Gabelli Equity Trust (Gabelli Equity Trust) 3-Year Book Growth Rate : -4.00% (As of Dec. 2023)

View and export this data going back to 2012. Start your Free Trial

What is Gabelli Equity Trust 3-Year Book Growth Rate?

Gabelli Equity Trust's Book Value per Share for the quarter that ended in Dec. 2023 was $0.00.

During the past 12 months, Gabelli Equity Trust's average Book Value per Share Growth Rate was 2.10% per year. During the past 3 years, the average Book Value per Share Growth Rate was -4.00% per year. During the past 5 years, the average Book Value per Share Growth Rate was -1.20% 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 average Book Value per Share growth rate.

During the past 8 years, the highest 3-Year average Book Value per Share Growth Rate of Gabelli Equity Trust was 6.90% per year. The lowest was -4.80% per year. And the median was -3.30% per year.

Competitive Comparison of Gabelli Equity Trust's 3-Year Book Growth Rate

For the Asset Management subindustry, Gabelli Equity Trust's 3-Year Book Growth Rate, along with its competitors' market caps and 3-Year Book Growth Rate 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.

Gabelli Equity Trust's 3-Year Book Growth Rate Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Gabelli Equity Trust's 3-Year Book Growth Rate distribution charts can be found below:

* The bar in red indicates where Gabelli Equity Trust's 3-Year Book Growth Rate falls into.

Gabelli Equity Trust 3-Year Book Growth Rate Calculation

This is the 3-year average growth rate of Book Value per Share. The growth rate is calculated using exponential compounding based on the latest four year annual data.

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 average Book Value per Share growth rate.

Gabelli Equity Trust (NYSE:GABpH.PFD) 3-Year Book Growth Rate Explanation

Book Value per Share is the ratio of equity available to common shareholders divided by the shares outstanding. Book value per share effectively indicates a firm's net asset value on a per-share basis. It can be used by investors to gauge whether a stock price is undervalued by comparing it to the firm's market value per share. Theoretically, it is what the shareholders will receive if the company is liquidated.

Gabelli Equity Trust 3-Year Book Growth Rate Related Terms

Thank you for viewing the detailed overview of Gabelli Equity Trust's 3-Year Book Growth Rate provided by GuruFocus.com. Please click on the following links to see related term pages.

Gabelli Equity Trust (Gabelli Equity Trust) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Gabelli Equity Trust Inc (NYSE:GABpH.PFD) » Definitions » 3-Year Book Growth Rate

Comparable Companies

Traded in Other Exchanges

GABpK.PFD:USA GABpG.PFD:USA GAB:USA

Address

One Corporate Center, Rye, NY, USA, 10580-1422

Website

https://www.gabelli.com

Gabelli Equity Trust Inc is a non-diversified closed-end management investment company. Its primary investment objective is long-term growth of capital with income as a secondary objective. The Fund invests at least 80% of its assets in equity securities under normal market conditions. Its equity portfolio includes common stock, preferred stock, convertible or exchangeable securities, and warrants and rights to purchase such securities selected by the Investment Adviser. The company invests in various sectors, of which Food & Beverage, Financial Services, Equipment and Supplies, Entertainment, Consumer Products, Health Care, Diversified Industrial, Business Services, and Consumer Services accounts for the majority weightage.