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Centerspace (Centerspace) Book Value per Share : $39.88 (As of Mar. 2024)


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What is Centerspace Book Value per Share?

Centerspace's book value per share for the quarter that ended in Mar. 2024 was $39.88.

During the past 12 months, Centerspace's average Book Value Per Share Growth Rate was -10.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 0.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.10% 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 Centerspace was 8.10% per year. The lowest was -5.30% per year. And the median was 0.10% per year.

Centerspace's current price is $68.09. Its book value per share for the quarter that ended in Mar. 2024 was $39.88. Hence, today's PB Ratio of Centerspace is 1.71.

During the past 13 years, the highest P/B Ratio of Centerspace was 2.50. The lowest was 1.04. And the median was 1.73.


Centerspace Book Value per Share Historical Data

The historical data trend for Centerspace'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.

Centerspace Book Value per Share Chart

Centerspace Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 42.95 40.28 45.19 42.34 41.19

Centerspace Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 44.29 43.14 42.52 41.19 39.88

Competitive Comparison of Centerspace's Book Value per Share

For the REIT - Residential subindustry, Centerspace'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.


Centerspace's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Centerspace's PB Ratio distribution charts can be found below:

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



Centerspace Book Value per Share Calculation

Centerspace's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(726.4-110.1)/15.0
=41.19

Centerspace's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(704.7-110.1)/14.9
=39.87

* 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.


Centerspace  (NYSE:CSR) 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.


Centerspace Book Value per Share Related Terms

Thank you for viewing the detailed overview of Centerspace's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Centerspace (Centerspace) Business Description

Industry
Traded in Other Exchanges
Address
3100 10th Street SW, Post Office Box 1988, Minot, ND, USA, 58702-1988
Centerspace is a real estate investment trust (REIT) that focuses on the ownership, management, acquisitions, redevelopment, and development of apartment communities. The company operates through a single reportable segment, and it owns properties in the following states: Minnesota, Colorado, North Dakota, Nebraska, South Dakota, and Montana. Rental income represents the company's main source of revenue, and properties owned in Minnesota, Colorado, and North Dakota represent the majority of the firm's commercial presence.
Executives
Decker Mark Okey Jr director, officer: President, CEO and CIO 10414 NEW ASCOT DRIVE, GREAT FALLS VA 22066
John A Schissel director 1750 H STREET, SUITE 500, COLUMBIA EQUITY TRUST, INC., WASHINGTON DC 20006
Mary J Twinem director 5500 WAYZATA BLVD., SUITE 1600, MINNEAPOLIS MN 55416
Emily Nagle Green director CASELLA WASTE SYSTEMS, 25 GREENS HILL LANE, RUTLAND VT 05701
Rodney Jones-tyson director C/O 3100 10TH STREET SW, POST OFFICE BOX 1988, MINOT ND 58702-1988
Michael T Dance director C/O INVESTORS REAL ESTATE TRUST, 1400 31ST AVE. NW,, MINOT ND 58702
Bhairav Patel officer: SVP, Finance 1345 AVENUE OF THE AMERICAS, NEW YORK NY 10105
John Kirchmann officer: EVP and CFO 800 LASALLE AVENUE, SUITE 1600, MINNEAPOLIS MN 55402
Anne Olson officer: COO, Gen Counsel and Secretary 800 LASALLE AVENUE, SUITE 1600, MINNEAPOLIS MN 55402
Jeffrey Caira director 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Linda J. Hall director 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Nancy B Andersen officer: SVP& Principal Accting Officer 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Timothy P Mihalick director, officer: President and CEO 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Jeffrey L Miller director 1400 31ST AVENUE SW, SUITE 60, MINOT ND 58701
Terrance P Maxwell director 1400 31ST AVE SW, SUITE 60, MINOT ND 58701