Luna Innovations's book value per share for the quarter that ended in Sep. 2023 was $2.79.
During the past 12 months, Luna Innovations's average Book Value Per Share Growth Rate was 4.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 7.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.20% 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 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Luna Innovations was 39.50% per year. The lowest was -24.40% per year. And the median was 12.05% per year.
Luna Innovations's current price is $1.99. Its book value per share for the quarter that ended in Sep. 2023 was $2.79. Hence, today's PB Ratio of Luna Innovations is 0.71.
During the past 13 years, the highest P/B Ratio of Luna Innovations was 5.14. The lowest was 0.64. And the median was 1.74.
Good Sign:
Luna Innovations Inc stock PB Ratio (=0.71) is close to 10-year low of 0.64
Luna Innovations Book Value per Share Historical Data
The historical data trend for Luna Innovations'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.
Competitive Comparison of Luna Innovations's Book Value per Share
For the Scientific & Technical Instruments subindustry, Luna Innovations'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.
Luna Innovations's PB Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Luna Innovations's PB Ratio distribution charts can be found below:
* The bar in red indicates where Luna Innovations's PB Ratio falls into.
Luna Innovations Book Value per Share Calculation
Luna Innovations's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Luna Innovations (NAS:LUNA) 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.
Luna Innovations Book Value per Share Related Terms
Thank you for viewing the detailed overview of Luna Innovations's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Luna Innovations (Luna Innovations) Business Description
Luna Innovations Inc is engaged in optical technology, providing high-performance fiber optic test, measurement, and control products for the telecommunications, and photonics industries, and distributed fiber optic sensing solutions that measure and monitor materials and structures for applications in aerospace, automotive, oil, and gas, security, and infrastructure. Its Lightwave segment develops, manufactures, and markets optical measurements technologies like Sensing including short, medium, and long-range distributed fiber optic sensing solutions and Terahertz measurement products, and Communications test and photonic control including test equipment for communications devices and networks and specialty laser and photonic components. It derives a majority of its revenue from the U.S.
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