SEB LI Fidelity Price to Book vs. Net Asset Fundamental AnalysisSEB LI Fidelity Funds SouthEast Asia USD is one of the top funds in net asset among similar funds. It is one of the top funds in price to book among similar funds . The ratio of Net Asset to Price to Book for SEB LI Fidelity Funds SouthEast Asia USD is about 227,137 Net Asset is current market value of a fund less its liabilities. In a nutshell, if the fund is liquidated or all of the assest is sold out, the net asset will be the amount that the shareholders would demand back from the fund.
Net Asset is the value used in calulating NAV of a fund. NAV (or Net Asset Value) is computed once a day based on the formullay that uses closing prices of all positions in the fund's portfolio.Price to Book (P/B) ratio is used to relate a company book value to its current market price. A high P/B ratio indicates that investors expect executives to generate more returns on their investments from a given set of assets. Book value is accounting value of assets minus liabilities.
Price to Book ratio is mostly used in financial services industries where assets and liabilities are typically represented by dollars. Although low Price to Book ratio generally implies that the firm is undervalued, it is often a good indicator that the company may be in financial or managerial distress and should be investigated more carefully.