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Asia Dragon Trust (LSE:DGN) Book Value per Share : £4.20 (As of Feb. 2024)


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What is Asia Dragon Trust Book Value per Share?

Asia Dragon Trust's book value per share for the quarter that ended in Feb. 2024 was £4.20.

During the past 12 months, Asia Dragon Trust's average Book Value Per Share Growth Rate was -10.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 1.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 6.60% 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 Asia Dragon Trust was 24.40% per year. The lowest was -3.90% per year. And the median was 10.40% per year.

Asia Dragon Trust's current price is £4.00. Its book value per share for the quarter that ended in Feb. 2024 was £4.20. Hence, today's PB Ratio of Asia Dragon Trust is 0.95.

During the past 13 years, the highest P/B Ratio of Asia Dragon Trust was 1.25. The lowest was 0.67. And the median was 0.89.


Asia Dragon Trust Book Value per Share Historical Data

The historical data trend for Asia Dragon Trust'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.

Asia Dragon Trust Book Value per Share Chart

Asia Dragon Trust Annual Data
Trend Aug14 Aug15 Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.58 4.74 5.67 5.13 4.21

Asia Dragon Trust Semi-Annual Data
Aug14 Feb15 Aug15 Feb16 Aug16 Feb17 Aug17 Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23 Feb24
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 5.17 5.13 4.69 4.21 4.20

Competitive Comparison of Asia Dragon Trust's Book Value per Share

For the Asset Management subindustry, Asia Dragon Trust'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.


Asia Dragon Trust's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Asia Dragon Trust's PB Ratio falls into.



Asia Dragon Trust Book Value per Share Calculation

Asia Dragon Trust's Book Value Per Share for the fiscal year that ended in Aug. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(479.17-0.00)/113.75
=4.21

Asia Dragon Trust's Book Value Per Share for the quarter that ended in Feb. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(678.83-0.00)/161.46
=4.20

* 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.


Asia Dragon Trust  (LSE:DGN) 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.


Asia Dragon Trust Book Value per Share Related Terms

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Asia Dragon Trust (LSE:DGN) Business Description

Traded in Other Exchanges
Address
1 George Street, Edinburgh, GBR, EH2 2LL
Asia Dragon Trust PLC is an investment trust located in the United Kingdom. The company's primary objective is to achieve long-term capital growth through investment in the Far East with the exception of Japan and Australasia. Its investments are in stock market principally in large companies whose shares are considered to be attractively priced. The company focuses on diversified investments in various sectors such as Aerospace & Defence, Banks, Automobiles, Construction Materials, Industrial Conglomerates, Real Estate Management & Development, Wireless Telecommunication Services and others. It measures the performance of its portfolio against MSCI All Country Asia (ex-Japan) Index.

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