Sentences with phrase «book value per share at»

Markel's goal is to compound book value per share at a high rate over a long period of time.
Even as the shares dipped down below the 1.2 times book value threshold during both January and February of this year, if you base it on a buyback price calculated on Berkshire's book value per share at the end of 2015.

Not exact matches

«In prior years, I explained why buying back our stock at tangible book value per share was a no - brainer..
«Berkshire's gain in net worth during 2017 was $ 65.3 billion, which increased the per - share book value of both our Class A and Class B stock by 23 %... A large portion of our gain did not come from anything we accomplished at Berkshire.
Offering bank investors a view of the company stock, Dimon contended that it still made financial sense for JPMorgan to buy back shares «even at or above two times tangible book value» per share, which was $ 53.56 at year - end.
BXMT executed this offer at 1.2 x price - to - book, capturing a favorable price for the stock and driving a $ 0.41 increase in book value per share during the quarter.
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?
A: At the end of March, AIG's stated book value was $ 80 per share.
According to a note from Macquarie Equities, «with a book value per share of around $ 1.30 and farmers have purchased shares at $ 1 - $ 1.20, so we think any whole company proposal would need to reflect good value to achieve the 75 - 90 per cent required farmer sign - off (under various structures).»
For an investment portfolio of $ 1,325 per share, at 7 % tax equivalent returns, Markel should earn $ 93 per share in equity next year, growing book value by 17 % ($ 93 per share added to $ 543 per share).
However, if I look at the developement of book values for financial companies, I always look at both, stated and tangible book value per share.
Returning to the example of Invitation Homes, while privately - owned at $ 6.36 per share book value, investors earned approximately 8.75 % annualized current income.
ARMOUR Residential reported a book value of $ 7.29 per share at the end of the fourth quarter 2012, yet it continuously declined to $ 4.67 in the first quarter of 2014.
Each shareholder's ownership interest is calculated by dividing Equity by the number of shares outstanding at the measurement date - book value per share.
In this case, XYZ is priced at $ 130 per share (P / B of 1.3 times $ 100 book value), and is producing $ 13 per share in earnings (13 % ROE on $ 100 book value).
It sports the highest average three - year earnings - per - share growth rate at 77 % and has a modest book value multiple of 0.9.
But looking at Shareholder Equity, (and dividing that by the number of shares held to get the book value per share) if a company is able to earn, say, $ 1.50 on a stock whose book value is $ 10, that's a 15 % return.
At spin - off, book value per share (approximately equal to cash per share) was about $ 7.88 (undiluted).
At first blush buying Compton at this price might look like a steal; At the end of the 1Q 2012 Compton had a per - share book value of $ 10.5At first blush buying Compton at this price might look like a steal; At the end of the 1Q 2012 Compton had a per - share book value of $ 10.5at this price might look like a steal; At the end of the 1Q 2012 Compton had a per - share book value of $ 10.5At the end of the 1Q 2012 Compton had a per - share book value of $ 10.54.
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 the end of the 3rd quarter, per - share book value stood at close to $ 41 and per - share cash at $ 26.3At the end of the 3rd quarter, per - share book value stood at close to $ 41 and per - share cash at $ 26.3at close to $ 41 and per - share cash at $ 26.3at $ 26.30.
BBND's tangible book value at 31 March was $ 142M or $ 2.10 per share (~ 80 % of BBND's assets are cash and short term investments and it has no debt).
If you run the same numbers as above, but at $ 45 per share, buybacks would be accretive to earnings and approximately break even to tangible book value — still attractive but far less so.
Many reinsurance and insurance companies aim at growing fully convertible book value per share.
At March 31, 2012, after giving pro forma effect to our receipt of the net proceeds of this offering, we would have had a pro forma net tangible book value of $ 10,194,760, or $ 2.76 per share.
Our net tangible book value at March 31, 2012 was $ 0.24 per share and was determined by dividing our actual net tangible book value (total book value of tangible assets less total liabilities) on that date, by the number of outstanding shares (1,249,446) on March 31, 2012.
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.
Book value remains the starting point — NAV «s at EUR 6.305 per share, and this puts FBD on a current 1.32 Price / Book.
This is a book that starts with a simple premise: buy stocks at a fraction of the per share intrinsic value of the company, conservatively calculated.
Noting the premiums Big Food's paying for small fast - growing natural / organic / authentic brands, Nomadic may be worth a multiple of its current book value — the $ 47.5 million share redemption this week at a premium $ 9.25 per share might well reflect an NAV adjusted for Nomadic's potential sale value.
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.
With adjusted NAV now at $ 19.33 per share, the share price has recently exceeded book value.
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?
At spinoff, the company had about $ 188 million in book value (about $ 7.88 per share), most of this cash, plus certain of Myriad Genetics oncology R&D efforts (what I will call the IP assets).
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.
At a book value of $ 0.19 per share and no revenue since 2003, how exactly do you think that OXGN is worth more than what it's trading for?
At its $ 12 close yesterday HAWK has a market capitalization of $ 142M, which is 30 % of its $ 443M or $ 36.6 per share in tangible book value as at March 3At its $ 12 close yesterday HAWK has a market capitalization of $ 142M, which is 30 % of its $ 443M or $ 36.6 per share in tangible book value as at March 3at March 31.
Book value per share has increased at an annual rate of over 7 % over the past 5 years.
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.
The shares are also priced at 1.95 x tangible book value so investors should get 20.11 / 1.95 = 10.31 % return on the equity they hold per share.
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