Reaves Utilityome Fund (Reaves Utilityome Fund) Book Value per Share : $24.53 (As of Oct. 2023)

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What is Reaves Utilityome Fund Book Value per Share?

Reaves Utilityome Fund's book value per share for the quarter that ended in Oct. 2023 was $24.53.

During the past 12 months, Reaves Utilityome Fund's average Book Value Per Share Growth Rate was -11.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -7.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -5.70% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 0.20% 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 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Reaves Utilityome Fund was 11.30% per year. The lowest was -8.80% per year. And the median was 4.50% per year.

Reaves Utilityome Fund's current price is $26.33. Its book value per share for the quarter that ended in Oct. 2023 was $24.53. Hence, today's PB Ratio of Reaves Utilityome Fund is 1.07.

During the past 13 years, the highest P/B Ratio of Reaves Utilityome Fund was 1.18. The lowest was 0.61. And the median was 1.00.

Warning Sign:

Reaves Utility Income Fund stock PB Ratio (=1.07) is close to 10-year high of 1.18

Reaves Utilityome Fund Book Value per Share Historical Data

The historical data trend for Reaves Utilityome 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.

Reaves Utilityome Fund Book Value per Share Chart

Reaves Utilityome Fund Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Oct21

Oct22

Oct23

Book Value per Share

Get a 7-Day Free Trial

36.52

30.77

33.09

27.71

24.53

Reaves Utilityome Fund Semi-Annual Data
	Apr14	Oct14	Apr15	Oct15	Apr16	Oct16	Apr17	Oct17	Apr18	Oct18	Apr19	Oct19	Apr20	Oct20	Apr21	Oct21	Apr22	Oct22	Apr23	Oct23
Book Value per Share	Get a 7-Day Free Trial															33.09	32.96	27.71	28.89	24.53

Competitive Comparison of Reaves Utilityome Fund's Book Value per Share

For the Asset Management subindustry, Reaves Utilityome 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.

Reaves Utilityome Fund's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Reaves Utilityome Fund's PB Ratio falls into.

Reaves Utilityome Fund Book Value per Share Calculation

Reaves Utilityome Fund's Book Value Per Share for the fiscal year that ended in Oct. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(1,893.77	-	0.00)	/	77.20
	=	24.53

Reaves Utilityome Fund's Book Value Per Share for the quarter that ended in Oct. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(1,893.77	-	0.00)	/	77.20
	=	24.53

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.

Reaves Utilityome Fund (AMEX:UTG) 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.

Reaves Utilityome Fund Book Value per Share Related Terms

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Reaves Utilityome Fund (Reaves Utilityome Fund) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Reaves Utility Income Fund (AMEX:UTG) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

1700 Broadway, Suite 1230, Denver, CO, USA, 80290

Website

https://www.utilityincomefund.com

Reaves Utility Income Fund is a closed-end management investment company. The company's investment objective is to provide a high level of after-tax income and total return consisting of tax-advantaged dividend income and capital appreciation. It invests a portion of its total assets in securities of utility companies, which may include companies in the electric, gas, water, telecommunications sectors, as well as other companies engaged in other infrastructure operations.

Executives

Thomas Michael Grimes	other: Officer of Investment Advisor	C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Reaves W H & Co Inc	other: Officer of Investment Advisor	REAVES W H & CO INC, 10 EXCHANGE PLACE, JERSEY CITY NJ 07302
Rhame Joseph Burns Iii	other: Officer of Investment Advisor	C/O W.H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Christopher Moore	officer: Secretary	1700 BROADWAY, SUITE 1850, DENVER CO 80290
Jennell Panella	officer: Treasurer	1250 BROADWAY, SUITE 1000, DENVER CO 80203
Thomas W Harmke	officer: Officer of Investment Adviser	C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Sareena Khwaja-dixon	officer: Secretary	1290 BROADWAY, SUITE 1100, DENVER CO 80203
Erich Rettinger	officer: Treasurer	1290 BROADWAY SUITE 1100, DENVER CO 80203
Louis Francisco Cimino	other: Officer of Investment Adviser	C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Kelly Mcewen	officer: Treasurer	5050 S. SYRACUSE ST., SUITE 1100, DENVER CO 80237
Wilhelm Rowland Otto Jr	other: Officer of Investment Advisor	C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FL., JERSEY CITY NJ 07302
Ronald James Sorenson	other: Officer of Investment Adviser	C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
Jeremy O May	director	1700 BROADWAY, SUITE 1850, DENVER CO 80290
Brian Wallace Weeks	other: Officer of Investment Advisor	C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302
William Avrum Ferer	other: Officer of Investment Adviser	C/O W. H. REAVES & CO., INC., 10 EXCHANGE PLACE, 18TH FLOOR, JERSEY CITY NJ 07302