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Mexico Equity andome Fund (Mexico Equity andome Fund) Book Value per Share : $15.05 (As of Jan. 2024)


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What is Mexico Equity andome Fund Book Value per Share?

Mexico Equity andome Fund's book value per share for the quarter that ended in Jan. 2024 was $15.05.

During the past 12 months, Mexico Equity andome Fund's average Book Value Per Share Growth Rate was 11.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 18.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.50% 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 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Mexico Equity andome Fund was 18.10% per year. The lowest was -12.90% per year. And the median was -1.90% per year.

Mexico Equity andome Fund's current price is $11.0499. Its book value per share for the quarter that ended in Jan. 2024 was $15.05. Hence, today's PB Ratio of Mexico Equity andome Fund is 0.74.

During the past 8 years, the highest P/B Ratio of Mexico Equity andome Fund was 1.37. The lowest was 0.53. And the median was 0.82.


Mexico Equity andome Fund Book Value per Share Historical Data

The historical data trend for Mexico Equity andome 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.

Mexico Equity andome Fund Book Value per Share Chart

Mexico Equity andome Fund Annual Data
Trend Jul16 Jul17 Jul18 Jul19 Jul20 Jul21 Jul22 Jul23
Book Value per Share
Get a 7-Day Free Trial 11.03 9.05 14.43 10.43 14.90

Mexico Equity andome Fund Semi-Annual Data
Jul16 Jul17 Jan18 Jul18 Jan19 Jul19 Jan20 Jul20 Jan21 Jul21 Jan22 Jul22 Jan23 Jul23 Jan24
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 10.81 10.43 13.46 14.90 15.05

Competitive Comparison of Mexico Equity andome Fund's Book Value per Share

For the Asset Management subindustry, Mexico Equity andome 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.


Mexico Equity andome Fund's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Mexico Equity andome Fund's PB Ratio falls into.



Mexico Equity andome Fund Book Value per Share Calculation

Mexico Equity andome Fund's Book Value Per Share for the fiscal year that ended in Jul. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(65.56-0.00)/4.40
=14.90

Mexico Equity andome Fund's Book Value Per Share for the quarter that ended in Jan. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(66.21-0.00)/4.40
=15.05

* 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.


Mexico Equity andome Fund  (NYSE:MXE) 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.


Mexico Equity andome Fund Book Value per Share Related Terms

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Mexico Equity andome Fund (Mexico Equity andome Fund) Business Description

Traded in Other Exchanges
N/A
Address
615 East Michigan Street, Milwaukee, WI, USA, 53202
Mexico Equity and Income Fund Inc is a closed-end, non-diversified management investment company. It maintains an investment objective of long-term capital appreciation through investments in securities, primarily equity, listed on the Mexican Stock Exchange. The company provides a vehicle to investors who wish to invest in Mexican companies through a managed non-diversified portfolio as part of their overall investment program.
Executives
Rajeev P Das director 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Richard Leo Abraham director 143 COLFAX ROAD, HAVERTOWN PA 19083
Stephanie Darling officer: Chief Compliance Officer 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Phillip Goldstein director 60 HERITAGE DRIVE, PLEASANTVILLE NY 10570
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Andrew Dakos director 250 PEHLE AVE., SUITE 708, SADDLE BROOK NJ 07663
Glenn Goodstein director C/O THE MEXICO EQUITY AND INCOME FUND, 615 EAST MICHIGAN STREET, 2ND FLOOR, MILWAUKEE WI 53202
Maria Eugenia Pichardo director, officer: President C/O PICHARDO ASSET MANAGEMENT, PASEO DE TAMARINDOS 45-201, BOSQUES DE LAS LOMAS O5 DF 05120
Bank Ag\ Deutsche 10 percent owner TAUNUSANLAGE 12 D-60325, FRANKFURT AM MAIN 2M 00000

Mexico Equity andome Fund (Mexico Equity andome Fund) Headlines

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