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Morgan Stanley Emerging Markets Fund (Morgan Stanley Emerging Markets Fund) Tangible Book per Share : $18.51 (As of Jun. 2018)


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What is Morgan Stanley Emerging Markets Fund Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Morgan Stanley Emerging Markets Fund's tangible book value per share for the quarter that ended in Jun. 2018 was $18.51.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Morgan Stanley Emerging Markets Fund Tangible Book per Share Historical Data

The historical data trend for Morgan Stanley Emerging Markets Fund's Tangible Book 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.

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Morgan Stanley Emerging Markets Fund Tangible Book per Share Chart

Morgan Stanley Emerging Markets Fund Annual Data
Trend Dec17
Tangible Book per Share
20.40

Morgan Stanley Emerging Markets Fund Semi-Annual Data
Dec17 Jun18
Tangible Book per Share 20.40 18.51

Competitive Comparison of Morgan Stanley Emerging Markets Fund's Tangible Book per Share

For the Asset Management subindustry, Morgan Stanley Emerging Markets Fund's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book 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.


Morgan Stanley Emerging Markets Fund's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Morgan Stanley Emerging Markets Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Morgan Stanley Emerging Markets Fund's Price-to-Tangible-Book falls into.



Morgan Stanley Emerging Markets Fund Tangible Book per Share Calculation

Morgan Stanley Emerging Markets Fund's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2017 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(285.579-0-0)/14
=20.40

Morgan Stanley Emerging Markets Fund's Tangible Book Value Per Share for the quarter that ended in Jun. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(251.293-0-0)/13.58
=18.50

* 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 equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Morgan Stanley Emerging Markets Fund  (NYSE:MSF) Tangible Book 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.


Morgan Stanley Emerging Markets Fund Tangible Book per Share Related Terms

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Morgan Stanley Emerging Markets Fund (Morgan Stanley Emerging Markets Fund) Business Description

Traded in Other Exchanges
N/A
Address
Morgan Stanley Emerging Markets Fund Inc is a diversified, closed-end management investment company. Its investment objective is long-term capital appreciation through investments primarily in emerging country equity securities.
Executives
Amay Ashok Hattangadi officer: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
City Of London Investment Group Plc 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
May Yu other: Portfolio Manager MORGAN STANLEY INVESTMENT MANAGEMENT INC, 522 5TH AVENUE, NEW YORK X1 10036
City Of London Investment Management Co Ltd 10 percent owner 77 GRACECHURCH STREET, LONDON X0 EC3V0AS
Patricia A Maleski director C/O J P MORGAN INVESTMENT MANAGEMENT INC, 522 FIFTH AVENUE, NEW YORK NY 10036
Timothy J Knierim officer: CCO 100 MULBERRY STREET, NEWARK NJ 07102
Nancy Everett director 1812 PARK AVE, RICHMOND VA 23220
Jakki L. Haussler director 221 EAST FOURTH STREET, CINCINNATI OH 45202
Joseph C Benedetti officer: Vice President C/O INVESCO, 225 LIBERTY STREET, NEW YORK NY 10281
John H Gernon officer: Principle Executive Officer 522 5TH AVENUE, NEW YORK NY 10036
Gaite Ali other: Portfolio Manager 522 5TH AVENUE, NEW YORK NY 10036
Munib Mohammad Madni other: Portfolio Manager MORGAN STANLEY INVESTMENT MANAGEMENT, 522 FIFTH AVENUE, NEW YORK NY 10036
Samuel Gene Rhee other: Portfolio Manager 522 FIFTH AVENUE 19TH FLOOR, NEW YORK NY 10036
Arthur Jason Lev officer: President and PEO 522 5TH AVENUE, NEW YORK NY 10036
Eric J Carlson other: Portofolio Manager MORGAN STANLEY INVESTMENT MANAGEMENT, 522 5TH AVENUE, FLOOR 20, NEW YORK NY 10036

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