Smithson Investment Trust (LSE:SSON) Price-to-Tangible-Book : 0.87 (As of May. 04, 2024)

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

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

As of today (2024-05-04), Smithson Investment Trust's share price is £13.94. Smithson Investment Trust's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was £15.98. Hence, Smithson Investment Trust's Price to Tangible Book Ratio of today is 0.87.

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

LSE:SSON' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.86 Med: 1.03 Max: 1.07
Current: 0.87

During the past 5 years, Smithson Investment Trust's highest Price to Tangible Book Ratio was 1.07. The lowest was 0.86. And the median was 1.03.

LSE:SSON's Price-to-Tangible-Book is ranked better than
68.25% of 1625 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:SSON: 0.87

A closely related ratio is called PB Ratio. As of today, Smithson Investment Trust's share price is £13.94. Smithson Investment Trust's Book Value per Sharefor the quarter that ended in Dec. 2023 was £15.98. Hence, Smithson Investment Trust's P/B Ratio of today is 0.87.

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

The historical data trend for Smithson 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.

Smithson Investment Trust Price-to-Tangible-Book Chart

Smithson Investment Trust Annual Data

Trend

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

1.07

1.04

1.03

0.93

0.89

Smithson Investment Trust Semi-Annual Data
	Dec18	Jun19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial					1.03	0.88	0.93	0.89	0.89

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

For the Asset Management subindustry, Smithson 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.

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

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

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

Smithson Investment Trust Price-to-Tangible-Book Calculation

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

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	13.94	/	15.98
	=	0.87

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.

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

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

Smithson Investment Trust (LSE:SSON) Business Description

Industry

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

Comparable Companies

Traded in Other Exchanges

SSONl:UK

Address

125 London Wall, 6th Floor, London, GBR, EC2Y 5AS

Website

https://www.smithson.co.uk

Smithson Investment Trust PLC operates as an investment company. Its investment objective is to provide shareholders with long term growth in value through exposure to a diversified portfolio of shares issued by listed or traded companies. The company invests in various sectors such as Materials; Financials; Consumer Staples; Communication Services; Consumer Discretionary; Healthcare; Industrials and Information Technology. Geographically, it operates in Latin America; Eurasia, the Middle East, Africa; Asia Pacific; North America and Europe.

Smithson Investment Trust (LSE:SSON) Headlines

No Headlines