Pembroke VCT PLC (PEMB) - Net Assets

Latest as of March 2026: GBX286.22 Million GBX ≈ $34.82K USD

Based on the latest financial reports, Pembroke VCT PLC (PEMB) has net assets worth GBX286.22 Million GBX (≈ $34.82K USD) as of March 2026. Net assets (also known as shareholders' equity or book value) represent the difference between a company's total assets (GBX291.70 Million ≈ $35.49K USD) and total liabilities (GBX5.47 Million ≈ $666.03 USD). This figure indicates the residual interest in the assets after deducting liabilities, essentially showing what would remain for shareholders if all assets were liquidated and all debts paid off. Check PEMB capital-intensive asset ratio to assess the company's strategic physical and investment asset allocation.

Key Net Assets Metrics

Metric	Value
Current Net Assets	GBX286.22 Million
% of Total Assets	98.12%
Annual Growth Rate	25.79%
5-Year Change	42.69%
10-Year Change	686.63%
Growth Volatility	16.61

Pembroke VCT PLC - Net Assets Trend (2014–2026)

This chart illustrates how Pembroke VCT PLC's net assets have evolved over time, based on quarterly financial data. For live market cap and overall valuation, see PEMB stock market capitalisation.

Annual Net Assets for Pembroke VCT PLC (2014–2026)

The table below shows the annual net assets of Pembroke VCT PLC from 2014 to 2026. Also explore how fast is Pembroke VCT PLC growing its equity to track the company's year-over-year net asset growth rate.

Year	Net Assets	Change
2026-03-31	GBX286.22 Million ≈ $34.82K	+13.73%
2025-03-31	GBX251.67 Million ≈ $30.62K	+12.32%
2024-03-31	GBX224.07 Million ≈ $27.26K	+3.23%
2023-03-31	GBX217.06 Million ≈ $26.41K	+8.21%
2022-03-31	GBX200.59 Million ≈ $24.41K	+51.20%
2021-03-31	GBX132.67 Million ≈ $16.14K	+24.61%
2020-03-31	GBX106.46 Million ≈ $12.95K	+57.10%
2019-03-31	GBX67.77 Million ≈ $8.25K	+32.31%
2018-03-31	GBX51.22 Million ≈ $6.23K	+40.77%
2017-03-31	GBX36.39 Million ≈ $4.43K	+26.86%
2016-03-31	GBX28.68 Million ≈ $3.49K	+37.93%
2015-03-31	GBX20.80 Million ≈ $2.53K	+14.01%
2014-03-31	GBX18.24 Million ≈ $2.22K	--

Equity Component Analysis

This analysis shows how different components contribute to Pembroke VCT PLC's total equity over time. Equity components include common stock, retained earnings, additional paid-in capital, and other elements.

Equity Composition Insights

Retained earnings have decreased by 168.8% over the analyzed period, potentially due to dividend distributions or operating losses.

Current Equity Component Breakdown (March 2026)

Component	Amount	Percentage
Common Stock	GBX2.93 Million	1.03%
Other Comprehensive Income	GBX265.31 Million	92.70%
Other Components	GBX18.30 Million	6.39%
Total Equity	GBX286.22 Million	100.00%

Pembroke VCT PLC Competitors by Market Cap

The table below lists competitors of Pembroke VCT PLC ranked by their market capitalization.

Company	Market Cap
Weaccess Group SA PA:MLWEA	$3.33 Million
PreveCeutical Medical Inc F:18H	$3.34 Million
Chinhung International Inc. Pfd. Series 2 KO:002787	$3.34 Million
REDSUN PROPERTIES GROUP F:0RJ	$3.34 Million
Golden Metal Resources PLC LSE:GMET	$3.33 Million
Dolphin International Bhd KLSE:5265	$3.33 Million
Axilion Smart Mobility Ltd TA:AILN	$3.32 Million
Copper Lake Resources Ltd V:CPL	$3.31 Million

Equity Growth Attribution

This analysis shows how different factors contributed to changes in Pembroke VCT PLC's equity between the two most recent reporting periods.

Equity Growth Insights

From 2025 to 2026, total equity changed from 251,671,000 to 286,222,000, a change of 34,551,000 (13.7%).
Net income of 9,848,000 contributed positively to equity growth.
Dividend payments of 13,023,000 reduced retained earnings.
Share repurchases of 7,886,000 reduced equity.
New share issuances of 44,518,000 increased equity.
Other comprehensive income increased equity by 95,145,000.
Other factors decreased equity by 94,051,000.

Equity Change Factors (2025 to 2026)

Factor	Impact	Contribution
Net Income	GBX9.85 Million	+3.44%
Dividends Paid	GBX13.02 Million	-4.55%
Share Repurchases	GBX7.89 Million	-2.76%
Share Issuances	GBX44.52 Million	+15.55%
Other Comprehensive Income	GBX95.14 Million	+33.24%
Other Changes	GBX-94.05 Million	-32.86%
Total Change	GBX-	13.73%

Book Value vs Market Value Analysis

This analysis compares Pembroke VCT PLC's book value (net assets) with its market value over time. The relationship between these values can provide insights into investor sentiment and company valuation.

Valuation Insights

Current price-to-book ratio: 87.03x
The company is trading at a significant premium to its book value, suggesting the market values its earnings potential, brand, or other intangibles highly.
The price-to-book ratio has increased from 69.20x to 87.03x over the analyzed period, suggesting growing market confidence.

Historical Price-to-Book Ratios

Date	Book Value per Share	Market Price	P/B Ratio
2014-03-31	GBX1.35	GBX93.50	x
2015-03-31	GBX1.15	GBX93.50	x
2016-03-31	GBX1.58	GBX93.50	x
2017-03-31	GBX1.19	GBX93.50	x
2018-03-31	GBX1.15	GBX93.50	x
2019-03-31	GBX1.32	GBX93.50	x
2020-03-31	GBX1.87	GBX93.50	x
2021-03-31	GBX1.30	GBX93.50	x
2022-03-31	GBX1.60	GBX93.50	x
2023-03-31	GBX1.27	GBX93.50	x
2024-03-31	GBX1.15	GBX93.50	x
2025-03-31	GBX1.12	GBX93.50	x
2026-03-31	GBX1.07	GBX93.50	x

Capital Efficiency Dashboard

This dashboard shows how efficiently Pembroke VCT PLC utilizes its equity to generate returns, including Return on Equity (ROE) and its components based on the DuPont analysis framework.

Capital Efficiency Insights

Current Return on Equity (ROE): 3.44%
The company may be facing challenges in efficiently utilizing shareholder equity.
DuPont Analysis Breakdown:
• Net Profit Margin: 60.95%
• Asset Turnover: 0.06x
• Equity Multiplier: 1.02x
Recent ROE (3.44%) is below the historical average (3.67%), suggesting potential challenges in capital efficiency.

Historical Capital Efficiency Metrics

Year	Return on Equity	Net Profit Margin	Asset Turnover	Equity Multiplier	Economic Value Added
2014	2.58%	73.93%	0.03x	1.04x	GBX-1.35 Million
2015	5.58%	79.49%	0.07x	1.03x	GBX-919.46K
2016	7.17%	86.93%	0.08x	1.01x	GBX-812.66K
2017	2.31%	70.88%	0.03x	1.02x	GBX-2.80 Million
2018	7.92%	396.16%	0.02x	1.01x	GBX-1.06 Million
2019	8.60%	94.09%	0.09x	1.00x	GBX-950.05K
2020	-3.63%	0.00%	-0.03x	1.00x	GBX-14.51 Million
2021	10.56%	94.18%	0.11x	1.00x	GBX742.40K
2022	12.02%	93.91%	0.13x	1.01x	GBX4.05 Million
2023	-4.28%	0.00%	-0.04x	1.01x	GBX-30.87 Million
2024	-4.67%	0.00%	-0.04x	1.02x	GBX-32.88 Million
2025	0.18%	24.10%	0.01x	1.04x	GBX-24.72 Million
2026	3.44%	60.95%	0.06x	1.02x	GBX-18.77 Million

Industry Comparison

This section compares Pembroke VCT PLC's net assets metrics with peer companies in the Asset Management industry.

Industry Context

Industry: Asset Management
Average net assets among peers: $971,344,300
Average return on equity (ROE) among peers: 2.31%

Peer Company Comparison

Company	Net Assets	Return on Equity	Debt-to-Equity	Market Cap
Pembroke VCT PLC (PEMB)	GBX286.22 Million	2.58%	0.02x	$3.33 Million
3I Infrastructure PLC (3IN)	$1.25 Billion	6.43%	0.14x	$44.16 Million
Albion Enterprise VCT PLC (AAEV)	$278.53 Million	5.11%	0.01x	$3.20 Million
abrdn Asian Income Fund Limited (AAIF)	$329.43 Million	-11.14%	0.12x	$5.50 Million
Abrdn Asia Focus PLC (AAS)	$46.34 Million	0.00%	0.14x	$7.56 Million
Albion Technology & General VCT PLC (AATG)	$78.03 Million	-0.40%	0.01x	$3.15 Million
Abrdn PLC (ABDN)	$6.67 Billion	3.99%	0.71x	$52.13 Million
Aberdeen Diversified Income and Growth Trust PLC (ADIG)	$413.68 Million	2.10%	0.15x	$450.86K
Aquila Energy Efficiency Trust PLC (AEET)	$95.23 Million	0.14%	0.02x	$247.72K
Aquila European Renewables Income PLC (AERI)	$316.90 Million	-0.37%	0.13x	$64.28 Million
Artemis UK Future Leaders plc (AFL)	$241.60 Million	17.22%	0.01x	$439.05

About Pembroke VCT PLC

LSE:PEMB UK Asset Management

Market Cap

$3.33 Million

GBX27.36 Billion GBX

Market Cap Rank

#29388 Global

#568 in UK

Share Price

GBX93.50

Change (1 day)

+0.00%

52-Week Range

GBX90.50 - GBX94.00

All Time High

GBX103.15