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Flaherty & Crumrine Prfdome Oppo (Flaherty & Crumrine Prfdome Oppo) Book Value per Share : $8.94 (As of Nov. 2023)


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What is Flaherty & Crumrine Prfdome Oppo Book Value per Share?

Flaherty & Crumrine Prfdome Oppo's book value per share for the quarter that ended in Nov. 2023 was $8.94.

During the past 12 months, Flaherty & Crumrine Prfdome Oppo's average Book Value Per Share Growth Rate was -4.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.30% 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 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Flaherty & Crumrine Prfdome Oppo was 4.60% per year. The lowest was -9.30% per year. And the median was -3.70% per year.

Flaherty & Crumrine Prfdome Oppo's current price is $8.305. Its book value per share for the quarter that ended in Nov. 2023 was $8.94. Hence, today's PB Ratio of Flaherty & Crumrine Prfdome Oppo is 0.93.

During the past 7 years, the highest P/B Ratio of Flaherty & Crumrine Prfdome Oppo was 1.18. The lowest was 0.69. And the median was 0.98.


Flaherty & Crumrine Prfdome Oppo Book Value per Share Historical Data

The historical data trend for Flaherty & Crumrine Prfdome Oppo'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.

Flaherty & Crumrine Prfdome Oppo Book Value per Share Chart

Flaherty & Crumrine Prfdome Oppo Annual Data
Trend Nov17 Nov18 Nov19 Nov20 Nov21 Nov22 Nov23
Book Value per Share
Get a 7-Day Free Trial 11.88 11.97 12.05 9.40 8.94

Flaherty & Crumrine Prfdome Oppo Semi-Annual Data
Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23
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 12.05 10.32 9.40 8.66 8.94

Competitive Comparison of Flaherty & Crumrine Prfdome Oppo's Book Value per Share

For the Asset Management subindustry, Flaherty & Crumrine Prfdome Oppo'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.


Flaherty & Crumrine Prfdome Oppo's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Flaherty & Crumrine Prfdome Oppo's PB Ratio distribution charts can be found below:

* The bar in red indicates where Flaherty & Crumrine Prfdome Oppo's PB Ratio falls into.



Flaherty & Crumrine Prfdome Oppo Book Value per Share Calculation

Flaherty & Crumrine Prfdome Oppo's Book Value Per Share for the fiscal year that ended in Nov. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(116.89-0.00)/13.08
=8.94

Flaherty & Crumrine Prfdome Oppo's Book Value Per Share for the quarter that ended in Nov. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(116.89-0.00)/13.08
=8.94

* 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.


Flaherty & Crumrine Prfdome Oppo  (NYSE:PFO) 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.


Flaherty & Crumrine Prfdome Oppo Book Value per Share Related Terms

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


Flaherty & Crumrine Prfdome Oppo (Flaherty & Crumrine Prfdome Oppo) Business Description

Traded in Other Exchanges
N/A
Address
301 E. Colorado Boulevard, Suite 800, Pasadena, CA, USA, 91101
Flaherty & Crumrine Prfd Income Oppo is the United States-based diversified, closed-end investment company. Its primary investment objective is to produce high current income consistent with the preservation of capital. The fund invests primarily in a diversified portfolio of preferred securities which includes traditional preferred stocks eligible for the inter-corporate dividends received a deduction and fully taxable preferred securities.
Executives
Karen Hanovice Hogan director 301 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Chad Conwell officer: VP & Asst. Compliance Officer 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Robert M Ettinger officer: President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Robert F Wulf director 301 E. COLORADO BLVD., SUITE 720, PASADENA CA 91101
Bank Of America Corp /de/ 10 percent owner BANK OF AMERICA CORPORATE CENTER, 100 N TRYON ST, CHARLOTTE NC 28255
Merrill Lynch, Pierce, Fenner & Smith Inc. 10 percent owner 4 WORLD FINANCIAL CENTER, NORTH TOWER, NEW YORK NY 10080
Banc Of America Securities Llc 10 percent owner 100 N TRYON ST., 25TH FLOOR, CHARLOTTE NC 28255
Donald F Crumrine director, officer: Chairman of the Board 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Christopher Douglas Ryan officer: Vice President 310 EAST COLORADO BLVD, SUITE 720, PASADENA CA 91101
Martin Brody director C/O HMK ASSOCIATES, 30 COLUMBIA TURNPIKE, FLORHAM PARK NJ 07932
Laurie C Lodolo officer: Asst CCO, Asst Treas, Asst Sec 301 E. COLORADO BOULEVARD, SUITE 720, PASADENA CA 91101
Robert E Chadwick officer: Vice President 301 E COLORADO BLVD STE 720, PASADENA CA 91101
Peter C Stimes officer: VP,CFO,Chf Acct Officer 301 E COLORADO BLVD STE 720, PASADENA CA 91101
David Gale director 220 MONTGOMERY STREET, SUITE 426, SAN FRANCISCO CA 94104
Bradford S Stone officer: Vice President, Asst Treasurer 47 MAPLE ST. SUITE 403, SUMMIT NJ 07901

Flaherty & Crumrine Prfdome Oppo (Flaherty & Crumrine Prfdome Oppo) Headlines