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Baillie Gifford China Growth Trust (LSE:BGCG) Tangible Book per Share : £1.93 (As of Jan. 2024)


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What is Baillie Gifford China Growth Trust Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Baillie Gifford China Growth Trust's tangible book value per share for the quarter that ended in Jan. 2024 was £1.93.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Baillie Gifford China Growth Trust Tangible Book per Share Historical Data

The historical data trend for Baillie Gifford China Growth Trust's Tangible Book 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.

Baillie Gifford China Growth Trust Tangible Book per Share Chart

Baillie Gifford China Growth Trust Annual Data
Trend Jan15 Jan16 Jan17 Jan18 Jan19 Jan20 Jan21 Jan22 Jan23 Jan24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.64 4.93 3.54 3.29 1.93

Baillie Gifford China Growth Trust Semi-Annual Data
Jul14 Jan15 Jul15 Jan16 Jul16 Jan17 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
Tangible Book 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 3.54 3.12 3.29 2.66 1.93

Competitive Comparison of Baillie Gifford China Growth Trust's Tangible Book per Share

For the Asset Management subindustry, Baillie Gifford China Growth Trust's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Baillie Gifford China Growth Trust's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Baillie Gifford China Growth Trust's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Baillie Gifford China Growth Trust's Price-to-Tangible-Book falls into.



Baillie Gifford China Growth Trust Tangible Book per Share Calculation

Baillie Gifford China Growth Trust's Tangible Book Value Per Share for the fiscal year that ended in Jan. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(119.411-0-0)/61.8523
=1.93

Baillie Gifford China Growth Trust's Tangible Book Value Per Share for the quarter that ended in Jan. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(119.411-0-0)/61.8523
=1.93

* 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 equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Baillie Gifford China Growth Trust  (LSE:BGCG) Tangible Book 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.


Baillie Gifford China Growth Trust Tangible Book per Share Related Terms

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Baillie Gifford China Growth Trust (LSE:BGCG) Business Description

Traded in Other Exchanges
Address
1 Greenside Row, Calton Square, Edinburgh, GBR, EH1 3AN
Baillie Gifford China Growth Trust PLC is an asset management firm that has assets under management and advice. It aims to produce long-term capital growth by investing predominantly in shares of, or depositary receipts representing the shares of, Chinese companies.

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