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General American Investors Company (General American Investors Company) Book Value per Share : $51.96 (As of Dec. 2023)


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What is General American Investors Company Book Value per Share?

General American Investors Company's book value per share for the quarter that ended in Dec. 2023 was $51.96.

During the past 12 months, General American Investors Company's average Book Value Per Share Growth Rate was 19.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 5.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 6.50% 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 8 years, the highest 3-Year average Book Value Per Share Growth Rate of General American Investors Company was 15.10% per year. The lowest was -0.20% per year. And the median was 5.20% per year.

General American Investors Company's current price is $46.325. Its book value per share for the quarter that ended in Dec. 2023 was $51.96. Hence, today's PB Ratio of General American Investors Company is 0.89.

During the past 8 years, the highest P/B Ratio of General American Investors Company was 1.11. The lowest was 0.57. And the median was 0.88.

Good Sign:

General American Investors Company Inc stock PB Ratio (=0.89) is close to 1-year low of 0.81


General American Investors Company Book Value per Share Historical Data

The historical data trend for General American Investors Company'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.

General American Investors Company Book Value per Share Chart

General American Investors Company Annual Data
Trend Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial 43.70 44.00 52.59 43.42 51.96

General American Investors Company Semi-Annual Data
Dec16 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 52.59 42.03 43.42 50.48 51.96

Competitive Comparison of General American Investors Company's Book Value per Share

For the Asset Management subindustry, General American Investors Company'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.


General American Investors Company's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, General American Investors Company's PB Ratio distribution charts can be found below:

* The bar in red indicates where General American Investors Company's PB Ratio falls into.



General American Investors Company Book Value per Share Calculation

General American Investors Company's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,423.1-190.0)/23.7
=51.96

General American Investors Company's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(1,423.1-190.0)/23.7
=51.96

* 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.


General American Investors Company  (NYSE:GAM) 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.


General American Investors Company Book Value per Share Related Terms

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General American Investors Company (General American Investors Company) Business Description

Traded in Other Exchanges
N/A
Address
530 Fifth Avenue, 26th Floor, New York, NY, USA, 10036
General American Investors Company Inc is a closed-end, diversified management investment company. The primary investment objective of the company is long-term capital appreciation through investment in companies with above-average growth potential. It focuses on equity securities with growth potential at reasonable valuations.
Executives
Anang K. Majmudar officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Jeffrey W Priest officer: President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Eugene S Stark officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Savannah Sachs director 530 FIFTH AVE, 26TH FL, NEW YORK NY 10036
Rodney B Berens director C/O KEYSTONE PROPERTY TRUST, 200 FOUR FALLS CORP. CENTER SUITE 208, WEST CONSHOHOCKEN PA 19428
Liron Kronzon officer: Vice-President GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE - 26 FL, NEW YORK NY 10036
Samantha X. Jin officer: Treasurer 530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Santa Maria Connie A. officer: Assistant Corporate Secretary GENERAL AMERICAN INVESTORS COMPANY, INC., 530 FIFTH AVE 26TH FLOOR, NEW YORK NY 10036
Spencer Davidson director, officer: President & CEO GENERAL AMERICAN INVESTORS CO INC, 530 FIFTH AVE - 26TH FLOOR, NEW YORK NY 10036
Trust F B O Altschul Emily H U A D 1 9 67 officer: Trustee/President & CEO - GAM
Trust Fbo Altschul Serena Uad 12 15 72 officer: Trustee/President & CEO - GAM C/O OVERBROOK MANAGEMENT CORP, 122 EAST 42ND STREET SUITE 2500, NEW YORK NY 10168-2500
Trust F B O Altschul Stephen F U A D 10 22 58 officer: Trustee/Pres. & CEO - GAM
Rose Peabody Lynch director C/O STEVEN MADDEN, LTD., 52-16 BARNETT AVENUE, LONG ISLAND CITY NY 11104
Altschul Arthur G Jr director C/O OVERBROOK MANAGEMENT CORP, 122 E. 42ND STREET, SUITE 2500, NEW YORK NY 10168
Trust Fbo Serena Vr Altschul Uad 5/22/71 other: Trustee is a GAM Director C/O OVERBROOK MANAGEMENT CORP, 122 EAST 42ND STREET SUITE 2500, NEW YORK NY 10168-2500