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CI Investment Grade Bond ETF (TSX:FIG) Book Value per Share : C$11.02 (As of Dec. 2015)


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What is CI Investment Grade Bond ETF Book Value per Share?

CI Investment Grade Bond ETF's book value per share for the quarter that ended in Dec. 2015 was C$11.02.

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.

CI Investment Grade Bond ETF's current price is C$9.35. Its book value per share for the quarter that ended in Dec. 2015 was C$11.02. Hence, today's PB Ratio of CI Investment Grade Bond ETF is 0.85.


CI Investment Grade Bond ETF Book Value per Share Historical Data

The historical data trend for CI Investment Grade Bond ETF'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.

CI Investment Grade Bond ETF Book Value per Share Chart

CI Investment Grade Bond ETF Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15
Book Value per Share
Get a 7-Day Free Trial 11.33 12.31 7.96 7.69 11.02

CI Investment Grade Bond ETF Semi-Annual Data
Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13 Jun14 Dec14 Jun15 Dec15
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only 7.96 11.80 7.69 11.47 11.02

Competitive Comparison of CI Investment Grade Bond ETF's Book Value per Share

For the Asset Management subindustry, CI Investment Grade Bond ETF'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.


CI Investment Grade Bond ETF's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, CI Investment Grade Bond ETF's PB Ratio distribution charts can be found below:

* The bar in red indicates where CI Investment Grade Bond ETF's PB Ratio falls into.



CI Investment Grade Bond ETF Book Value per Share Calculation

CI Investment Grade Bond ETF's Book Value Per Share for the fiscal year that ended in Dec. 2015 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(124.58-0.00)/11.31
=11.02

CI Investment Grade Bond ETF's Book Value Per Share for the quarter that ended in Dec. 2015 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(124.58-0.00)/11.31
=11.02

* 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.


CI Investment Grade Bond ETF  (TSX:FIG) 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.


CI Investment Grade Bond ETF Book Value per Share Related Terms

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


CI Investment Grade Bond ETF (TSX:FIG) Business Description

Traded in Other Exchanges
N/A
Address
Marret Investment Grade Bond Fund is a closed-end investment fund. Its investment objective is to provide holders of units with attractive monthly tax advantaged cash distributions and to maximize the total return for unitholders.

CI Investment Grade Bond ETF (TSX:FIG) Headlines

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