Switch to:
KKR Financial Holdings LLC (NYSE:KFN)
Book Value Per Share
\$12.34 (As of Dec. 2013)

KKR Financial Holdings LLC's book value per share for the quarter that ended in Dec. 2013 was \$12.34.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

KKR Financial Holdings LLC's current price is \$11.54. Its book value per share for the quarter that ended in Dec. 2013 was \$12.34. Hence, today's P/B Ratio of KKR Financial Holdings LLC is 0.94.

Definition

KKR Financial Holdings LLC's Book Value Per Share for the fiscal year that ended in Dec. 2013 is calculated as:

 Book Value Per Share = (Total Equity - Preferred Stock) / Shares Outstanding (EOP) = (2,527.7 - 0.0) / 204.8 = 12.34

KKR Financial Holdings LLC's Book Value Per Share for the quarter that ended in Dec. 2013 is calculated as:

 Book Value Per Share = (Total Equity - Preferred Stock) / Shares Outstanding (EOP) = (2,527.7 - 0.0) / 204.8 = 12.34

* 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

Historical Data

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

KKR Financial Holdings LLC Annual Data

 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Book Value Per Share 19.02 20.59 21.42 14.27 4.40 7.37 9.24 9.41 10.31 12.34

KKR Financial Holdings LLC Quarterly Data

 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Book Value Per Share 9.41 9.81 9.79 10.09 10.31 11.93 12.18 12.18 12.34 12.59
Get WordPress Plugins for easy affiliate links on Stock Tickers and Guru Names | Earn affiliate commissions by embedding GuruFocus Charts
GuruFocus Affiliate Program: Earn up to \$400 per referral. ( Learn More)