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Speedway Motorsports (Speedway Motorsports) Book Value per Share : $23.22 (As of Jun. 2019)


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What is Speedway Motorsports Book Value per Share?

Speedway Motorsports's book value per share for the quarter that ended in Jun. 2019 was $23.22.

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.

Speedway Motorsports's current price is $19.78. Its book value per share for the quarter that ended in Jun. 2019 was $23.22. Hence, today's PB Ratio of Speedway Motorsports is 0.85.


Speedway Motorsports Book Value per Share Historical Data

The historical data trend for Speedway Motorsports'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.

Speedway Motorsports Book Value per Share Chart

Speedway Motorsports Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 20.51 19.03 19.41 22.42 22.88

Speedway Motorsports Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 22.85 23.32 22.88 22.94 23.22

Competitive Comparison of Speedway Motorsports's Book Value per Share

For the Leisure subindustry, Speedway Motorsports'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.


Speedway Motorsports's PB Ratio Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Speedway Motorsports's PB Ratio distribution charts can be found below:

* The bar in red indicates where Speedway Motorsports's PB Ratio falls into.



Speedway Motorsports Book Value per Share Calculation

Speedway Motorsports's Book Value Per Share for the fiscal year that ended in Dec. 2018 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(934.8-0.0)/40.9
=22.88

Speedway Motorsports's Book Value Per Share for the quarter that ended in Jun. 2019 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(948.5-0.0)/40.9
=23.22

* 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.


Speedway Motorsports  (NYSE:TRK) 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.


Speedway Motorsports Book Value per Share Related Terms

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Speedway Motorsports (Speedway Motorsports) Business Description

Traded in Other Exchanges
N/A
Address
5555 Concord Parkway South, Concord, NC, USA, 28027
Speedway Motorsports Inc act as a promoter, marketer and sponsor of motorsports activities in the United States. The company also provides souvenir merchandising, including screen-printing and embroidery, as well as food, beverage, and hospitality catering services; and radio programming, production, and distribution services. It operates through motorsports event related segments. The motorsports event related segment includes admissions, event related, NASCAR broadcasting and event motorsports merchandising activities. Speedway generates most of the income from NASCAR broadcasting which include rights fees obtained for domestic television broadcasts of NASCAR-sanctioned events.
Executives
James P Holden director 1221 AVENUE OF THE AMERICAS, NEW YORK NY 10020
Mark M Gambill director 5555 CONCORD PARKWAY SOUTH, CONCORD NC 28027
William R Brooks director, officer: Chief Financial Officer 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Marcus G Smith director, 10 percent owner, officer: Chief Executive Officer 5555 CONCORD PARKWAY SOUTH, CONCORD NC 28027
O Bruton Smith director, 10 percent owner, officer: Executive Chairman 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Bryan Scott Smith director, 10 percent owner 5401 E INDEPENDENCE BLVD, CHARLOTTE NC 28212
Byrd Bernard Clinton Jr director 4401 COLWICK ROAD, CHARLOTTE NC 28211
David Bruton Smith 10 percent owner C/O SONIC AUTOMOTIVE, INC., 6415 IDLEWILD ROAD, SUITE 109, CHARLOTTE NC 28212
Robert L Rewey director 401 LONE PINE COURT, BLOOMFIELD HILLS MI 48304
William P Benton director PARKLANE TOWERS WEST, 3 PARKLANE BLVD STE 1610, DEARBORN MI 48126

Speedway Motorsports (Speedway Motorsports) Headlines

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