Global Dividend Growth Split (TSX:GDV) Price-to-Tangible-Book : 1.19 (As of May. 13, 2024)

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What is Global Dividend Growth Split Price-to-Tangible-Book?

As of today (2024-05-13), Global Dividend Growth Split's share price is C$9.84. Global Dividend Growth Split's Tangible Book per Share of Dec. 2023 for the quarter that ended in Dec. 2023 was C$8.28. Hence, Global Dividend Growth Split's Price to Tangible Book Ratio of today is 1.19.

The historical rank and industry rank for Global Dividend Growth Split's Price-to-Tangible-Book or its related term are showing as below:

TSX:GDV' s Price-to-Tangible-Book Range Over the Past 10 Years
Min: 0.96 Med: 1.02 Max: 1.4
Current: 1.19

During the past 6 years, Global Dividend Growth Split's highest Price to Tangible Book Ratio was 1.40. The lowest was 0.96. And the median was 1.02.

TSX:GDV's Price-to-Tangible-Book is ranked worse than
76.06% of 1621 companies
in the Asset Management industry
Industry Median: 0.96 vs TSX:GDV: 1.19

A closely related ratio is called PB Ratio. As of today, Global Dividend Growth Split's share price is C$9.84. Global Dividend Growth Split's Book Value per Sharefor the quarter that ended in Dec. 2023 was C$8.28. Hence, Global Dividend Growth Split's P/B Ratio of today is 1.19.

Global Dividend Growth Split Price-to-Tangible-Book Historical Data

The historical data trend for Global Dividend Growth Split'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.

Global Dividend Growth Split Price-to-Tangible-Book Chart

Global Dividend Growth Split Annual Data

Trend

Dec18

Dec19

Dec20

Dec21

Dec22

Dec23

Price-to-Tangible-Book

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0.96

1.04

0.99

1.40

1.07

Global Dividend Growth Split Semi-Annual Data
	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Price-to-Tangible-Book	Get a 7-Day Free Trial							0.99	1.33	1.40	1.19	1.07

Competitive Comparison of Global Dividend Growth Split's Price-to-Tangible-Book

For the Asset Management subindustry, Global Dividend Growth Split'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.

Global Dividend Growth Split's Price-to-Tangible-Book Distribution in the Asset Management Industry

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

* The bar in red indicates where Global Dividend Growth Split's Price-to-Tangible-Book falls into.

Global Dividend Growth Split Price-to-Tangible-Book Calculation

Global Dividend Growth Split's price-to-tangible-book ratio for today is calculated as:

Price to Tangible Book	=	Share Price	/	Tangible Book per Share (Q: Dec. 2023 )
	=	9.84	/	8.277
	=	1.19

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.

Global Dividend Growth Split Price-to-Tangible-Book Related Terms

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

Global Dividend Growth Split (TSX:GDV) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Global Dividend Growth Split Corp (TSX:GDV) » Definitions » Price-to-Tangible-Book

Comparable Companies

Traded in Other Exchanges

GDV.PR.A.PFD:Canada

Address

181 Bay Street, Bay Wellington Tower, Suite 2930, Box 793, Brookfield Place, Toronto, ON, CAN, M5J 2T3

Website

https://www.bromptongroup.com

Global Dividend Growth Split Corp is a closed-end investment fund. It invests in a diversified portfolio of equity securities of large-capitalization global dividend growth companies. Its objectives are to provide holders with monthly non-cumulative cash distributions and to provide holders with the opportunity for capital appreciation through exposure to the portfolio.