GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » GlassBridge Enterprises Inc (OTCPK:GLAE) » Definitions » Book Value per Share

GlassBridge Enterprises (GlassBridge Enterprises) Book Value per Share : $230.43 (As of Sep. 2023)


View and export this data going back to 1996. Start your Free Trial

What is GlassBridge Enterprises Book Value per Share?

GlassBridge Enterprises's book value per share for the quarter that ended in Sep. 2023 was $230.43.

During the past 12 months, GlassBridge Enterprises's average Book Value Per Share Growth Rate was -40.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.90% 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 GlassBridge Enterprises was 16.90% per year. The lowest was -59.30% per year. And the median was -1.40% per year.

GlassBridge Enterprises's current price is $20.00. Its book value per share for the quarter that ended in Sep. 2023 was $230.43. Hence, today's PB Ratio of GlassBridge Enterprises is 0.09.

During the past 13 years, the highest P/B Ratio of GlassBridge Enterprises was 14.27. The lowest was 0.01. And the median was 0.37.


GlassBridge Enterprises Book Value per Share Historical Data

The historical data trend for GlassBridge Enterprises'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.

GlassBridge Enterprises Book Value per Share Chart

GlassBridge Enterprises Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -760.78 226.46 -1,203.81 480.73 361.54

GlassBridge Enterprises Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 389.35 361.54 317.84 274.14 230.43

Competitive Comparison of GlassBridge Enterprises's Book Value per Share

For the Asset Management subindustry, GlassBridge Enterprises'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.


GlassBridge Enterprises's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where GlassBridge Enterprises's PB Ratio falls into.



GlassBridge Enterprises Book Value per Share Calculation

GlassBridge Enterprises's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(9.10-0.00)/0.03
=361.54

GlassBridge Enterprises's Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(5.80-0.00)/0.03
=230.43

* 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.


GlassBridge Enterprises  (OTCPK:GLAE) 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.


GlassBridge Enterprises Book Value per Share Related Terms

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


GlassBridge Enterprises (GlassBridge Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
18 East 50th Street, FL7, New York, NY, USA, 10022
GlassBridge Enterprises Inc is a holding company in the United States. It is involved in the asset management business that comprises investment advisory services to third-party investors through managed funds, as well as separately managed accounts. The firm operates in two segments: Asset Management Business, through AAM, and a sports investment platform, through SportBLX-both owned by Adara.
Executives
Tacora Capital Lp 10 percent owner 2505 PECOS STREET, AUSTIN TX 78703
Keri Findley director, 10 percent owner 214 BRAZILIAN AVENUE, SUITE 200-A, PALM BEACH FL 33480
Claire Councill director 214 BRAZILIAN AVENUE, SUITE 200-A, PALM BEACH FL 33480
Clinton Group Inc director, other: See remarks 510 MADISON AVE, 8TH FL, NEW YORK NY 10022
Robert Searing director 19 DUCHARME LANE, GREENLAWN NY 11740
George E. Hall director C/O CLINTON GROUP INC, 510 MADISON AVE., 8TH FLOOR, NEW YORK NY 10022
De Perio Joseph A director C/O OVERLAND STORAGE, INC., 9112 SPECTRUM CENTER BLVD, SAN DIEGO CA 92123
Danny Zheng officer: Chief Financial Officer 1099 HELMO AVE. N., SUITE 250, OAKDALE MN 55128
Daniel Strauss officer: Chief Operating Officer C/O CLINTON GROUP, INC, 9 WEST 57TH STREET, NEW YORK NY 10019
Robert G Torricelli director 1099 HELMO AVE., N., SUITE 250, OAKDALE MN 55128
Tavis J. Morello officer: General Counsel 1099 HELMO AVE., N., SUITE 250, OAKDALE MN 55128
Clinton Special Opportunities Master Fund Ltd. director, other: See remarks C/O CLINTON GROUP INC., 510 MADISON AVE, 8TH FL, NEW YORK NY 10022
Alex Spiro director 25 TUDOR CITY PLACE APT 1011, NEW YORK NY 10017
Donald H Putnam director
Tracy B Mckibben director 100 RIVERSIDE BOULEVARD, #3S, NEW YORK NY 10069

GlassBridge Enterprises (GlassBridge Enterprises) Headlines

From GuruFocus

Imation Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 11-04-2010

Weekly CFO Buys Highlights

By Myra Ramdenbourg Myra Ramdenbourg 04-04-2017

Imation Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 08-06-2010

Imation (IMN) Worth More Sold Than Alone

By Amit Chokshi Amit Chokshi 11-30-2011

Investment Thesis for Imation Corp.

By guruek Saj Karsan 11-09-2009

Imation Corp. Reports Operating Results (10-Q)

By gurufocus 10qk 11-05-2009

GlassBridge Announces Divestiture of Nexsan Business

By PRNewswire PRNewswire 08-21-2018