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Forbes Energy Services (Forbes Energy Services) Book Value per Share : $-6.45 (As of Mar. 2020)


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What is Forbes Energy Services Book Value per Share?

Forbes Energy Services's book value per share for the quarter that ended in Mar. 2020 was $-6.45.

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.

Forbes Energy Services's current price is $1.0E-5. Its book value per share for the quarter that ended in Mar. 2020 was $-6.45. Hence, today's PB Ratio of Forbes Energy Services is .


Forbes Energy Services Book Value per Share Historical Data

The historical data trend for Forbes Energy Services'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.

Forbes Energy Services Book Value per Share Chart

Forbes Energy Services Annual Data
Trend Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.03 -2.64 5.53 16.81 4.34

Forbes Energy Services Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
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 14.72 12.77 7.01 4.34 -6.45

Competitive Comparison of Forbes Energy Services's Book Value per Share

For the Oil & Gas Equipment & Services subindustry, Forbes Energy Services'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.


Forbes Energy Services's PB Ratio Distribution in the Oil & Gas Industry

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

* The bar in red indicates where Forbes Energy Services's PB Ratio falls into.



Forbes Energy Services Book Value per Share Calculation

Forbes Energy Services's Book Value Per Share for the fiscal year that ended in Dec. 2019 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(24.0-0.0)/5.5
=4.34

Forbes Energy Services's Book Value Per Share for the quarter that ended in Mar. 2020 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-35.6-0.0)/5.5
=-6.45

* 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.


Forbes Energy Services  (OTCPK:FLSS) 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.


Forbes Energy Services Book Value per Share Related Terms

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


Forbes Energy Services (Forbes Energy Services) Business Description

Traded in Other Exchanges
N/A
Address
3000 South Business Highway 281, Alice, TX, USA, 78332
Forbes Energy Services Ltd operates as an oilfield services contractor that provides a wide range of well site services to oil and natural gas drilling and producing companies to help develop and enhance the production of oil and natural gas. The company operates in three business segments namely Well Servicing which is the key revenue driver, Coiled Tubing, and Fluid Logistics. These services include fluid hauling, fluid disposal, well maintenance, completion services, workovers and recompletions, plugging and abandonment, and tubing testing. Geographically, it operates in South, East, Central, and West Texas.
Executives
Ascribe Associates Iii, Llc 10 percent owner, other: See Remarks 299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
Solace General Partner, Llc 10 percent owner, other: See Remarks 11111 SANTA MONICA BLVD, SUITE 1275 LOS ANGELES CA 90025
Solace Forbes Holdings, Llc 10 percent owner, other: See Remarks 11111 SANTA MONICA BLVD, SUITE 1275 LOS ANGELES CA 90025
American Securities Llc 10 percent owner, other: See Remarks 590 MADISON AVENUE, 38TH FLOOR, NEW YORK NY 10022
Ascribe Opportunities Fund Iii(b), L.p. 10 percent owner, other: See Remarks C/O ASOF ASSOCIATES III, LLC 299 PARK AVENUE, 34TH FLOOR NEW YORK NY 10171-8000
Ascribe Opportunities Fund Iii, L.p. 10 percent owner, other: See Remarks C/O ASOF ASSOCIATES III, LLC 299 PARK AVENUE, 34TH FLOOR NEW YORK NY 10171-8000
Solace Capital Special Situations Fund, L.p. 10 percent owner, other: See Remarks 11111 SANTA MONICA BOULEVARD SUITE 1275 LOS ANGELES CA 90025
Ascribe Capital Llc 10 percent owner, other: See Remarks 590 MADISON AVENUE 38TH FLOOR NEW YORK NY 10022
Ascribe Iii Investments Llc 10 percent owner, other: See Remarks 299 PARK AVENUE 34TH FLOOR NEW YORK NY 10171
Solace Capital Partners, L.p. 10 percent owner, other: See Remarks 11111 SANTA MONICA BLVD, SUITE 1275 LOS ANGELES CA 90025
L Melvin Cooper officer: Senior Vice President & CFO 2930 W. SAM HOUSTON PARKWAY N, SUITE 300, HOUSTON TX 77043
Steve Macek officer: EVP, COO 3000 SOUTH BUSINESS HIGHWAY 281 ALICE TX 78332
John E. Crisp director, officer: President & CEO 3000 SOUTH BUSINESS HIGHWAY 281 ALICE TX 78332
Joe Michetti officer: President & Co-COO of FES LLC 18001 HIGHWAY 105 WEST, SUITE 102 MONTGOMERY TX 77356
David B Rosenwasser director 3000 SOUTH BUSINESS HIGHWAY 281 ALICE TX 78332

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