Brown Advisory US Price to Book vs. Cash Position Weight Fundamental AnalysisBrown Advisory US Small Cap Blend C is currently considered the top fund in cash position weight among similar funds. It is currently considered the top fund in price to book among similar funds fabricating about 0.33 of Price to Book per Cash Position Weight. The ratio of Cash Position Weight to Price to Book for Brown Advisory US Small Cap Blend C is roughly 3.03 Percentage of fund asset invested in cash equivalents or risk free instruments. About 40% of all global funds carry cash on their balance sheet.
Funds or Etfs that have over 40% of their value invested in low risk instruments or cash equivalents typically attract conservative investors.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.
Brown Advisory US Price to Book Comparison