Putnam Managed Municipalome Trust (Putnam Managed Municipalome Trust) Price-to-Tangible-Book : 1.03 (As of May. 28, 2024)

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What is Putnam Managed Municipalome Trust Price-to-Tangible-Book?

As of today (2024-05-28), Putnam Managed Municipalome Trust's share price is $5.95. Putnam Managed Municipalome Trust's Tangible Book per Share of Oct. 2023 for the quarter that ended in Oct. 2023 was $5.75. Hence, Putnam Managed Municipalome Trust's Price to Tangible Book Ratio of today is 1.03.

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

PMM' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.88 Med: 0.97 Max: 1.03
Current: 1.03

During the past 7 years, Putnam Managed Municipalome Trust's highest Price to Tangible Book Ratio was 1.03. The lowest was 0.88. And the median was 0.97.

PMM's Price-to-Tangible-Book is ranked worse than
63.4% of 1623 companies
in the Asset Management industry
Industry Median: 0.96 vs PMM: 1.03

A closely related ratio is called PB Ratio. As of today, Putnam Managed Municipalome Trust's share price is $5.95. Putnam Managed Municipalome Trust's Book Value per Sharefor the quarter that ended in Oct. 2023 was $5.75. Hence, Putnam Managed Municipalome Trust's P/B Ratio of today is 1.03.

Putnam Managed Municipalome Trust Price-to-Tangible-Book Historical Data

The historical data trend for Putnam Managed Municipalome 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.

Putnam Managed Municipalome Trust Price-to-Tangible-Book Chart

Putnam Managed Municipalome Trust Annual Data

Trend

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Price-to-Tangible-Book

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0.98

0.97

1.01

0.97

0.89

Putnam Managed Municipalome Trust Semi-Annual Data
	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Price-to-Tangible-Book	Get a 7-Day Free Trial								1.01	0.92	0.97	0.92	0.89

Competitive Comparison of Putnam Managed Municipalome Trust's Price-to-Tangible-Book

For the Asset Management subindustry, Putnam Managed Municipalome 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.

Putnam Managed Municipalome Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Putnam Managed Municipalome Trust's Price-to-Tangible-Book falls into.

Putnam Managed Municipalome Trust Price-to-Tangible-Book Calculation

Putnam Managed Municipalome Trust's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Oct. 2023 )
	=	5.95	/	5.751
	=	1.03

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.

Putnam Managed Municipalome Trust Price-to-Tangible-Book Related Terms

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

Putnam Managed Municipalome Trust (Putnam Managed Municipalome Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Putnam Managed Municipal Income Trust (NYSE:PMM) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

N/A

Address

100 Federal Street, Boston, MA, USA, 02110

Website

https://www.putnam.com

Putnam Managed Municipal Income Trust is a closed-end management investment company. Its investment objective is to seek a high level of current income exempt from federal income tax by investing in a diversified portfolio of tax-exempt municipal securities. The Fund invests in various sectors such as healthcare, retirement community, private higher education, housing-backed, essential service utilities, and state-backed bonds.

Executives

Stephen R Denny	officer: Head HR- Diversity & Inclusion, other: Putnam Investments	PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Aaron M Cooper	officer: Dir. Global Equity Research, other: Putnam Investments	100 FEDERAL STREET, BOSTON MA 02110
Manoj P Singh	director	PUTNAM INVESTMENTS, ONE POST OFFICE SQUARE, BOSTON MA 02109
Carlo Forcione	officer: Head of Product and Strategy, other: Putnam Investments	PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Catherine Saunders	officer: Head,Corporate Sustainability, other: and Public Policy - Putnam Inv	PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Mona Sutphen	director	777 HIDDEN RIDGE, IRVING TX 75038
Marie Pillai	director	C/O PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Jacquelyn S Vanderbrug	officer: Headof Sustainability Strategy, other: Putnam Investments	PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Jennifer Murphy	director	LEGG MASON, INC., 100 INTERNATIONAL DRIVE, BALTIMORE MD 21202
Brendan T Murray	officer: Head of Global Inv. Strategies, other: Putnam Investments	PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Alan Mccormack	officer: Vice President and, other: Derivatives Risk Manager	PUTNAM INVESTMENTS, 16 ST. JAMES'S STREET, LONDON X0 SW1A 1ER
Martin Lemaire	officer: Vice President and, other: Derivatives Risk Manager	PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Steven P Mckay	officer: Head of Global DCIO, other: Putnam Investments	PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Kaitlin May	officer: Head of Global Institutional, other: Management /Putnam Investments	PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110
Stephen J Tate	officer: General Counsel, other: Chief Legal Officer/Putnam Inv	PUTNAM INVESTMENTS, 100 FEDERAL STREET, BOSTON MA 02110