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Sutor Technology Group Ltd (NAS:SUTR)
Book Value Per Share
\$5.78 (As of Dec. 2014)

Sutor Technology Group Ltd's book value per share for the quarter that ended in Dec. 2014 was \$5.78.

During the past 12 months, Sutor Technology Group Ltd's average Book Value Per Share Growth Rate was -4.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 7.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.40% per year.

During the past 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Sutor Technology Group Ltd was 370.60% per year. The lowest was 0.00% per year. And the median was 11.00% per year.

Sutor Technology Group Ltd's current price is \$0.65. Its book value per share for the quarter that ended in Dec. 2014 was \$5.78. Hence, today's P/B Ratio of Sutor Technology Group Ltd is 0.11.

During the past 12 years, the highest P/B Ratio of Sutor Technology Group Ltd was 3.92. The lowest was 0.08. And the median was 0.35.

Definition

Sutor Technology Group Ltd's Book Value Per Share for the fiscal year that ended in Jun. 2014 is calculated as:

 Book Value Per Share = (Total Equity - Preferred Stock) / Total Shares Outstanding = (245.2 - 0.0) / 41.7 = 5.89

Sutor Technology Group Ltd's Book Value Per Share for the quarter that ended in Dec. 2014 is calculated as:

 Book Value Per Share = (Total Equity - Preferred Stock) / Total Shares Outstanding = (240.8 - 0.0) / 41.7 = 5.78

* 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

Historical Data

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

Sutor Technology Group Ltd Annual Data

 Dec05 Dec06 Jun07 Jun08 Jun09 Jun10 Jun11 Jun12 Jun13 Jun14 Book Value Per Share 0.00 0.04 2.35 3.50 4.17 4.20 4.79 5.27 5.83 5.89

Sutor Technology Group Ltd Quarterly Data

 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Book Value Per Share 5.31 5.44 5.57 5.83 5.88 6.06 6.01 5.89 5.77 5.78
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