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Virtus Investment Partners (Virtus Investment Partners) Book Value per Share : $121.89 (As of Dec. 2023)


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What is Virtus Investment Partners Book Value per Share?

Virtus Investment Partners's book value per share for the quarter that ended in Dec. 2023 was $121.89.

During the past 12 months, Virtus Investment Partners's average Book Value Per Share Growth Rate was 7.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 9.10% 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 Virtus Investment Partners was 179.20% per year. The lowest was -58.50% per year. And the median was 11.10% per year.

Virtus Investment Partners's current price is $226.85. Its book value per share for the quarter that ended in Dec. 2023 was $121.89. Hence, today's PB Ratio of Virtus Investment Partners is 1.86.

During the past 13 years, the highest P/B Ratio of Virtus Investment Partners was 7.88. The lowest was 0.76. And the median was 1.82.


Virtus Investment Partners Book Value per Share Historical Data

The historical data trend for Virtus Investment Partners'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.

Virtus Investment Partners Book Value per Share Chart

Virtus Investment Partners Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 82.95 93.78 110.35 113.77 121.89

Virtus Investment Partners Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 113.77 114.97 117.37 120.02 121.89

Competitive Comparison of Virtus Investment Partners's Book Value per Share

For the Asset Management subindustry, Virtus Investment Partners'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.


Virtus Investment Partners's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Virtus Investment Partners's PB Ratio falls into.



Virtus Investment Partners Book Value per Share Calculation

Virtus Investment Partners'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)
=(863.9-0.0)/7.1
=121.89

Virtus Investment Partners'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)
=(863.9-0.0)/7.1
=121.89

* 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.


Virtus Investment Partners  (NYSE:VRTS) 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.


Virtus Investment Partners Book Value per Share Related Terms

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Virtus Investment Partners (Virtus Investment Partners) Business Description

Traded in Other Exchanges
N/A
Address
One Financial Plaza, Hartford, CT, USA, 06103
Virtus Investment Partners Inc provides investment management and related services to individuals and institutions. Its retail products include open-end mutual funds, closed-end funds, exchange-traded funds, and variable insurance funds. Geographically, the activities are carried out through the region of the US and the group generates revenue through investment management fees, distribution and service fees and administration and shareholder service fees.
Executives
W Howard Morris director 1538 STRATHCONA, DETROIT MI 48203
Mardelle W Pena officer: EVP, Human Resources C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Barry M. Mandinach officer: EVP, Head of Distribution 1285 AVENUE OF THE AMERICAS, NEW YORK NY 10019
Bradley William Patrick Iii officer: EVP, Fund Services C/O VIRTUS INVESTMENT PARTNERS, INC., 56 PROSPECT STREET, HARTFORD CT 06115
Stephen T Zarrilli director FIBERLINK COMMUNICATIONS CORP., 794 PENLLYN PIKE, BLUE BELL PA 19422
Richard W Smirl officer: EVP & Chief Operating Officer C/O VIRTUS INVESTMENT PARTNERS, INC., ONE FINANCIAL PLAZA, HARTFORD CT 06103
Francis G Waltman officer: EVP, Product Management C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Mark C Treanor director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Peter L Bain director LEGG MASON INC, 100 LIGHT ST, BALTIMORE MD 21202
Paul G Greig director III CASCADE PLAZA, AKRON OH 44308
Wendy J Hills officer: EVP, CLO & General Counsel 6300 LAMAR AVENUE, OVERLAND PARK KS 66202
James R Baio director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Timothy A Holt director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103
Melody L Jones director T ROWE PRICE GROUP INC, 100 E PRATT ST, BALTIMORE MD 21202
Susan S. Fleming director C/O VIRTUS INVESTMENT PARTNERS, INC., 100 PEARL STREET, HARTFORD CT 06103