Medtronic's book value per share for the quarter that ended in Apr. 2022 was $39.49.
During the past 12 months, Medtronic's average Book Value Per Share Growth Rate was 3.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 1.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 8.80% 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 Medtronic was 31.40% per year. The lowest was 0.10% per year. And the median was 13.40% per year.
Medtronic's current price is $95.24. Its book value per share for the quarter that ended in Apr. 2022 was $39.49. Hence, today's PB Ratio of Medtronic is 2.41.
During the past 13 years, the highest P/B Ratio of Medtronic was 5.57. The lowest was 1.78. And the median was 2.50.
Good Sign:
Medtronic PLC stock PB Ratio (=2.4) is close to 2-year low of 2.23
Medtronic Book Value per Share Historical Data
The historical data trend for Medtronic'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.
Medtronic Annual Data
Trend
Apr13
Apr14
Apr15
Apr16
Apr17
Apr18
Apr19
Apr20
Apr21
Apr22
Book Value per Share
37.45
37.36
37.83
38.23
39.49
Medtronic Quarterly Data
Jul17
Oct17
Jan18
Apr18
Jul18
Oct18
Jan19
Apr19
Jul19
Oct19
Jan20
Apr20
Jul20
Oct20
Jan21
Apr21
Jul21
Oct21
Jan22
Apr22
Book Value per Share
38.23
38.29
38.66
39.14
39.49
Competitive Comparison
For the Medical Devices subindustry, Medtronic's Book Value per Share, along with its competitors' market caps and Book Value per Share 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.
Medtronic Book Value per Share Distribution
For the Medical Devices & Instruments industry and Healthcare sector, Medtronic's Book Value per Share distribution charts can be found below:
* The bar in red indicates where Medtronic's Book Value per Share falls into.
Medtronic Book Value per Share Calculation
Medtronic's Book Value Per Share for the fiscal year that ended in Apr. 2022 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.
Medtronic (NYSE:MDT) 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.
Medtronic Book Value per Share Related Terms
Thank you for viewing the detailed overview of Medtronic's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
One of the largest medical device companies, Medtronic develops and manufactures therapeutic medical devices for chronic diseases. Its portfolio includes pacemakers, defibrillators, heart valves, stents, insulin pumps, spinal fixation devices, neurovascular products, advanced energy, and surgical tools. The company markets its products to healthcare institutions and physicians in the United States and overseas. Foreign sales account for almost 50% of the company's total sales.
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