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Neuberger Berman Next Generation Connectivity Fund (Neuberger Berman Next Generation Connectivity Fund) Book Value per Share : $11.92 (As of Oct. 2023)


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What is Neuberger Berman Next Generation Connectivity Fund Book Value per Share?

Neuberger Berman Next Generation Connectivity Fund's book value per share for the quarter that ended in Oct. 2023 was $11.92.

During the past 12 months, Neuberger Berman Next Generation Connectivity Fund's average Book Value Per Share Growth Rate was 2.10% 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.

Neuberger Berman Next Generation Connectivity Fund's current price is $12.13. Its book value per share for the quarter that ended in Oct. 2023 was $11.92. Hence, today's PB Ratio of Neuberger Berman Next Generation Connectivity Fund is 1.02.

During the past 3 years, the highest P/B Ratio of Neuberger Berman Next Generation Connectivity Fund was 1.03. The lowest was 0.77. And the median was 0.89.


Neuberger Berman Next Generation Connectivity Fund Book Value per Share Historical Data

The historical data trend for Neuberger Berman Next Generation Connectivity 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.

Neuberger Berman Next Generation Connectivity Fund Book Value per Share Chart

Neuberger Berman Next Generation Connectivity Fund Annual Data
Trend Oct21 Oct22 Oct23
Book Value per Share
20.92 11.68 11.92

Neuberger Berman Next Generation Connectivity Fund Semi-Annual Data
Apr22 Oct22 Apr23 Oct23
Book Value per Share 14.04 11.68 12.05 11.92

Competitive Comparison of Neuberger Berman Next Generation Connectivity Fund's Book Value per Share

For the Asset Management subindustry, Neuberger Berman Next Generation Connectivity 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.


Neuberger Berman Next Generation Connectivity Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Neuberger Berman Next Generation Connectivity Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Neuberger Berman Next Generation Connectivity Fund's PB Ratio falls into.



Neuberger Berman Next Generation Connectivity Fund Book Value per Share Calculation

Neuberger Berman Next Generation Connectivity Fund's Book Value Per Share for the fiscal year that ended in Oct. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(938.9-0.0)/78.8
=11.92

Neuberger Berman Next Generation Connectivity Fund's Book Value Per Share for the quarter that ended in Oct. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(938.9-0.0)/78.8
=11.92

* 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.


Neuberger Berman Next Generation Connectivity Fund  (NYSE:NBXG) 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.


Neuberger Berman Next Generation Connectivity Fund Book Value per Share Related Terms

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Neuberger Berman Next Generation Connectivity Fund (Neuberger Berman Next Generation Connectivity Fund) Business Description

Traded in Other Exchanges
N/A
Address
1290 Avenue of the Americas, New York, NY, USA, 10104-0002
Neuberger Berman Next Generation Connectivity Fund Inc. is a non-diversified, closed-end management investment company. The fund's investment objectives are to provide capital appreciation and income.
Executives
Franklyn E. Smith director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Ami Kaplan director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Martha Clark Goss director C/O OCWEN FINANCIAL CORPORATION, 1661 WORTHINGTON RD, SUITE 100, WEST PALM BEACH FL 33409
Michael M Knetter director C/O LEHMAN BROTHERS INC, 399 PARK AVENUE, NEW YORK NY 10022
Hari Ramanan other: Portfolio Manager C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Timothy Creedon other: Portfolio Manager C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Yan Taw Boon other: Portfolio Manager C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Candace L Straight director C/O MONTPELIER RE HOLDINGS LTD., 94 PITTS BAY ROAD, PEMBROKE D0 HM 08
Peter P Trapp director C/O NEUBERGER BERMAN MANAGEMENT INC, 605 THIRD AVENUE 2ND FLOOR, NEW YORK NY 10158-0180
Neuberger Berman Investment Advisers Llc other: Investment Adv 1290 AVENUE OF THE AMERICAS, 26TH FLOOR, NEW YORK NY 10104
Tom D Seip director PO BOX 9280, WALNUT CREEK CA 94598
John M Mcgovern officer: Treasurer 605 THIRD AVE, NEW YORK NY 10158-3698
George W Morriss director C/O NEUBERGER BERMAN INVESTMENT ADVISERS, 1290 AVENUE OF THE AMERICAS, NEW YORK NY 10104-0002
Joseph V Amato director 605 THIRD AVENUE, NEW YORK NY 10158-3698
Claudia A. Brandon officer: Executive Vice President 605 THIRD AVENUE, NEW YORK NY 10158-3698