Thorney Opportunities (ASX:TOP) Book Value per Share: A$0.93 (As of Dec. 2025)


ASX:TOP Thorney Opportunities Ltd ASX:TOP
28 GF Score
Price A$0.55
GF Value A$0.96
Valuation Significantly Undervalued
! 1 Warning Sign
View Full Analysis

What is Thorney Opportunities Book Value per Share?

Thorney Opportunities ASX:TOP +1.85% 28 Book Value per Share is A$0.93 as of Dec. 2025. GuruFocus rates ASX:TOP with a GF Score™ of 28/100 and a GF Value™ of A$0.96 (Significantly Undervalued). The stock has 1 warning sign investors should review.

Thorney Opportunities's book value per share for the quarter that ended in Dec. 2025 was A$0.93.

During the past 12 months, Thorney Opportunities's average Book Value Per Share Growth Rate was 9.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 10.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.90% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% 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 Thorney Opportunities was 140.60% per year. The lowest was -65.20% per year. And the median was 3.00% per year.

Thorney Opportunities's current price is A$0.55. Its book value per share for the quarter that ended in Dec. 2025 was A$0.93. Hence, today's PB Ratio of Thorney Opportunities is 0.61.

During the past 13 years, the highest P/B Ratio of Thorney Opportunities was 1.23. The lowest was 0.44. And the median was 0.81.

Good Sign:

Thorney Opportunities Ltd stock PB Ratio (=0.58) is close to 5-year low of 0.55.


Thorney Opportunities  (ASX:TOP) 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.


Thorney Opportunities Book Value per Share Related Terms


Thorney Opportunities Book Value per Share Historical Data

* Premium members only.

The historical data trend for Thorney Opportunities'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.

Thorney Opportunities Book Value per Share Chart

Thorney Opportunities Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24 Jun25
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.70 0.66 0.70 0.87 0.90

Thorney Opportunities Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
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 0.76 0.87 0.85 0.90 0.93

ASX:TOP vs BLK, BX, KKR: Book Value per Share Comparison

For the Asset Management subindustry, Thorney Opportunities'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.


Thorney Opportunities PB Ratio vs Asset Management Industry

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

* The bar in red indicates where Thorney Opportunities's PB Ratio falls into.


ASX:TOP
28GF Score
Thorney Opportunities Ltd ASX:TOP
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Thorney Opportunities Book Value per Share Calculation

Thorney Opportunities's Book Value Per Share for the fiscal year that ended in Jun. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(158.09-0.00)/175.04
=0.90

Thorney Opportunities's Book Value Per Share for the quarter that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(159.23-0.00)/170.99
=0.93

* 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.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of A$0.93 mean?
Thorney Opportunities (ASX:TOP) has a Book Value per Share of A$0.93 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Thorney Opportunities and its competitors.
Is Thorney Opportunities' Book Value per Share too high?
Thorney Opportunities' current Book Value per Share is A$0.93. Overall, Thorney Opportunities has a GF Score™ of 28/100 and is considered Significantly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Thorney Opportunities' Book Value per Share compare to BLK and BX?
Thorney Opportunities' Book Value per Share of A$0.93 can be compared against companies in the Asset Management industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for an Asset Management company?
A good Book Value per Share depends on the Asset Management industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Thorney Opportunities and its competitors. Thorney Opportunities's current Book Value per Share is A$0.93. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Thorney Opportunities stock overvalued right now?
Based on GuruFocus' analysis, Thorney Opportunities (ASX:TOP) is currently considered Significantly Undervalued. The stock's GF Value™ is A$0.96, compared to a current price of A$0.55 — trading 42.7% below its estimated fair value. The current Book Value per Share is A$0.93. Thorney Opportunities' overall GF Score™ is 28/100 with 1 warning sign to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Thorney Opportunities (ASX:TOP), the current Book Value per Share is A$0.93 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Thorney Opportunities (ASX:TOP) Overvalued in 2026?

Based on GuruFocus' analysis, Thorney Opportunities stock appears to be undervalued. The current stock price of A$0.55 is trading 42.7% below its estimated GF Value™ of A$0.96. GuruFocus considers Thorney Opportunities to be Significantly Undervalued.

Key valuation signals for ASX:TOP:

  • Book Value per Share: A$0.93
  • GF Value™: A$0.96 vs. price of A$0.55 (42.7% below fair value)
  • GF Score™: 28/100 with 1 warning sign

No single metric tells the full story. See the ASX:TOP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


Thorney Opportunities Business Description

Address 55 Collins Street, Level 45, Melbourne, VIC, AUS, 3000
Thorney Opportunities Ltd is an investment company that concentrates on producing absolute returns for shareholders over the medium to long term. Its principal activity is making investments in listed and unlisted securities in a variety of sectors, including media, automotive, energy, and pharmaceutical.
28GF Score

Get the complete analysis for ASX:TOP

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

A$0.55
Price
A$0.96
GF Value