Sentences with phrase «in 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.

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.

This increase in the book value per share is not due to management or any business operations.

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.

Not exact matches

Warren Buffett's Berkshire Hathaway raised its per - share book value 14.4 % in 2012, less than the S&P 500's 16 % total return.

In the opinion of the Company's management, adjusted book value per share is useful in an analysis of a property casualty company's book value per share as it removes the effect of changing prices on invested assets (i.e., net unrealized investment gains (losses), net of tax), which do not have an equivalent impact on unpaid claims and claim adjustment expense reserveIn the opinion of the Company's management, adjusted book value per share is useful in an analysis of a property casualty company's book value per share as it removes the effect of changing prices on invested assets (i.e., net unrealized investment gains (losses), net of tax), which do not have an equivalent impact on unpaid claims and claim adjustment expense reservein an analysis of a property casualty company's book value per share as it removes the effect of changing prices on invested assets (i.e., net unrealized investment gains (losses), net of tax), which do not have an equivalent impact on unpaid claims and claim adjustment expense reserves.

Adjusted book value per share is total common shareholders» equity excluding net unrealized investment gains and losses, net of tax, included in shareholders» equity, divided by the number of common shares outstanding.

His last open letter to shareholders makes the point clearly about investing in creating value — «Berkshire's gain in net worth during 2016 was $ 27.5 billion, which increased the per - share book value of both our Class A and Class B stock by 10.7 %.

If you purchase shares of our common stock in this offering, you will experience immediate and substantial dilution of $ in the net tangible book value per share, assuming an initial public offering price of $ per share (the midpoint of the price range set forth on the front cover of this prospectus).

Therefore, if you purchase shares of our Class A common stock in this offering, you will experience immediate dilution of $ per share, the difference between the price per share you pay for our Class A common stock and its pro forma net tangible book value per share as of September 30, 2010, after giving effect to the issuance of shares of our Class A common stock in this offering.

Dilution in pro forma net tangible book value per share to investors purchasing shares of our Class A common stock in this offering represents the difference between the amount per share paid by investors purchasing shares of our Class A common stock in this offering and the pro forma as adjusted net tangible book value per share of our Class A common stock immediately after completion of this offering.

Therefore, if you purchase our common stock in this offering, you will incur immediate dilution of $ in the net tangible book value per share from the price you paid.

Therefore, if you purchase our common stock in this offering, you will incur an immediate dilution of $ in net tangible book value per share from the price you paid, based on an assumed initial public offering price of $ per share (the midpoint of the price range set forth on the cover of this prospectus).

«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 %.

Comprehensive loss to shareholders and book value per share were impacted by declines in both our fixed income and equity portfolios, driven by an increase in interest rates and unfavorable movements in the equity markets during the period.

«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.

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?

* Change in operating cash flow is replaced with: (i) tangible book value per share growth for companies in the Banks, Diversified Financials and Insurance sectors; and (ii) growth in funds from operations for REITs, with the exception of Mortgage and Specialized REITs.

«This quarter, we increased tangible book value per share by 11 percent while returning nearly $ 2.2 billion in capital to common shareholders.»

As we wait for a drilling recovery, NOV should remain decently profitable from its aftermarket business, so even in a tough environment we expect book value per - share to continue growing.

Because of that, our expectation is that seven years from now AIG will have fewer shares outstanding than it has today, and book value per - share will be higher than the numbers in the prior paragraph.

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).

We aim for growth in fully converted book value per share.

In the formula above, Price is the share price, EPS is earnings per share, and BPS is book value per share.

All measures like the growth in tangible book value per share become considerably more complicated to evaluate when a company grows via a series of mergers.

Growth of per - share book value from $ 3.74 in 2000 to $ 18.23 in 2015 represents a CAGR of ~ 11 % — a fantastic rate of growth, especially considering this sample contains the global financial crisis.

In 2014 however, with the ILFC deal something interesting happened: The book value per share doubled but tangible book value dropped.

Book - value - per - share growth rate is used in place of revenue - per - share growth for some financial stocks.

falling book value, has a comparatively stable dividend, and reported strong third - quarter numbers in which core earnings per share handsomely covered its quarterly distribution to shareholders.

CYS Investments has increased its second quarter book value to $ 10.31 per share which compares against $ 9.68 per share in the first quarter of 2014 and against $ 10.20 per share in the second quarter of 2013.

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.

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 valueIn 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 valuein earnings (13 % ROE on $ 100 book value).

I regard the $ 1.39 per share liquidation value as the downside in this instance, and the $ 3.03 per share book value as the upside.

Although a wide variety of market value ratios are in use, the most popular include earnings per share, book value per share, and the price - earnings ratio.

Here, insofar as company results are analyzed, book value (i.e., net asset value per share computed in accordance with Generally Accepted Accounting Principles [GAAP]-RRB- is usually ignored in almost all analyses of companies other than financial institutions and regulated utilities.

American Capital Agency Corporation's (NASDAQ: AGNC) net book value per common share has grown for the first time in a year.

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.

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.

This implies a reduction in book value of about $.45 per share per quarter.

This should result in a book value of approximately $ 120 per share once the award is paid.

Thus the combined book value of the two operating groups was approximately $ 14.70 per share, slightly more than the $ 13.00 per share ASCMA is receiving in cash.

From the Form 10 it looked like book value was going be around $ 48 per share with about half of that in cold hard cash.

In the revised plan of liquidation of December 19, 2013 the book value of GYRO (post dividends) was $ 5.70 per share.

For one thing the company had a book value of $ 2.78 per share as of Sept. 30, 2014, and all of that is in CASH (or equivalents, obviously).

That for a bank in a growing economy that has increased its book value per share by 16 % annually over the last five years.

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.

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.

Decreases in values of equity investments can have a material adverse effect on our consolidated book value per share.