Franklin Resources Inc

NYSE BEN

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Franklin Resources Inc Price to Book Ratio (P/B) on June 03, 2024: 0.96

Franklin Resources Inc Price to Book Ratio (P/B) is 0.96 on June 03, 2024, a -7.83% change year over year. The price to book ratio compares the market price per share of a company's stock to its book value per share. It is calculated by dividing the market capitalization by the shareholders' equity minus treasury stock, divided by the number of outstanding shares. This ratio provides insights into how the market values a company relative to its book value. A ratio above 1 indicates the market values the company more than its book value, suggesting positive market sentiment.

Franklin Resources Inc 52-week high Price to Book Ratio (P/B) is 1.25 on March 11, 2024, which is 30.17% above the current Price to Book Ratio (P/B).
Franklin Resources Inc 52-week low Price to Book Ratio (P/B) is 0.92 on October 23, 2023, which is -4.33% below the current Price to Book Ratio (P/B).
Franklin Resources Inc average Price to Book Ratio (P/B) for the last 52 weeks is 1.09.

NYSE: BEN

Franklin Resources Inc

CEO	Mr. Gregory Eugene Johnson CPA, CPA
IPO Date	Sept. 7, 1984
Location	United States
Headquarters	One Franklin Parkway, San Mateo, CA, United States, 94403
Employees	10,100
Sector	Financial Services
Industry	Asset management

Description

Franklin Resources, Inc. is a publicly owned asset management holding company. Through its subsidiaries, the firm provides its services to individuals, institutions, pension plans, trusts, and partnerships. It launches equity, fixed income, balanced, and multi-asset mutual funds through its subsidiaries. The firm invests in the public equity, fixed income, and alternative markets. Franklin Resources, Inc. was founded in 1947 and is based in San Mateo, California with an additional office in Calgary, Canada; Dubai, United Arab Emirates; Edinburgh, United Kingdom; Fort Lauderdale, United States; Hyderabad, India; London, United Kingdom; Rancho Cordova, United states; Shanghai, China; Singapore; Stamford, United States; and Vienna, Austria.

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