GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » National Investment Trust Ltd (XMAU:NIT) » Definitions » Book Value per Share

National Investment Trust (XMAU:NIT) Book Value per Share : MUR39.35 (As of Mar. 2024)


View and export this data going back to 1993. Start your Free Trial

What is National Investment Trust Book Value per Share?

National Investment Trust's book value per share for the quarter that ended in Mar. 2024 was MUR39.35.

During the past 12 months, National Investment Trust's average Book Value Per Share Growth Rate was -14.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 3.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.40% 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 13 years, the highest 3-Year average Book Value Per Share Growth Rate of National Investment Trust was 13.20% per year. The lowest was -2.10% per year. And the median was 3.30% per year.

National Investment Trust's current price is MUR9.00. Its book value per share for the quarter that ended in Mar. 2024 was MUR39.35. Hence, today's PB Ratio of National Investment Trust is 0.23.

During the past 13 years, the highest P/B Ratio of National Investment Trust was 44.16. The lowest was 0.23. And the median was 0.69.

Good Sign:

National Investment Trust Ltd stock PB Ratio (=0.24) is close to 10-year low of 0.24


National Investment Trust Book Value per Share Historical Data

The historical data trend for National Investment 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.

* Premium members only.

National Investment Trust Book Value per Share Chart

National Investment Trust Annual Data
Trend Jun14 Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 37.89 40.53 45.54 46.16 37.99

National Investment Trust Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 46.17 37.99 37.77 0.39 39.35

Competitive Comparison of National Investment Trust's Book Value per Share

For the Asset Management subindustry, National Investment 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.


National Investment Trust's PB Ratio Distribution in the Asset Management Industry

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

* The bar in red indicates where National Investment Trust's PB Ratio falls into.



National Investment Trust Book Value per Share Calculation

National Investment Trust's Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,041.15-0.00)/27.41
=37.99

National Investment Trust's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,078.71-0.00)/27.41
=39.35

* 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.


National Investment Trust  (XMAU:NIT) 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.


National Investment Trust Book Value per Share Related Terms

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


National Investment Trust (XMAU:NIT) Business Description

Traded in Other Exchanges
N/A
Address
Sir William Newton Street, Level 8, Newton Tower, Port Louis, MUS, 11328
National Investment Trust Ltd is a closed-end fund. It invests in shares and securities in both the local and international markets. The investment objective of the NIT Local Equity Fund is to produce both income and capital growth from a diversified portfolio of domestic securities. The company has eight Funds under namely, the NIT Local Equity Fund, NIT Global Opportunities Fund, NIT North America Fund, NIT Europe Fund, NIT Emerging Markets Fund, NIT Global Healthcare Fund, NIT Global Bond Fund and the NIT Global Value.

National Investment Trust (XMAU:NIT) Headlines

No Headlines