Hipgnosis Songs Fund (LSE:SONG) Price-to-Tangible-Book : (As of Jun. 08, 2024)

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What is Hipgnosis Songs Fund Price-to-Tangible-Book?

As of today (2024-06-08), Hipgnosis Songs Fund's share price is £1.018. Hipgnosis Songs Fund's Tangible Book per Share of Sep. 2023 for the quarter that ended in Sep. 2023 was £-0.33. Hence, Hipgnosis Songs Fund's Price to Tangible Book Ratio of today is .

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

During the past 5 years, Hipgnosis Songs Fund's highest Price to Tangible Book Ratio was 5.43. The lowest was 5.43. And the median was 5.43.

LSE:SONG's Price-to-Tangible-Book is not ranked ^*
in the Media - Diversified industry.
Industry Median: 1.84
* Ranked among companies with meaningful Price-to-Tangible-Book only.

A closely related ratio is called PB Ratio. As of today, Hipgnosis Songs Fund's share price is £1.018. Hipgnosis Songs Fund's Book Value per Sharefor the quarter that ended in Sep. 2023 was £0.89. Hence, Hipgnosis Songs Fund's P/B Ratio of today is 1.14.

Hipgnosis Songs Fund Price-to-Tangible-Book Historical Data

The historical data trend for Hipgnosis Songs Fund'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.

Hipgnosis Songs Fund Price-to-Tangible-Book Chart

Hipgnosis Songs Fund Annual Data

Trend

Mar19

Mar20

Mar21

Mar22

Mar23

Price-to-Tangible-Book

2.74

Hipgnosis Songs Fund Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Price-to-Tangible-Book	Get a 7-Day Free Trial				-	-	-	-	-

Competitive Comparison of Hipgnosis Songs Fund's Price-to-Tangible-Book

For the Entertainment subindustry, Hipgnosis Songs Fund'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.

Hipgnosis Songs Fund's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Hipgnosis Songs Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hipgnosis Songs Fund's Price-to-Tangible-Book falls into.

Hipgnosis Songs Fund Price-to-Tangible-Book Calculation

Hipgnosis Songs Fund's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Sep. 2023 )
	=	1.018	/	-0.33
	=

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.

Hipgnosis Songs Fund Price-to-Tangible-Book Related Terms

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

Hipgnosis Songs Fund (LSE:SONG) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Communication Services » Media - Diversified » Hipgnosis Songs Fund Ltd (LSE:SONG) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

Trafalgar Court, Les Banques, P.O. Box 286, Floor 2, Saint Peter Port, GGY, GY1 4LY

Website

https://www.hipgnosissongs.com

Hipgnosis Songs Fund Ltd is an investment company. The company's investment objective is to provide shareholders with an attractive and growing level of income, together with the potential for capital growth. It offers to play exposure to songs and associated musical intellectual property rights. Hipgnosis Songs Fund serves customers globally.