Heritage Global Book Value 2011-2026 | HGBL

Book value is a financial metric that reflects the value of a company's assets minus its liabilities as of a specific date, according to accounting records. In simple terms, it is the amount that would remain for the owners of the company if all assets were sold and all debts paid off.

What is included in book value

Assets — all company resources: real estate, equipment, inventory, cash, accounts receivable, and others.
Liabilities — all debts and financial obligations: loans, accounts payable, taxes, and other obligations.

Features of the metric

Assessment of the company's "real" value
Book value shows how much the company is worth according to accounting data, that is, the value of its property taking debts into account.
Comparison with market capitalization
Comparing book value and the market price of shares helps to understand whether the company is overvalued or undervalued by the market.
Indicator of financial stability
If the book value is high, it indicates the company has significant assets, which reduces risks for investors.
Key component for financial ratios
Many metrics, such as the price-to-book ratio (P/B), use book value to analyze the attractiveness of shares.

Annual Book Value Heritage Global

2023	2022	2021	2020	2019	2018	2017	2016	2015	2014	2013	2012	2011
61.1 M	48.3 M	32.6 M	29.9 M	11.8 M	7.6 M	3.49 M	3.49 M	3.39 M	13.5 M	39.5 M	46 M	42.9 M

All numbers in USD currency

Indicator range from annual reports

Maximum	Minimum	Average
61.1 M	3.39 M	26.4 M

Quarterly Book Value Heritage Global

2025-Q3	2025-Q2	2025-Q1	2024-Q4	2024-Q3	2024-Q2	2024-Q1	2023-Q4	2023-Q3	2023-Q2	2023-Q1	2022-Q4	2022-Q3	2022-Q2	2022-Q1	2021-Q4	2021-Q3	2021-Q2	2021-Q1	2020-Q4	2020-Q3	2020-Q2	2020-Q1	2019-Q4	2019-Q3	2019-Q2	2019-Q1	2018-Q4	2018-Q3	2018-Q2	2018-Q1	2017-Q4	2017-Q3	2017-Q2	2017-Q1	2016-Q4	2016-Q3	2016-Q2	2016-Q1	2015-Q4	2015-Q3	2015-Q2	2015-Q1	2014-Q4	2014-Q3	2014-Q2	2014-Q1	2013-Q4	2013-Q3	2013-Q2	2013-Q1	2012-Q4	2012-Q3	2012-Q2	2012-Q1	2011-Q4	2011-Q3	2011-Q2	2011-Q1
66.5 M	65.7 M	65.4 M	65.2 M	66.1 M	65.8 M	-	61.1 M	56.4 M	54.2 M	51.2 M	48.3 M	38.3 M	36 M	33.4 M	32.6 M	31.6 M	31 M	30.9 M	29.9 M	29.9 M	29.9 M	29.9 M	11.8 M	11.8 M	11.8 M	11.8 M	7.6 M	7.6 M	7.6 M	7.6 M	3.49 M	3.49 M	3.49 M	3.49 M	3.49 M	3.49 M	3.49 M	3.49 M	3.39 M	3.39 M	3.39 M	3.39 M	13.5 M	13.5 M	13.5 M	13.5 M	39.5 M	39.5 M	39.5 M	39.5 M	46 M	46 M	46 M	46 M	42.9 M	42.9 M	42.9 M	42.9 M

All numbers in USD currency

Indicator range from quarterly reporting

Maximum	Minimum	Average
66.5 M	3.39 M	29.4 M

Book Value of other stocks in the Capital markets industry

Issuer	Book Value	Price	% 24h	Market Cap	Country
A-Mark Precious Metals AMRK	662 M	-	-	$ 675 M	USA
Mercurity Fintech Holding MFH	24.1 M	-	2.62 %	$ 691 M	China
ATIF Holdings Limited ATIF	1.75 M	-	-7.31 %	$ 6.56 M	China
MarketAxess Holdings MKTX	1.16 B	$ 168.03	0.89 %	$ 6.23 B	USA
Focus Financial Partners FOCS	1.3 B	-	-	$ 4.16 B	USA
Donnelley Financial Solutions DFIN	379 M	$ 46.45	-0.09 %	$ 1.28 B	USA
Moelis & Company MC	459 M	$ 55.52	2.6 %	$ 4.31 B	USA
Evercore EVR	2.32 B	$ 286.04	2.73 %	$ 11.1 B	USA
AMTD International Inc. HKIB	2.61 B	-	1.56 %	$ 798 M	Hong-kong
JMP Group LLC JMP	224 M	-	0.27 %	$ 150 M	USA
China Finance Online Co. Limited JRJC	294 B	-	-1.71 %	$ 15.5 M	China
National Holdings Corporation NHLD	192 M	-	-	$ 44.7 M	USA
BGC Partners BGCP	1.15 B	-	1.37 %	$ 1.69 B	USA
Morgan Stanley MS	113 B	$ 168.23	1.46 %	$ 265 B	USA
Hudson Capital HUSN	-655 K	-	5.06 %	$ 12 M	China
StoneX Group SNEX	2.38 B	$ 75.72	2.19 %	$ 3.59 B	USA
Nomura Holdings NMR	3.58 T	$ 8.04	2.42 %	$ 23.8 q	Japan
Piper Sandler Companies PIPR	1.58 B	$ 75.93	2.75 %	$ 1.28 B	USA
Freedom Holding Corp. FRHC	1.21 B	$ 142.8	-	$ 8.48 B	Kazakhstan
Oppenheimer Holdings OPY	850 M	$ 87.5	1.41 %	$ 906 M	USA
Interactive Brokers Group IBKR	16.6 B	$ 68.59	3.74 %	$ 7.42 B	USA
The Charles Schwab Corporation SCHW	49.4 B	$ 96.18	0.5 %	$ 174 B	USA
PJT Partners PJT	760 M	$ 135.54	1.98 %	$ 5.34 B	USA
Cowen COWN	1.35 B	-	-	$ 1.1 B	USA
LPL Financial Holdings LPLA	5.34 B	$ 306.39	2.07 %	$ 24.1 B	USA
Raymond James Financial RJF	12.5 B	$ 146.76	0.95 %	$ 29.6 B	USA
Scully Royalty Ltd. SRL	310 M	$ 7.71	-	$ 89.1 M	Canada
GAMCO Investors GBL	93.9 M	-	-8.2 %	$ 390 M	USA
Tradeweb Markets TW	7.19 B	$ 121.97	-1.11 %	$ 26 B	USA
Greenhill & Co. GHL	81 M	-	-0.13 %	$ 272 M	USA
UP Fintech Holding Limited TIGR	662 M	$ 6.79	1.42 %	$ 16.3 B	China
Houlihan Lokey HLI	2.17 B	$ 141.71	2.02 %	$ 9.31 B	USA
The Goldman Sachs Group GS	125 B	$ 850.35	1.74 %	$ 266 B	USA
Stifel Financial Corp. SF	5.98 B	$ 73.33	1.71 %	$ 7.59 B	USA
XP XP	20 B	$ 20.17	4.94 %	$ 13.8 B	Brasil
Virtu Financial VIRT	1.97 B	$ 43.88	1.25 %	$ 3.74 B	USA
Westwood Holdings Group WHG	127 M	$ 15.77	-3.07 %	$ 132 M	USA
Associated Capital Group AC	913 M	-	-8.02 %	$ 673 K	USA
Futu Holdings Limited FUTU	28 B	$ 142.5	1.58 %	$ 157 B	China
Lazard Ltd LAZ	989 M	$ 40.73	3.24 %	$ 3.97 B	Bermuda