ETRADE Financial (ETRADE Financial) Book Value per Share : $27.73 (As of Jun. 2020)

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What is E*TRADE Financial Book Value per Share?

E*TRADE Financial's book value per share for the quarter that ended in Jun. 2020 was $27.73.

During the past 12 months, E*TRADE Financial'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 7.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.70% 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 E*TRADE Financial was 193.60% per year. The lowest was -41.40% per year. And the median was 5.65% per year.

E*TRADE Financial's current price is $49.26. Its book value per share for the quarter that ended in Jun. 2020 was $27.73. Hence, today's PB Ratio of E*TRADE Financial is 1.78.

During the past 13 years, the highest P/B Ratio of E*TRADE Financial was 2.77. The lowest was 1.15. And the median was 1.91.

Good Sign:

E*TRADE Financial Corp stock PB Ratio (=1.87) is close to 1-year low of 1.76

E*TRADE Financial Book Value per Share Historical Data

The historical data trend for E*TRADE Financial'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.

E*TRADE Financial Book Value per Share Chart

E*TRADE Financial Annual Data

Trend

Dec10

Dec11

Dec12

Dec13

Dec14

Dec15

Dec16

Dec17

Dec18

Dec19

Book Value per Share

Get a 7-Day Free Trial

19.91

21.46

23.39

23.83

26.30

*ETRADE Financial Quarterly Data**
	Sep15	Dec15	Mar16	Jun16	Sep16	Dec16	Mar17	Jun17	Sep17	Dec17	Mar18	Jun18	Sep18	Dec18	Mar19	Jun19	Sep19	Dec19	Mar20	Jun20
Book Value per Share	Get a 7-Day Free Trial															25.75	25.93	26.30	26.38	27.73

Competitive Comparison of E*TRADE Financial's Book Value per Share

For the Capital Markets subindustry, E*TRADE Financial'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.

E*TRADE Financial's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, E*TRADE Financial's PB Ratio distribution charts can be found below:

* The bar in red indicates where E*TRADE Financial's PB Ratio falls into.

E*TRADE Financial Book Value per Share Calculation

E*TRADE Financial's Book Value Per Share for the fiscal year that ended in Dec. 2019 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(6,543	-	689)	/	223
	=	26.30

E*TRADE Financial's Book Value Per Share for the quarter that ended in Jun. 2020 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(6,820	-	689)	/	221
	=	27.73

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.

E*TRADE Financial (NAS:ETFC) 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.

E*TRADE Financial Book Value per Share Related Terms

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ETRADE Financial (ETRADE Financial) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » E*TRADE Financial Corp (NAS:ETFC) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

671 North Glebe Road, Ballston Tower, Arlington, VA, USA, 22203

Website

https://us.etrade.com

E-Trade is one of the largest direct-to-investor platforms in the United States and housed over $500 billion of invested assets and client cash at the end of 2019. The company generates interest income on noninvested cash on its platform, trading commissions, service charges including payment for order flow, and fees from stock plan administration. Almost all the company's revenue is generated within the U.S.

Executives

Richard J Carbone	director	C/O E*TRADE FINANCIAL CORP., 11 TIMES SQUARE, 32ND FLOOR 10036-9992, NEWARK NJ 10036-9992
Joshua Weinreich	director	C/O ANJIE LAROCCA, DEUTSCHE BANK, 345 PARK AVENUE, NEW YORK NY 10154
Chad E. Turner	officer: Chief Financial Officer	11 TIMES SQUARE, 32ND FLOOR NEW YORK NY 10036
Alice Milligan	officer: EVP, Chief Customer Officer	11 TIMES SQUARE 32ND FLOOR NEW YORK NY 10036
Lori Sher	officer: EVP, General Counsel	11 TIMES SQUARE 32ND FLOOR NEW YORK NY 10036
Michael Jos. Murphy	officer: Sr. MD, Retail Brokerage	11 TIMES SQUARE, 32ND FLOOR NEW YORK NY 10036
Dirk W Wyckoff	officer: Principal Accounting Officer	671 N GLEBE ROAD ARLINGTON VA 22203
Donna L Weaver	director	C/O E*TRADE FINANCIAL CORP. 11 TIMES SQUARE, 32ND FLOOR NEW YORK NY 10036-9992
Jaime Wallace Ellertson	director	C/O SI CORP, 3500 LENOX ROAD SUITE 200, ATLANTA GA 30326
Rodger A Lawson	director	C/O E*TRADE FINANCIAL CORP., 11 TIMES SQUARE, 32ND FLOOR, NEW YORK NY 10036-9992
Shelley B Leibowitz	director	C/O MORGAN STANLEY, 1585 BROADWAY, NEW YORK NY 10036
Rebecca Saeger	director	C/O E*TRADE FINANCIAL CORP., 11 TIMES SQUARE, 32ND FLOOR, NEW YORK NY 10036-9992
Michael John Curcio	officer: EVP, Institutional	C/O E*TRADE FINANCIAL CORP. 11 TIMES SQUARE, 32ND FLOOR NEW YORK NY 10036-9992
James Lam	director	C/O DAVIS POLK & WARDWELL LLP 450 LEXINGTON AVE NEW YORK NY 10017
Matthew Minetola	officer: Chief Information Officer	300 GALLERIA PARKWAY, NW ATLANTA GA 30339