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Bancroft Fund (Bancroft Fund) Book Value per Share : $15.01 (As of Oct. 2022)


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What is Bancroft Fund Book Value per Share?

Bancroft Fund's book value per share for the quarter that ended in Oct. 2022 was $15.01.

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.

Bancroft Fund's current price is $15.07. Its book value per share for the quarter that ended in Oct. 2022 was $15.01. Hence, today's PB Ratio of Bancroft Fund is 0.55.


Bancroft Fund Book Value per Share Historical Data

The historical data trend for Bancroft 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.

Bancroft Fund Book Value per Share Chart

Bancroft Fund Annual Data
Trend Oct12 Oct13 Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.53 18.36 20.21 23.20 27.65

Bancroft Fund Semi-Annual Data
Apr13 Oct13 Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22
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 23.20 27.34 27.65 18.25 15.01

Competitive Comparison of Bancroft Fund's Book Value per Share

For the Asset Management subindustry, Bancroft 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.


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

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

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



Bancroft Fund Book Value per Share Calculation

Bancroft Fund's Book Value Per Share for the fiscal year that ended in Oct. 2021 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(182.54-30.00)/5.52
=27.64

Bancroft Fund's Book Value Per Share for the quarter that ended in Oct. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(117.64-30.00)/5.84
=15.01

* 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.


Bancroft Fund  (AMEX:BCV) 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.


Bancroft Fund Book Value per Share Related Terms

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


Bancroft Fund (Bancroft Fund) Business Description

Traded in Other Exchanges
Address
One Corporate Center, Rye, New York, NY, USA, 10580-1422
Bancroft Fund Ltd is a diversified closed-end management company. It operates as a closed-ended equity mutual fund. The funds' main objective is to provide income and potential for capital appreciation. With the intent to achieve its objective, the company invests in convertible and equity securities. It invests across different industries such as Computer Software and Services, Energy and Utilities, Health Care among others.
Executives
Mario J Gabelli director, other: Control Person of Adviser 191 MASON STREET, GREENWICH CT 06830
Anthonie C Vanekris director ONE CORPORATE CENTER, RYE NY 10580
Peter D. Goldstein officer: Secretary 249 ROYAL PALM WAY, SUITE 503, PALM BEACH FL 33480
Kinchen C Bizzell director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Kuni Nakamura director 1 MARTIN BUTLER COURT, RYE NY 10580
John Chester Ball officer: Treasurer 800 CONNECTICUT AVENUE, NORWALK CT 06854
Jane D Okeeffe director, officer: President C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVE, MORRISTOWN NJ 07960
James P Conn director
Mercedes A Pierre other: former Vice President and CCO C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Michael J Melarkey director ONE CORPORATE CENTER, RYE NY 10580
Agnes Mullady officer: Treasurer ONE CORPORATE CENTER, RYE NY 10580
Fahrenkopf Frank J Jr director ONE CORPORATE CENTER, RYE NY 10580
James Andrew Dinsmore officer: Vice President C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960
Germaine M Ortiz officer: Vice President C/O DINSMORE CAPITAL MANAGEMENT, 65 MADISON AVE, MORRISTOWN NJ 07960
Peter M Finnican other: Adviser's Marketing Director C/O DINSMORE CAPITAL MANAGEMENT CO., 65 MADISON AVENUE, SUITE 550, MORRISTOWN NJ 07960

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