Sentences with phrase «book value per»

One such example is White Motor Company: on December 31, 1931 the company's book value per share was $ 55.
A glance at key statistics shows cash ($ 2.4 B) far higher than debt ($ 1.57 B) and a book value per share of $ 8.55.
Book value per share has increased at an annual rate of over 7 % over the past 5 years.
Markel's goal is to compound book value per share at a high rate over a long period of time.
For example, I suspect the M&A value of Nomadic Dairy is significantly higher than its current book value — this value differential could be pretty meaningful to what will be a sub-40 million mkt cap company & likely explains why management's obviously comfortable buying back shares at a premium to the current (under --RRB- stated book value per share.
Excluding the warrants, book value per fully diluted share is about CAD $ 1.23 or about USD$ 1.20.
When we find a stock with a low price - to - book value, we look to see if the price is too low, or if its book value per share is inflated.
Since the inflation and interest rates in the example are roughly in line with the current environment and the average return on equity is 12 %, Muhlenkamp is willing to pay two times book value per share or 17 times earnings per share for companies with a 12 % return on equity.
The first filter looks for companies with a current return on equity (earnings per share over the latest 12 months divided by book value per share as of the latest quarter) greater than the post-World War II average of 14 %.
When the price per share was below the book value per share, Schloss saw a potential bargain.
Book value per share decreased to 3.5 % to $ 13.10 as of December 31, 2007 from $ 13.57 as of December 31 2006 and our tangible book value per share was $ 11.38 as of December, 31 2007 down from $ 11.89 as of December 31 2006.
Book value per share gives you a rough idea of the stock's asset value.
Price - to - book - value ratios: The book value per share of a company is the value that the company's books place on its assets, less all liabilities, divided by the number of shares outstanding.
Given your belief that Berkshire's intrinsic value continues to exceed its book value with the difference continuing to widen over time, are we at a point where it makes sense to consider buying back stock at a higher break point that Berkshire currently has in place and would you ever consider stepping in buying back shares that did dip down below 1.2 times book value per share even if that prior years» figure had not yet been released?
When evaluating Potash based on asset growth per share (atps) and book value per share (bkvlps), we see steady growth and very little cyclicality.
The historical cost accounting principle, which tends to understate certain asset values, and the supply and demand forces of the marketplace generally push stock prices above book value per share valuations.
In the context of corporate financial statements of publicly traded companies, the NAVPS, more commonly referred to as book value per share, is usually below the market price per share.
The projected 10 - year rate of return (calculated using the current price and the projected price in 10 years based on the sustainable growth rate, projected book value per share and earnings per share, and historical average price - earnings ratio) is greater than or equal to 15 %
I determine the tangible book value per share of a company (whether supplied on the annual report or not) for each company that I analyze.
but at least # 2 million (which is pretty substantial vs. ARGO's market cap) was ultimately returned to shareholders, book value per share was enhanced, the share price benefited, and a liquidity / exit opportunity was presented to investors.
KWG has all but eliminated its gaping NAV discount, which was obviously one of the key attractions for me originally — it now trades on a mere 4 % discount to its latest book value per share.
Companies that are liberal in their accounting may have good looking earnings, but growth in book value per share can be quite poor.
The reason for value's outperformance is simply due to the fact that the value portfolios bought more book value per dollar invested: 4.3 x versus 0.25 x for the glamour portfolio.
Yet how many CEOs gain bonuses partially off of sales and other meaningless criteria — far better to use something like five - year increase in fully converted tangible book value per share.
Again, the value portfolios outperformed because they bought more book value per dollar invested than the glamour portfolios: 4.57 x on average versus 0.25 x in the glamour portfolios.
This is why I pay attention to growth in book value per share, ex accumulated other comprehensive income, plus dividends, rather than earnings.
In that case, like Buffett, we look at the stock like a bond, and look for growth in the book value per share to drive the growth in the price.
And, if I can be so radical, we begin ignoring earnings and focus on growth tangible book value per share.
If Buffett still measures his life by the book value per share of Berkshire Hathaway, then for the first time in forty years he must feel like a wasting asset.
The net proceeds from the sale of the 2,444,450 units represents an immediate increase in net tangible book value per share of $ 2.52 to the existing stockholders and dilution of $ 1.74 per share to the new investors.
Decreases in values of equity investments can have a material adverse effect on our consolidated book value per share.
Fully convertible book value per share assumes that you invest your dividends in the common stock (without taxation), and thus compound your gains through reinvestment, taking account of dilution.
Many reinsurance and insurance companies aim at growing fully convertible book value per share.
If the market value of a company is trading higher than its book value per share, it is considered to be overvalued.
The tables above show our earnings per share and tangible book value per share over the last six years.
Our tangible book value per share is a good, very conservative measure of share - holder value.
Tangible book value per share Book value (also known as equity, shareholders» funds, or net asset value) is the value of all a company's assets, minus its liabilities.
With these assumptions, after four years, not only would earnings per share be 20 % higher than they otherwise would have been, but tangible book value per share would be 15 % higher than it otherwise would have been.
This means that last week's buyback was accretive in terms of book value per share; the 3.5 % buyback resulted in a 5.7 % increase in book value for the remaining outstanding shares, with book value per share growing from $ 55.33 to $ 58.52.
That for a bank in a growing economy that has increased its book value per share by 16 % annually over the last five years.
Return on Equity %: The current fiscal years estimated earnings per share (EPS) divided by the book value per share.
The reasons for using this sort of equation is twofold: first, by using dollar figures rather than earnings per share and book value per share, large companies are given their proper weight versus smaller companies.
At year - end 2009, book value per share had fallen to $ 41, though cash and marketable securities had increased slightly to about $ 24.60 per share.
At spin - off, book value per share (approximately equal to cash per share) was about $ 7.88 (undiluted).
The divergence in the P / BV (price divided by book value per share) is even wider: 5.19 for growth and 1.74 for value.
Its net book value per share has declined more than 15 % from $ 28.93 in the first quarter of 2013 to $ 24.49 in the first quarter of 2014.
Compare the price per share against the book value per share.
Price - to - book ratio is the ratio of a stock's price to its book value per share.
American Capital Agency Corporation's (NASDAQ: AGNC) net book value per common share has grown for the first time in a year.
The price - to - book ratio is the share price divided by the book value per share.
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