GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » John Hancock Hedged Equity & Income Fund (NYSE:HEQ) » Definitions » Book Value per Share

John Hancock Hedged Equity &ome Fund (John Hancock Hedged Equity &ome Fund) Book Value per Share : $11.62 (As of Dec. 2023)


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

What is John Hancock Hedged Equity &ome Fund Book Value per Share?

John Hancock Hedged Equity &ome Fund's book value per share for the quarter that ended in Dec. 2023 was $11.62.

During the past 12 months, John Hancock Hedged Equity &ome Fund's average Book Value Per Share Growth Rate was -1.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.00% 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 7 years, the highest 3-Year average Book Value Per Share Growth Rate of John Hancock Hedged Equity &ome Fund was -3.10% per year. The lowest was -10.20% per year. And the median was -5.45% per year.

John Hancock Hedged Equity &ome Fund's current price is $9.94. Its book value per share for the quarter that ended in Dec. 2023 was $11.62. Hence, today's PB Ratio of John Hancock Hedged Equity &ome Fund is 0.86.

During the past 7 years, the highest P/B Ratio of John Hancock Hedged Equity &ome Fund was 1.07. The lowest was 0.59. And the median was 0.94.

Good Sign:

John Hancock Hedged Equity & Income Fund stock PB Ratio (=0.86) is close to 3-year low of 0.79


John Hancock Hedged Equity &ome Fund Book Value per Share Historical Data

The historical data trend for John Hancock Hedged Equity &ome Fund'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.

John Hancock Hedged Equity &ome Fund Book Value per Share Chart

John Hancock Hedged Equity &ome Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial 14.85 12.76 13.04 11.74 11.62

John Hancock Hedged Equity &ome Fund Semi-Annual Data
Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 13.04 11.90 11.74 11.47 11.62

Competitive Comparison of John Hancock Hedged Equity &ome Fund's Book Value per Share

For the Asset Management subindustry, John Hancock Hedged Equity &ome Fund'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.


John Hancock Hedged Equity &ome Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, John Hancock Hedged Equity &ome Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where John Hancock Hedged Equity &ome Fund's PB Ratio falls into.



John Hancock Hedged Equity &ome Fund Book Value per Share Calculation

John Hancock Hedged Equity &ome Fund'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)
=(141.14-0.00)/12.15
=11.61

John Hancock Hedged Equity &ome Fund'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)
=(141.14-0.00)/12.15
=11.61

* 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.


John Hancock Hedged Equity &ome Fund  (NYSE:HEQ) 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.


John Hancock Hedged Equity &ome Fund Book Value per Share Related Terms

Thank you for viewing the detailed overview of John Hancock Hedged Equity &ome Fund's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


John Hancock Hedged Equity &ome Fund (John Hancock Hedged Equity &ome Fund) Business Description

Traded in Other Exchanges
N/A
Address
200 Berkeley Street, Boston, MA, USA, 02116
John Hancock Hedged Equity & Income Fund is a closed-end management investment company. Its investment objective is to provide total return with a focus on current income and gains and also consisting of long-term capital appreciation. It invests in various sectors such as financials, consumer discretionary, information technology, energy, healthcare, materials, real estate, consumer staples, short-term investments, and others.
Executives
Dean Garfield director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Noni L Ellison director TRACTOR SUPPLY, 5401 VIRGINIA WAY, BRENTWOOD TN 37027
Andy Mcfetridge officer: Director of the Adviser 200 BERKELEY STREET, BOSTON MA 02116
Kristie Feinberg officer: President & CEO of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Lucinda M. Marrs officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
Jennifer N Berg officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
York Lo officer: Vice President, Investments C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Kathryn Hayes other: Filer and Employee of the Fund C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Patricia Lizarraga director C/O JOHN, 200 BERKELEY STREET, BOSTON MA 02116
Paul Lorentz director C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Arthur Pigott officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Glen J Gibbons officer: VP of the Adviser C/O JOHN HANCOCK, 200 BERKELEY STREET, BOSTON MA 02116
Eunhak Bae officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
Gillian M Edgeworth officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210
Daniel J Pozen officer: Officer of Investment Adviser 280 CONGRESS STREET, BOSTON MA 02210

John Hancock Hedged Equity &ome Fund (John Hancock Hedged Equity &ome Fund) Headlines

From GuruFocus

JOHN HANCOCK CLOSED-END FUNDS DECLARE QUARTERLY DISTRIBUTIONS

By PRNewswire PRNewswire 06-22-2022

JOHN HANCOCK CLOSED-END FUNDS DECLARE QUARTERLY DISTRIBUTIONS

By PRNewswire PRNewswire 06-02-2022