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Blackstone Strategic Credit Fund (Blackstone Strategic Credit Fund) Book Value per Share : $12.66 (As of Dec. 2023)


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What is Blackstone Strategic Credit Fund Book Value per Share?

Blackstone Strategic Credit Fund's book value per share for the quarter that ended in Dec. 2023 was $12.66.

During the past 12 months, Blackstone Strategic Credit Fund's average Book Value Per Share Growth Rate was 4.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -4.60% 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 7 years, the highest 3-Year average Book Value Per Share Growth Rate of Blackstone Strategic Credit Fund was -1.90% per year. The lowest was -7.50% per year. And the median was -4.65% per year.

Blackstone Strategic Credit Fund's current price is $12.12. Its book value per share for the quarter that ended in Dec. 2023 was $12.66. Hence, today's PB Ratio of Blackstone Strategic Credit Fund is 0.96.

During the past 7 years, the highest P/B Ratio of Blackstone Strategic Credit Fund was 0.99. The lowest was 0.64. And the median was 0.92.

Good Sign:

Blackstone Strategic Credit Fund stock PB Ratio (=0.95) is close to 1-year low of 0.87


Blackstone Strategic Credit Fund Book Value per Share Historical Data

The historical data trend for Blackstone Strategic Credit Fund'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.

Blackstone Strategic Credit Fund Book Value per Share Chart

Blackstone Strategic Credit Fund Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial 15.25 14.19 14.44 12.07 12.66

Blackstone Strategic Credit Fund Semi-Annual Data
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 14.44 12.50 12.07 12.39 12.66

Competitive Comparison of Blackstone Strategic Credit Fund's Book Value per Share

For the Asset Management subindustry, Blackstone Strategic Credit Fund'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.


Blackstone Strategic Credit Fund's PB Ratio Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Blackstone Strategic Credit Fund's PB Ratio distribution charts can be found below:

* The bar in red indicates where Blackstone Strategic Credit Fund's PB Ratio falls into.



Blackstone Strategic Credit Fund Book Value per Share Calculation

Blackstone Strategic Credit Fund'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)
=(565.47-0.00)/44.66
=12.66

Blackstone Strategic Credit Fund'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)
=(565.47-0.00)/44.66
=12.66

* 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.


Blackstone Strategic Credit Fund  (NYSE:BGB) 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.


Blackstone Strategic Credit Fund Book Value per Share Related Terms

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Blackstone Strategic Credit Fund (Blackstone Strategic Credit Fund) Business Description

Traded in Other Exchanges
N/A
Address
345 Park Avenue, 31st Floor, New York, NY, USA, 10154
Blackstone Strategic Credit Fund is a closed-end term fund. Its primary investment objective is to seek high current income. The secondary objective of the fund is to seek the preservation of capital. It invests primarily in diversified portfolios or loans and other fixed-income instruments of predominantly US Corporate issuers, including first? and second?lien loans (Senior Secured Loans) and high-yield corporate bonds of varying maturities.
Executives
Gordon Mckemie other: Portfolio Manager C/O GSO CAPITAL PARTNERS LP, 345 PARK AVENUE, NEW YORK NY 10154
Valerie Naratil officer: Public Relations Officer 345 PARK AVENUE, NEW YORK NY 10154
Metlife Investment Management, Llc 10 percent owner ONE METLIFE WAY, WHIPPANY NJ 07981
William J Renahan officer: Chief Compliance Officer 399 PARK AVENUE, 4TH FLOOR, NEW YORK NY 10022
Gregory Roppa officer: CFO & Treasurer 601 LEXINGTON AVENUE, NEW YORK NY 10022
Jane Siebels director 345 PARK AVENUE, 31ST FLOOR, NEW YORK NY 10154
Robert Post other: Portfolio Manager C/O GSO/BLACKSTONE DEBT FUNDS MGMT, LLC, 345 PARK AVE 31ST FLOOR, NEW YORK NY 10154
Robert W Busch officer: CFO & Treasurer C/O HPS INVESTMENT PARTNERS, LLC, 40 WEST 57TH STREET, 33RD FLOOR, NEW YORK NY 10019
Robert Zable other: Portfolio Mngr,Mbr of Inv.Comm 1290 BROADWAY, SUITE 1100, DENVER CO 80203
Voya Financial, Inc. 10 percent owner 230 PARK AVENUE, NEW YORK NY 10169
Lion Connecticut Holdings Inc. 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095
Ing Usa Annuity & Life Insurance Co 10 percent owner 699 WALNUT STREET, SUITE 1350, DE MOINES IA 50309-3942
Ing Life Insurance & Annuity Co 10 percent owner ONE ORANGE WAY, WINDSOR CT 06095-4774
Sun Life Financial Inc 10 percent owner SUN LIFE ASSURANCE CO OF CANADA, ONE YORK STREET, TORONTO A6 M5J 0B6
Sun Life Assurance Co Of Canada 10 percent owner ONE YORK STREET, TORONTO A6 M5J 0B6

Blackstone Strategic Credit Fund (Blackstone Strategic Credit Fund) Headlines