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Helium Evolution (TSXV:HEVI) Book Value per Share : C$0.11 (As of Mar. 2024)


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What is Helium Evolution Book Value per Share?

Helium Evolution's book value per share for the quarter that ended in Mar. 2024 was C$0.11.

During the past 12 months, Helium Evolution's average Book Value Per Share Growth Rate was -16.50% 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.

Helium Evolution's current price is C$0.155. Its book value per share for the quarter that ended in Mar. 2024 was C$0.11. Hence, today's PB Ratio of Helium Evolution is 1.40.

During the past 4 years, the highest P/B Ratio of Helium Evolution was 3.34. The lowest was 0.00. And the median was 0.00.


Helium Evolution Book Value per Share Historical Data

The historical data trend for Helium Evolution'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.

Helium Evolution Book Value per Share Chart

Helium Evolution Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Book Value per Share
-0.01 0.01 0.13 0.11

Helium Evolution Quarterly Data
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 0.13 0.13 0.13 0.11 0.11

Competitive Comparison of Helium Evolution's Book Value per Share

For the Oil & Gas E&P subindustry, Helium Evolution'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.


Helium Evolution's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Helium Evolution's PB Ratio distribution charts can be found below:

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



Helium Evolution Book Value per Share Calculation

Helium Evolution'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)
=(10.77-0.00)/96.03
=0.11

Helium Evolution'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)
=(10.63-0.00)/96.03
=0.11

* 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.


Helium Evolution  (TSXV:HEVI) 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.


Helium Evolution Book Value per Share Related Terms

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Helium Evolution (TSXV:HEVI) Business Description

Traded in Other Exchanges
Address
400 - 505 - 3rd Street SW, Calgary, AB, CAN, T2P 3E6
Helium Evolution Inc is engaged in the exploration and production of helium. The company holds helium land permits near proven discoveries of economic helium concentrations.
Executives
Patrick Mills Senior Officer

Helium Evolution (TSXV:HEVI) Headlines

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