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ProVen VCT (LSE:PVN) Price-to-Tangible-Book : 0.91 (As of Jun. 03, 2024)


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

As of today (2024-06-03), ProVen VCT's share price is £0.595. ProVen VCT's Tangible Book per Share of Feb. 2023 for the quarter that ended in Feb. 2023 was £0.66. Hence, ProVen VCT's Price to Tangible Book Ratio of today is 0.91.

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

LSE:PVN's Price-to-Tangible-Book is not ranked *
in the Asset Management industry.
Industry Median: 0.95
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, ProVen VCT's share price is £0.595. ProVen VCT's Book Value per Sharefor the quarter that ended in Feb. 2023 was £0.66. Hence, ProVen VCT's P/B Ratio of today is 0.91.


ProVen VCT Price-to-Tangible-Book Historical Data

The historical data trend for ProVen 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.

ProVen VCT Price-to-Tangible-Book Chart

ProVen VCT Annual Data
Trend Feb14 Feb15 Feb16 Feb17 Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.96 1.00 0.89 0.96 0.94

ProVen VCT Semi-Annual Data
Aug13 Feb14 Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23
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 0.93 0.96 0.99 0.94

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

For the Asset Management subindustry, ProVen 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.


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

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

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



ProVen VCT Price-to-Tangible-Book Calculation

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

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Feb. 2023 )
=0.595/0.655
=0.91

* 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.


ProVen VCT Price-to-Tangible-Book Related Terms

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


ProVen VCT (LSE:PVN) Business Description

Traded in Other Exchanges
N/A
Address
55 Drury Lane, Charter House, London, GBR, WC2B 5SQ
ProVen VCT PLC is a United Kingdom-based venture capital trust. Its investment objectives are to achieve a total return greater than that available from direct investment in quoted businesses by investing in a portfolio of carefully selected qualifying investments in small and medium-sized unquoted companies with excellent growth prospects and a portfolio of non-qualifying investments including cash, liquidity funds, fixed interest securities, debt and debt-related securities in growth companies and non-qualifying venture capital investments.

ProVen VCT (LSE:PVN) Headlines

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