitive Comparison of Odyssean Investment Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Odyssean Investment Trust'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.

Odyssean Investment Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Odyssean Investment Trust's Price-to-Tangible-Book falls into.

Odyssean Investment Trust Price-to-Tangible-Book Calculation

Odyssean Investment Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	1.72	/	1.562
	=	1.10

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.

Odyssean Investment Trust Price-to-Tangible-Book Related Terms

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

Odyssean Investment Trust (LSE:OIT) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Odyssean Investment Trust PLC (LSE:OIT) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

25 Southampton Buildings, London, GBR, WC2A 1AL

Website

https://www.oitplc.com

Odyssean Investment Trust PLC operates as an investment company. The investment objective of the company is to achieve attractive total returns per share principally through capital growth over a long-term period. It invests in smaller company equities quoted on markets operated by the London Stock Exchange. The company's geographical segments include the United Kingdom, the United States, Europe Other, and the Rest of the World.

Odyssean Investment Trust (LSE:OIT) Headlines

No Headlines