Gabelli Equity Trust (Gabelli Equity Trust) Book Value per Share : $0.00 (As of Dec. 2023)

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What is Gabelli Equity Trust Book Value per Share?

Gabelli Equity Trust's book value per share for the quarter that ended in Dec. 2023 was $0.00.

During the past 12 months, Gabelli Equity Trust's average Book Value Per Share Growth Rate was 2.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -4.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -1.20% 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 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Gabelli Equity Trust was 6.90% per year. The lowest was -4.80% per year. And the median was -3.30% per year.

Gabelli Equity Trust's current price is $21.38. Its book value per share for the quarter that ended in Dec. 2023 was $0.00. Hence, today's PB Ratio of Gabelli Equity Trust is .

During the past 8 years, the highest P/B Ratio of Gabelli Equity Trust was 1.29. The lowest was 0.64. And the median was 1.06.

Gabelli Equity Trust Book Value per Share Historical Data

The historical data trend for Gabelli Equity 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.

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Gabelli Equity Trust Book Value per Share Chart

Gabelli Equity Trust Annual Data

Trend

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Dec22

Dec23

Book Value per Share

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Gabelli Equity Trust Semi-Annual Data
	Dec16	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22	Jun23	Dec23
Book Value per Share	Get a 7-Day Free Trial									-	-	-	-	-

Competitive Comparison of Gabelli Equity Trust's Book Value per Share

For the Asset Management subindustry, Gabelli Equity 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.

Gabelli Equity Trust's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Gabelli Equity Trust's PB Ratio falls into.

Gabelli Equity Trust Book Value per Share Calculation

Gabelli Equity Trust's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(1,918.08	-	350.37)	/	0.00
	=	N/A

Gabelli Equity Trust's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(1,918.08	-	350.37)	/	0.00
	=	N/A

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.

Gabelli Equity Trust (NYSE:GABpG.PFD) 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.

Gabelli Equity Trust Book Value per Share Related Terms

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Gabelli Equity Trust (Gabelli Equity Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Equity Trust Inc (NYSE:GABpG.PFD) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

GABpK.PFD:USA GABpH.PFD:USA GAB:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Equity Trust Inc is a non-diversified closed-end management investment company. Its primary investment objective is long-term growth of capital with income as a secondary objective. The Fund invests at least 80% of its assets in equity securities under normal market conditions. Its equity portfolio includes common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securities selected by the Investment Adviser. The company invests in various sectors, of which Food & Beverage, Financial Services, Equipment and Supplies, Entertainment, Consumer Products, Health Care, Diversified Industrial, Business Services, and Consumer Services accounts for the majority weightage.