Ares Management's book value per share for the quarter that ended in Dec. 2023 was $9.94.
During the past 12 months, Ares Management's average Book Value Per Share Growth Rate was 10.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 17.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 30.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.90% 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 Ares Management was 55.10% per year. The lowest was -17.70% per year. And the median was 1.10% per year.
Ares Management's current price is $133.73. Its book value per share for the quarter that ended in Dec. 2023 was $9.94. Hence, today's PB Ratio of Ares Management is 13.46.
During the past 13 years, the highest P/B Ratio of Ares Management was 13.76. The lowest was 2.05. And the median was 6.98.
Warning Sign:
Ares Management Corp stock PB Ratio (=13.68) is close to 10-year high of 13.76
Ares Management Book Value per Share Historical Data
The historical data trend for Ares Management'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.
Competitive Comparison of Ares Management's Book Value per Share
For the Asset Management subindustry, Ares Management'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.
Ares Management's PB Ratio Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Ares Management's PB Ratio distribution charts can be found below:
* The bar in red indicates where Ares Management's PB Ratio falls into.
Ares Management Book Value per Share Calculation
Ares Management's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Ares Management (NYSE:ARES) 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.
Ares Management Book Value per Share Related Terms
Thank you for viewing the detailed overview of Ares Management's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Ares Management (Ares Management) Business Description
Ares Management Corp is an asset management company based in the United States. It offers investors investment-related advice and strategies for capital growth. The company's operating segments include Credit Group, Private Equity Group, Real Estate Group, Secondaries Group, and Strategic Initiatives. Its Credit Group generates maximum revenue, and manages credit strategies across the liquid and illiquid spectrum. Private Equity Group manages investment strategies categorized as corporate private equity, infrastructure and power, and special opportunities, Real Estate Group is engaged in managing real estate equity and debt strategies. The Secondary Solutions Group invests in secondary markets across a range of asset class including private equity, real estate, and infrastructure.
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