CPZ (Calamos L/S Equity & Dynamic Trust) Book Value per Share: $15.24 (As of Apr. 2026)

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CPZ Calamos L/S Equity & Dynamic Inc Trust CPZ
32 GF Score
Price $13.36
GF Value $1.41
Valuation Significantly Overvalued
! 4 Warning Signs
View Full Analysis

What is Calamos L/S Equity & Dynamic Trust Book Value per Share?

Calamos L/S Equity & Dynamic Trust CPZ -0.26% 32 Book Value per Share is $15.24 as of Apr. 2026. GuruFocus rates CPZ with a GF Score™ of 32/100 and a GF Value™ of $1.41 (Significantly Overvalued). The stock has 4 warning signs investors should review.

Calamos L/S Equity & Dynamic Trust's book value per share for the quarter that ended in Apr. 2026 was $15.24.

During the past 12 months, Calamos L/S Equity & Dynamic Trust's average Book Value Per Share Growth Rate was -9.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.90% 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 Calamos L/S Equity & Dynamic Trust was 16.50% per year. The lowest was -6.60% per year. And the median was -1.80% per year.

Calamos L/S Equity & Dynamic Trust's current price is $13.36. Its book value per share for the quarter that ended in Apr. 2026 was $15.24. Hence, today's PB Ratio of Calamos L/S Equity & Dynamic Trust is 0.48.

During the past 6 years, the highest P/B Ratio of Calamos L/S Equity & Dynamic Trust was 1.22. The lowest was 0.46. And the median was 0.89.

Warning Sign:

Calamos L/S Equity & Dynamic Inc Trust stock PB Ratio (=0.88) is close to 3-year high of 0.95.


Calamos L/S Equity & Dynamic Trust  (NAS:CPZ) 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.


Calamos L/S Equity & Dynamic Trust Book Value per Share Related Terms


Calamos L/S Equity & Dynamic Trust Book Value per Share Historical Data

* Premium members only.

The historical data trend for Calamos L/S Equity & Dynamic Trust'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.

Calamos L/S Equity & Dynamic Trust Book Value per Share Chart

Calamos L/S Equity & Dynamic Trust Annual Data
Trend Oct20 Oct21 Oct22 Oct23 Oct24 Oct25
Book Value per Share
Get a 7-Day Free Trial 21.52 17.66 16.54 17.53 27.90

Calamos L/S Equity & Dynamic Trust Semi-Annual Data
Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23 Apr24 Oct24 Apr25 Oct25 Apr26
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 17.93 17.53 16.85 27.90 15.24

CPZ vs NHS, JRS, NUW: Book Value per Share Comparison

For the Asset Management subindustry, Calamos L/S Equity & Dynamic Trust'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.


Calamos L/S Equity & Dynamic Trust PB Ratio vs Asset Management Industry

For the Asset Management industry and Financial Services sector, Calamos L/S Equity & Dynamic Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Calamos L/S Equity & Dynamic Trust's PB Ratio falls into.


CPZ
32GF Score
Calamos L/S Equity & Dynamic Inc Trust CPZ
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

Calamos L/S Equity & Dynamic Trust Book Value per Share Calculation

Calamos L/S Equity & Dynamic Trust's Book Value Per Share for the fiscal year that ended in Oct. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(547.68-0.00)/19.63
=27.90

Calamos L/S Equity & Dynamic Trust's Book Value Per Share for the quarter that ended in Apr. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(299.20-0.00)/19.63
=15.24

* 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 $15.24 mean?
Calamos L/S Equity & Dynamic Trust (CPZ) has a Book Value per Share of $15.24 as of Apr. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Calamos L/S Equity & Dynamic Trust and its competitors.
Is Calamos L/S Equity & Dynamic Trust's Book Value per Share too high?
Calamos L/S Equity & Dynamic Trust's current Book Value per Share is $15.24. Overall, Calamos L/S Equity & Dynamic Trust has a GF Score™ of 32/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Calamos L/S Equity & Dynamic Trust's Book Value per Share compare to NHS and JRS?
Calamos L/S Equity & Dynamic Trust's Book Value per Share of $15.24 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 Calamos L/S Equity & Dynamic Trust and its competitors. Calamos L/S Equity & Dynamic Trust's current Book Value per Share is $15.24. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Calamos L/S Equity & Dynamic Trust stock overvalued right now?
Based on GuruFocus' analysis, Calamos L/S Equity & Dynamic Trust (CPZ) is currently considered Significantly Overvalued. The stock's GF Value™ is $1.41, compared to a current price of $13.36 — trading 847.5% above its estimated fair value. The current Book Value per Share is $15.24. Calamos L/S Equity & Dynamic Trust's overall GF Score™ is 32/100 with 4 warning signs 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 Calamos L/S Equity & Dynamic Trust (CPZ), the current Book Value per Share is $15.24 as of Apr. 2026. 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 Calamos L/S Equity & Dynamic Trust (CPZ) Overvalued in 2026?

Based on GuruFocus' analysis, Calamos L/S Equity & Dynamic Trust stock appears to be overvalued. The current stock price of $13.36 is trading 847.5% above its estimated GF Value™ of $1.41. GuruFocus considers Calamos L/S Equity & Dynamic Trust to be Significantly Overvalued.

Key valuation signals for CPZ:

  • Book Value per Share: $15.24
  • GF Value™: $1.41 vs. price of $13.36 (847.5% above fair value)
  • GF Score™: 32/100 with 4 warning signs

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


Calamos L/S Equity & Dynamic Trust Business Description

Address 2020 Calamos Court, Naperville, IL, USA, 60563-2787
Calamos L/S Equity & Dynamic Inc Trust is a trust company that seeks to provide current income and risk-managed capital appreciation, with an investment objective to deliver total return through a combination of capital appreciation and current income. The Fund invests in securities across sectors such as Industrials, Healthcare, Financials, Consumer Discretionary, and others, and holds securities with a broad range of maturities, with the average term to maturity typically ranging from two to ten years. Managed assets represent the Fund's total assets, including any assets attributable to leverage that may be outstanding, minus total liabilities other than debt representing financial leverage.
32GF Score

Get the complete analysis for CPZ

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

$13.36
Price
$1.41
GF Value