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First Trust Energy Income & Growth Fund (AMEX:FEN)
Book Value Per Share
$32.92 (As of Nov. 2013)

First Trust Energy Income & Growth Fund's book value per share for the quarter that ended in Nov. 2013 was $32.92.

During the past 12 months, First Trust Energy Income & Growth Fund's average Book Value Per Share Growth Rate was 13.00% per year.

First Trust Energy Income & Growth Fund's current price is $33.30. Its book value per share for the quarter that ended in Nov. 2013 was $32.92. Hence, today's P/B Ratio of First Trust Energy Income & Growth Fund is 0.00.

During the past 4 years, the highest P/B Ratio of First Trust Energy Income & Growth Fund was 1.25. The lowest was 0.94. And the median was 1.10.


Definition

First Trust Energy Income & Growth Fund's Book Value Per Share for the fiscal year that ended in Nov. 2013 is calculated as:

Book Value Per Share=(Total Equity-Preferred Stock)/Total Shares Outstanding
=(637.31-0.00)/19.36
=32.92

First Trust Energy Income & Growth Fund's Book Value Per Share for the quarter that ended in Nov. 2013 is calculated as:

Book Value Per Share=(Total Equity-Preferred Stock)/Total Shares Outstanding
=(637.31-0.00)/19.36
=32.92

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company.

Book value may include intangible items which may come from the company’s past acquisitions. Book value less intangibles is called Tangible Book.


Explanation

Usually a company’s book value and Tangible Book Value per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Related Terms

Total Equity, Preferred Stock, Total Shares Outstanding, Tangible Book Value per Share


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

First Trust Energy Income & Growth Fund Annual Data

Nov10Nov11Nov12Nov13
Book Value Per Share 0.000.000.000.000.000.0025.9527.3129.1332.92

First Trust Energy Income & Growth Fund Semi-Annual Data

May10Nov10May11Nov11May12Nov12May13Nov13
Book Value Per Share 0.000.0021.4925.9527.0327.3127.2729.1332.2732.92
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