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Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Book Value per Share

: $7.70 (As of Aug. 2023)
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Invesco Highome 2024 Target Term's book value per share for the quarter that ended in Aug. 2023 was $7.70.

During the past 12 months, Invesco Highome 2024 Target Term's average Book Value Per Share Growth Rate was -12.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -2.80% 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 Invesco Highome 2024 Target Term was -1.80% per year. The lowest was -7.90% per year. And the median was -4.85% per year.

Invesco Highome 2024 Target Term's current price is $7.44. Its book value per share for the quarter that ended in Aug. 2023 was $7.70. Hence, today's PB Ratio of Invesco Highome 2024 Target Term is 0.89.

During the past 6 years, the highest P/B Ratio of Invesco Highome 2024 Target Term was 1.08. The lowest was 0.59. And the median was 0.92.


Invesco Highome 2024 Target Term Book Value per Share Historical Data

The historical data trend for Invesco Highome 2024 Target Term'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.

Invesco Highome 2024 Target Term Annual Data
Trend Feb18 Feb19 Feb20 Feb21 Feb22 Feb23
Book Value per Share
Premium Member Only 10.00 10.71 9.67 9.47 8.37

Invesco Highome 2024 Target Term Semi-Annual Data
Feb18 Aug18 Feb19 Aug19 Feb20 Aug20 Feb21 Aug21 Feb22 Aug22 Feb23 Aug23
Book Value per Share Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 9.85 9.47 8.84 8.37 7.70

Competitive Comparison

For the Asset Management subindustry, Invesco Highome 2024 Target Term'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.


Invesco Highome 2024 Target Term PB Ratio Distribution

For the Asset Management industry and Financial Services sector, Invesco Highome 2024 Target Term's PB Ratio distribution charts can be found below:

* The bar in red indicates where Invesco Highome 2024 Target Term's PB Ratio falls into.



Invesco Highome 2024 Target Term Book Value per Share Calculation

Invesco Highome 2024 Target Term's Book Value Per Share for the fiscal year that ended in Feb. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(73.50-0.00)/8.79
=8.37

Invesco Highome 2024 Target Term's Book Value Per Share for the quarter that ended in Aug. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(67.65-0.00)/8.79
=7.70

* 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.


Invesco Highome 2024 Target Term  (NYSE:IHTA) 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.


Invesco Highome 2024 Target Term Book Value per Share Related Terms

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Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Business Description

Traded in Other Exchanges
N/A
Address
1555 Peachtree Street, North East, Suite 1800, Atlanta, GA, USA, 30309
Invesco High Income 2024 Target Term is a non-diversified, closed-end management investment company. The investment objectives of the company are to provide a high level of current income and to return approximately $9.835 per share to common shareholders. The company invests in securities collateralized by loans secured by real properties and other real estate related debt securities.
Executives
Glenn Eugene Brightman officer: President & PEO 570 CARILLON PARKWAY, ST. PETERSBURG FL 33716
Stephanie Butcher officer: Senior Vice President 1555 PEACHTREE ST. NE, ATLANTA GA 30309
Tony Wong director, officer: Senior Vice President 1331 SPRING STREET NW, SUITE 2500, ATLANTA GA 30309
Melanie Ringold officer: SVP, CLO and Secretary 1555 PEACHTREE STREE NE, SUITE 1800, ATLANTA GA 30309
Mark William Gregson officer: Chief Accounting Officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309
Terry Vacheron officer: Chief Financial Officer 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Bordewick James R Jr officer: Senior Officer & SVP C/O BANC OF AMERICA INVESTMENT ADVISORS, 100 FEDERAL STREET, BOSTON MA 02110
Adrien Deberghes officer: Vice President,PFO & Treasurer 1555 PEACHTREE STREET NE SUITE 1800, ATLANTA GA 30309
Laura Allison Dukes officer: SMD and CFO 780 JOHNSON FERRY ROAD, SUITE 800, ATLANTA GA 30342
Robert C Troccoli other: Trustee 22 FOREST STREET, SCARBOROUGH ME 04074
Meadows Colin director 1360 PEACHTREE STREET, ATLANTA GA 30309
Kevin M Carome director
Annette Lege director, officer: CFO & CAO 1555 PEACHTREE ST. NE, SUITE 1800, ATLANTA GA 30309
Loren M Starr director
Todd F Kuehl officer: Chief Compliance officer 1555 PEACHTREE STREET NE, ATLANTA GA 30309

Invesco Highome 2024 Target Term (Invesco Highome 2024 Target Term) Headlines