Motley Fool Next Index ETF (TMFX)
21.87
-0.10
(-0.46%)
USD |
BATS |
Dec 29, 16:00
21.87
0.00 (0.00%)
After-Hours: 17:52
TMFX Weighted Average Price to Book Ratio
Weighted Average Price to Book Ratio Chart
Sep '18
Jan '19
May '19
285.00
270.00
255.00
240.00
Historical Data
Weighted Average Price to Book Ratio Definition
The weighted average price-to-book ratio for a fund is a measure that quantifies the valuation of the fund's holdings relative to their book values, while accounting for the proportion of each holding in the fund's total portfolio. It is calculated by multiplying the price-to-book ratio of each individual holding by its portfolio weight, summing these products across all holdings, and then dividing by the total portfolio weight.
Weighted Average Price to Book Ratio Range, Past 5 Years
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