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Korea Fund (Korea Fund) Book Value per Share : $28.37 (As of Dec. 2023)


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What is Korea Fund Book Value per Share?

Korea Fund's book value per share for the quarter that ended in Dec. 2023 was $28.37.

During the past 12 months, Korea Fund's average Book Value Per Share Growth Rate was 14.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -5.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.10% 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 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Korea Fund was 8.70% per year. The lowest was -5.20% per year. And the median was -4.50% per year.

Korea Fund's current price is $23.62. Its book value per share for the quarter that ended in Dec. 2023 was $28.37. Hence, today's PB Ratio of Korea Fund is 0.89.

During the past 6 years, the highest P/B Ratio of Korea Fund was 1.50. The lowest was 0.45. And the median was 0.83.


Korea Fund Book Value per Share Historical Data

The historical data trend for Korea 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.

Korea Fund Book Value per Share Chart

Korea Fund Annual Data
Trend Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Book Value per Share
Get a 7-Day Free Trial 32.78 31.09 54.37 28.54 26.52

Korea 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 39.44 28.54 24.71 26.52 28.37

Competitive Comparison of Korea Fund's Book Value per Share

For the Asset Management subindustry, Korea 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.


Korea Fund's PB Ratio Distribution in the Asset Management Industry

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

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



Korea Fund Book Value per Share Calculation

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

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(130.72-0.00)/4.93
=26.52

Korea 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)
=(138.37-0.00)/4.88
=28.37

* 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.


Korea Fund  (NYSE:KF) 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.


Korea Fund Book Value per Share Related Terms

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


Korea Fund (Korea Fund) Business Description

Traded in Other Exchanges
N/A
Address
60 Victoria Embankment, London, GBR, EC4Y 0JP
Korea Fund Inc is a closed-end, non-diversified management investment company. Its investment objective is to seek long-term capital appreciation through investment in securities, equity securities, of Korean companies. Its portfolio consists of the different sectors such as the auto components, banks, beverages, chemicals, aerospace and defense, insurance, machinery, and others.
Executives
Yan Hu director 60 VICTORIA EMBANKMENT, LONDON X0 EC4Y 0JP
Simon James Crinage officer: See Remarks 60 VICTORIA EMBANKMENT, LONDON X0 EC4Y 0JP
Stephen M Ungerman officer: Chief Compliance Officer 270 PARK AVENUE, NEW YORK NY 10017
Neil S Martin officer: See Remarks 60 VICTORIA EMBANKMENT, LONDON X0 EC4Y0JP
Jpmorgan Asset Management (asia Pacific) Ltd other: See Explanation of Response 8 CONNAUGHT ROAD CENTRAL, 21ST FLOOR, CHATER HOUSE, HONG KONG K3 999077
Ayaz Hatim Ebrahim other: See Explanation of Response 21/F CHATER HOUSE, 8 CONNAUGHT ROAD CENTRAL, HONG KONG K3 852
Carmine Lekstutis officer: Chief Legal Officer 4 NEW YORK PLAZA, FLOOR 19, NEW YORK NY 10004
Paul Francis Winship officer: Vice President & Secretary 60 VICTORIA EMBANKMENT, LONDON X0 EC4Y OJP
John Wonki Cho other: See Explanation of Response 21/F CHATER HOUSE, 8 CONNAUGHT ROAD, CENTRAL K3 HK
Matthew J Sippel director 1633 BROADWAY, NEW YORK NY 10019
Chung Jun Yun other: Portfolio Manager 1633 BROADWAY, NEW YORK NY 10019
Gem Pushpaharan other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
John Viggiano other: Affiliated Person 1633 BROADWAY, NEW YORK NY 10019
Angela Borreggine officer: CLO and Secretary C/O ALLIANZ GLOBAL INVESTORS U.S. LLC, 1633 BROADWAY, NEW YORK NY 10019
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS