GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » State Street Corporation (NYSE:STT) » Definitions » Book Value per Share
中文

State Street (State Street) Book Value per Share : $72.28 (As of Dec. 2023)


View and export this data going back to 1995. Start your Free Trial

What is State Street Book Value per Share?

State Street's book value per share for the quarter that ended in Dec. 2023 was $72.28.

During the past 12 months, State Street's average Book Value Per Share Growth Rate was 8.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 2.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.40% per year. 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.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of State Street was 21.00% per year. The lowest was 1.00% per year. And the median was 11.85% per year.

State Street's current price is $74.29. Its book value per share for the quarter that ended in Dec. 2023 was $72.28. Hence, today's PB Ratio of State Street is 1.03.

During the past 13 years, the highest P/B Ratio of State Street was 2.13. The lowest was 0.78. And the median was 1.33.


State Street Book Value per Share Historical Data

The historical data trend for State Street's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

State Street Book Value per Share Chart

State Street Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 60.07 67.19 69.37 66.51 72.28

State Street Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 67.69 69.01 70.14 72.28 72.85

Competitive Comparison of State Street's Book Value per Share

For the Asset Management subindustry, State Street's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


State Street's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, State Street's PB Ratio distribution charts can be found below:

* The bar in red indicates where State Street's PB Ratio falls into.



State Street Book Value per Share Calculation

State Street's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(23,799-1,976)/302
=72.27

State Street's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(23,799-1,976)/302
=72.27

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders 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.


State Street  (NYSE:STT) Book Value per Share Explanation

Usually a company's book value and Tangible Book 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.


State Street Book Value per Share Related Terms

Thank you for viewing the detailed overview of State Street's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


State Street (State Street) Business Description

Address
One Lincoln Street, Boston, MA, USA, 02111
State Street is a leading provider of financial services, including investment servicing, investment management, and investment research and trading. With approximately $42 trillion in assets under custody and administration and $4.1 trillion assets under management as of Dec. 31, 2023, State Street operates globally in more than 100 geographic markets and employs more than 46,000 worldwide.
Executives
Louis D Maiuri officer: Executive Vice President STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Michael L Richards officer: EVP and Chief Admin Officer STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Eric W. Aboaf officer: Executive Vice President CITIZENS FINANCIAL GROUP, INC., 600 WASHINGTON BLVD., STAMFORD CT 06901
Ian Appleyard officer: EVP, CAO and Global Controller STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Yie-hsin Hung officer: EVP; President and CEO of SSGA 30 HUDSON STREET, JERSEY CITY NJ 07302
Donna Demaio director 175 WATER STREET, NEW YORK NY 10038
Francisco Aristeguieta officer: EVP; CEO State Street Int'l 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
Andrew Erickson officer: Executive Vice President STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Cyrus Taraporevala officer: EVP; President and CEO of SSGA STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Saint-aignan Patrick De director 27 RICHMOND ROAD, PEMBROKE D0 HM08
W. Bradford Hu officer: Executive Vice President 388 GREENWICH STREET, 17TH FLOOR, NEW YORK NY 10013
David C Phelan officer: EVP and General Counsel STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111
Julio A Portalatin director C/O MARSH & MCLENNAN COMPANIES, INC., 1166 AVENUE OF THE AMERICAS, NEW YORK NY 10036
John B Rhea director C/O INVITATION HOMES INC., 1717 MAIN STREET, SUITE 2000, DALLAS TX 75201
Andrew P Kuritzkes officer: EVP and Chief Risk Officer STATE STREET CORPORATION, ONE LINCOLN STREET, BOSTON MA 02111