SM Energy Co's book value per share for the quarter that ended in Dec. 2023 was $31.24.
During the past 12 months, SM Energy Co's average Book Value Per Share Growth Rate was 23.50% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 21.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 2.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -1.50% 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 SM Energy Co was 26.20% per year. The lowest was -14.20% per year. And the median was 12.00% per year.
SM Energy Co's current price is $48.49. Its book value per share for the quarter that ended in Dec. 2023 was $31.24. Hence, today's PB Ratio of SM Energy Co is 1.55.
During the past 13 years, the highest P/B Ratio of SM Energy Co was 3.86. The lowest was 0.05. And the median was 1.21.
SM Energy Co Book Value per Share Historical Data
The historical data trend for SM Energy Co'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 SM Energy Co's Book Value per Share
For the Oil & Gas E&P subindustry, SM Energy Co'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.
SM Energy Co's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, SM Energy Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where SM Energy Co's PB Ratio falls into.
SM Energy Co Book Value per Share Calculation
SM Energy Co's Book Value Per Share for the fiscal year that ended in Dec. 2023 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.
SM Energy Co (NYSE:SM) 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.
SM Energy Co Book Value per Share Related Terms
Thank you for viewing the detailed overview of SM Energy Co's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
SM Energy Co is an independent energy company engaged in the acquisition, exploration, development, and production of crude oil and condensate, natural gas, and natural gas liquids. Operating primarily out of the United States, the company actively participates in joint ventures, prospects/leaseholds, and drill-to-earn opportunities. The majority of the company's revenue is derived from some of the United States' premier drilling locations. Drilling location interests have been traditionally obtained through oil and gas leases from third parties. SM Energy relies on its fleet of geologists, geophysicists, landmen, and engineers to help extract the full potential out of all properties held.
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