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Third Point Investors (LSE:TPOU) Price-to-Tangible-Book : 1.44 (As of Jun. 04, 2024)


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What is Third Point Investors Price-to-Tangible-Book?

As of today (2024-06-04), Third Point Investors's share price is $22.20. Third Point Investors's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was $15.39. Hence, Third Point Investors's Price to Tangible Book Ratio of today is 1.44.

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

LSE:TPOU' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 1.27   Med: 1.39   Max: 1.6
Current: 1.44

During the past 13 years, Third Point Investors's highest Price to Tangible Book Ratio was 1.60. The lowest was 1.27. And the median was 1.39.

LSE:TPOU's Price-to-Tangible-Book is ranked worse than
81.49% of 1615 companies
in the Asset Management industry
Industry Median: 0.95 vs LSE:TPOU: 1.44

A closely related ratio is called PB Ratio. As of today, Third Point Investors's share price is $22.20. Third Point Investors's Book Value per Sharefor the quarter that ended in Dec. 2023 was $15.39. Hence, Third Point Investors's P/B Ratio of today is 1.44.


Third Point Investors Price-to-Tangible-Book Historical Data

The historical data trend for Third Point Investors'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.

Third Point Investors Price-to-Tangible-Book Chart

Third Point Investors Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Price-to-Tangible-Book
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.30 1.34 1.43 1.41 1.27

Third Point Investors 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 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 1.43 0.91 1.41 1.39 1.27

Competitive Comparison of Third Point Investors's Price-to-Tangible-Book

For the Asset Management subindustry, Third Point Investors'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.


Third Point Investors's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Third Point Investors's Price-to-Tangible-Book falls into.



Third Point Investors Price-to-Tangible-Book Calculation

Third Point Investors's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book=Share Price/Tangible Book per Share (Q: Dec. 2023 )
=22.20/15.387
=1.44

* 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.


Third Point Investors Price-to-Tangible-Book Related Terms

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


Third Point Investors (LSE:TPOU) Business Description

Traded in Other Exchanges
Address
Trafalgar Court, P.O. Box 255, Les Banques, Saint Peter Port, GGY, GY1 3QL
Third Point Investors Ltd is a closed-ended investment company. The company focuses on providing consistent long-term capital appreciation through investment of all of its capital in Class E Shares of a master fund 'Third Point Offshore Fund'. Its objective is to provide shareholders with long-term, attractive risk-adjusted returns, using investment skills and expertise.

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