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Alliancebernstein Glb High Fund (Alliancebernstein Glb High Fund) Book Value per Share : $10.53 (As of Sep. 2023)


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What is Alliancebernstein Glb High Fund Book Value per Share?

Alliancebernstein Glb High Fund's book value per share for the quarter that ended in Sep. 2023 was $10.53.

During the past 12 months, Alliancebernstein Glb High Fund's average Book Value Per Share Growth Rate was 4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -0.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -3.60% 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 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Alliancebernstein Glb High Fund was -0.60% per year. The lowest was -2.50% per year. And the median was -1.90% per year.

Alliancebernstein Glb High Fund's current price is $10.34. Its book value per share for the quarter that ended in Sep. 2023 was $10.53. Hence, today's PB Ratio of Alliancebernstein Glb High Fund is 0.98.

During the past 6 years, the highest P/B Ratio of Alliancebernstein Glb High Fund was 1.11. The lowest was 0.68. And the median was 0.92.


Alliancebernstein Glb High Fund Book Value per Share Historical Data

The historical data trend for Alliancebernstein Glb High 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.

Alliancebernstein Glb High Fund Book Value per Share Chart

Alliancebernstein Glb High Fund Annual Data
Trend Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Book Value per Share
Get a 7-Day Free Trial 12.95 10.74 12.78 12.02 10.56

Alliancebernstein Glb High Fund Semi-Annual Data
Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 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 12.98 12.02 10.12 10.56 10.53

Competitive Comparison of Alliancebernstein Glb High Fund's Book Value per Share

For the Asset Management subindustry, Alliancebernstein Glb High 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.


Alliancebernstein Glb High Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Alliancebernstein Glb High Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Alliancebernstein Glb High Fund's PB Ratio falls into.



Alliancebernstein Glb High Fund Book Value per Share Calculation

Alliancebernstein Glb High Fund's Book Value Per Share for the fiscal year that ended in Mar. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(910.9-0.0)/86.2
=10.56

Alliancebernstein Glb High Fund'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)
=(907.7-0.0)/86.2
=10.53

* 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.


Alliancebernstein Glb High Fund  (NYSE:AWF) 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.


Alliancebernstein Glb High Fund Book Value per Share Related Terms

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Alliancebernstein Glb High Fund (Alliancebernstein Glb High Fund) Business Description

Traded in Other Exchanges
N/A
Address
1345 Avenue of the Americas, New York, NY, USA, 10105
Alliancebernstein Glb High Inc Fund Inc is a United States-based diversified, closed-end management investment company. Its primary investment objective is to seek high current income, and secondarily, capital appreciation. The fund invests in the debt securities, including Sovereign Debt Obligations and corporate debt, denominated in non-U.S. currencies as well as in the U.S. Dollar. It may invest without limit in emerging and developed markets and debt securities of U.S. and non-U.S. corporate issuers.
Executives
Gershon M Distenfeld officer: Vice President C/O ALLIANCE CAPITAL MANAGEMENT CORP., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
William Walsh Smith officer: VP & Portfolio Manager 501 COMMERCE STREET, NASHVILLE TN 37203
Fahd Malik officer: VP & Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Christian Diclementi officer: VP & Portfolio Manager 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Joan M Lammtennant other: Director of Fund's Adviser 40 WANTAGE AVE, BRANCHVILLE NJ 07890
Todd Walthall other: Director of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Seth P Bernstein other: Pres, CEO & Dir, Fund's Advsr C/O ALLIANCEBERNSTEIN HOLDING, L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Onur Erzan director, officer: President & CEO C/O ALLIANCE BERNSTEIN L.P., 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jeanette W Loeb director 895 PARK AVENUE, NEW YORK NY 10075
Ali Dibadj other: CFO of Fund's Adviser C/O JANUS HENDERSON GROUP, 151 DETROIT STREET, DENVER CO 80206
Karl Sprules other: Head GTO of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Jorge A. Bermudez director CORPORATE LAW DEPT., CITIGROUP INC., 425 PARK AVENUE, NEW YORK NY 10043
Bertram L Scott other: Director of Fund's Adviser C/O BECTON DICKERSON & CO, 1 BECTON DR, FRANKLIN LAKES NJ 07417
Douglas J Peebles officer: Portfolio Manager C/O ALLIANCE CAPITAL MANAGEMENT COR, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
Nella Domenici other: Director of Fund's Adviser C/O ALLIANCEBERNSTEIN, 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105