What is Akoustis Technologies Book Value per Share?
Akoustis Technologies's book value per share for the quarter that ended in Dec. 2023 was $0.71.
During the past 12 months, Akoustis Technologies's average Book Value Per Share Growth Rate was -47.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 3.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 19.50% 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 11 years, the highest 3-Year average Book Value Per Share Growth Rate of Akoustis Technologies was 823.30% per year. The lowest was 3.10% per year. And the median was 28.10% per year.
During the past 11 years, the highest P/B Ratio of Akoustis Technologies was 23.73. The lowest was 0.53. And the median was 6.42.
Akoustis Technologies Book Value per Share Historical Data
The historical data trend for Akoustis Technologies'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 Akoustis Technologies's Book Value per Share
For the Communication Equipment subindustry, Akoustis Technologies'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.
Akoustis Technologies's PB Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Akoustis Technologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where Akoustis Technologies's PB Ratio falls into.
Akoustis Technologies Book Value per Share Calculation
Akoustis Technologies's Book Value Per Share for the fiscal year that ended in Jun. 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.
Akoustis Technologies (NAS:AKTS) 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.
Akoustis Technologies Book Value per Share Related Terms
Thank you for viewing the detailed overview of Akoustis Technologies's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Akoustis Technologies (Akoustis Technologies) Business Description
Akoustis Technologies Inc is an emerging commercial product company focused on developing, designing, and manufacturing innovative RF filter solutions for the wireless industry, including for products such as smartphones and tablets, network infrastructure equipment, WiFi Customer Premise Equipment and defense applications. The company has developed a proprietary microelectromechanical system based bulk acoustic wave technology and a unique manufacturing process flow, called XBAW, for filters produced for use in RFFE modules. The company derives revenue from the sale of filter products under individual customer purchase orders, some of which have underlying master sales agreements that specify terms governing the product sales.
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