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Prestige Wealth (Prestige Wealth) Book Value per Share : $0.68 (As of Sep. 2023)


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What is Prestige Wealth Book Value per Share?

Prestige Wealth's book value per share for the quarter that ended in Sep. 2023 was $0.68.

During the past 12 months, Prestige Wealth's average Book Value Per Share Growth Rate was 13.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.10% 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.

During the past 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Prestige Wealth was 4.10% per year. The lowest was 4.10% per year. And the median was 4.10% per year.

Prestige Wealth's current price is $1.05. Its book value per share for the quarter that ended in Sep. 2023 was $0.68. Hence, today's PB Ratio of Prestige Wealth is 1.55.

During the past 4 years, the highest P/B Ratio of Prestige Wealth was 31.92. The lowest was 1.51. And the median was 3.11.

Good Sign:

Prestige Wealth Inc stock PB Ratio (=1.67) is close to 1-year low of 1.51


Prestige Wealth Book Value per Share Historical Data

The historical data trend for Prestige Wealth'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.

Prestige Wealth Book Value per Share Chart

Prestige Wealth Annual Data
Trend Sep20 Sep21 Sep22 Sep23
Book Value per Share
0.60 0.45 0.60 0.68

Prestige Wealth Semi-Annual Data
Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
Book Value per Share Get a 7-Day Free Trial 0.45 0.67 0.60 0.63 0.68

Competitive Comparison of Prestige Wealth's Book Value per Share

For the Asset Management subindustry, Prestige Wealth'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.


Prestige Wealth's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where Prestige Wealth's PB Ratio falls into.



Prestige Wealth Book Value per Share Calculation

Prestige Wealth's Book Value Per Share for the fiscal year that ended in Sep. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(6.18-0.00)/9.15
=0.68

Prestige Wealth's Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(6.18-0.00)/9.15
=0.68

* 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.


Prestige Wealth  (NAS:PWM) 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.


Prestige Wealth Book Value per Share Related Terms

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Prestige Wealth (Prestige Wealth) Business Description

Traded in Other Exchanges
N/A
Address
2 Queen’s Road Central, Suite 5102, 51th Floor, Cheung Kong Center, Hong Kong, HKG
Prestige Wealth Inc is engaged in providing private wealth management services and asset management to high-net-worth and ultra-high-net-worth individuals and enterprises through its subsidiaries.

Prestige Wealth (Prestige Wealth) Headlines