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Greenway Medical Technologies Inc (NYSE:GWAY)
Book Value Per Share
$3.41 (As of Jun. 2013)

Greenway Medical Technologies Inc's book value per share for the quarter that ended in Jun. 2013 was $3.41.

As of today, Greenway Medical Technologies Inc's share price is $20.41. Greenway Medical Technologies Inc's Book Value per Share for the fiscal year that ended in Jun. 2013 was $3.41. Hence, Greenway Medical Technologies Inc's P/B Ratio of today is 5.99.


Definition

Greenway Medical Technologies Inc's Book Value Per Share for the fiscal year that ended in Jun. 2013 is calculated as:

Book Value Per Share=(Total Equity-Preferred Stock)/Total Shares Outstanding
=(101.6-0.0)/29.8
=3.41

Greenway Medical Technologies Inc's Book Value Per Share for the quarter that ended in Jun. 2013 is calculated as:

Book Value Per Share=(Total Equity-Preferred Stock)/Total Shares Outstanding
=(101.6-0.0)/29.8
=3.41

* All numbers are in millions except for per share data and ratio. All numbers are in their own 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.

Book value may include intangible items which may come from the company’s past acquisitions. Book value less intangibles is called Tangible Book.


Explanation

Usually a company’s book value and Tangible Book Value 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.


Related Terms

Total Equity, Preferred Stock, Total Shares Outstanding, Tangible Book Value per Share


Historical Data

* All numbers are in millions except for per share data and ratio. All numbers are in their own currency.

Greenway Medical Technologies Inc Annual Data

Jun09Jun10Jun11Jun12Jun13
Book Value Per Share 0.000.000.000.000.000.000.00-8.593.393.41

Greenway Medical Technologies Inc Quarterly Data

Mar11Jun11Sep11Dec11Mar12Jun12Sep12Dec12Mar13Jun13
Book Value Per Share -7.51-8.551.67-3.183.293.393.453.463.493.41
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