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Caterpillar (Caterpillar) Book Value per Share

: $39.04 (As of Dec. 2023)
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Caterpillar's book value per share for the quarter that ended in Dec. 2023 was $39.04.

During the past 12 months, Caterpillar's average Book Value Per Share Growth Rate was 27.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 11.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 8.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 2.30% 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 Caterpillar was 30.80% per year. The lowest was -29.30% per year. And the median was 8.00% per year.

Caterpillar's current price is $362.31. Its book value per share for the quarter that ended in Dec. 2023 was $39.04. Hence, today's PB Ratio of Caterpillar is 9.28.

During the past 13 years, the highest P/B Ratio of Caterpillar was 9.72. The lowest was 2.29. And the median was 5.15.

Warning Sign:

Caterpillar Inc stock PB Ratio (=9.18) is close to 10-year high of 9.72


Caterpillar Book Value per Share Historical Data

The historical data trend for Caterpillar'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.

Caterpillar Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 26.52 28.12 30.76 30.73 39.04

Caterpillar Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
Book Value per Share 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 Premium Member Only Premium Member Only Premium Member Only 30.73 35.18 35.75 40.25 39.04

Competitive Comparison

For the Farm & Heavy Construction Machinery subindustry, Caterpillar'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.


Caterpillar PB Ratio Distribution

For the Farm & Heavy Construction Machinery industry and Industrials sector, Caterpillar's PB Ratio distribution charts can be found below:

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



Caterpillar Book Value per Share Calculation

Caterpillar'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)
=(19,494-0)/499
=39.04

Caterpillar's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(19,494-0)/499
=39.04

* 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.


Caterpillar  (NYSE:CAT) 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.


Caterpillar Book Value per Share Related Terms

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


Caterpillar (Caterpillar) Business Description

Address
5205 N. O'Connor Boulevard, Suite 100, Irving, TX, USA, 75039
Caterpillar is the premier manufacturer of heavy equipment, power solutions, and locomotives. It is currently the world's largest manufacturer of heavy equipment with over 13% market share in 2021. The company is divided into four reportable segments: construction industries, resource industries, energy and transportation, and Caterpillar Financial Services. Its products are available through a dealer network that covers the globe with about 2,700 branches maintained by 160 dealers. Caterpillar Financial Services provides retail financing for machinery and engines to its customers, in addition to wholesale financing for dealers, which increases the likelihood of Caterpillar product sales.
Executives
Anthony D. Fassino officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Cheryl H Johnson officer: Chief Human Resources Officer 40 WESTMINSTER STREET, PROVIDENCE RI 02903
Joseph E Creed officer: Interim CFO 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Denise C Johnson officer: Group President C/O CATERPILLAR, INCORPORATED, 901 WEST WASHINGTON, CV41110, EAST PEORIA IL 61630
Lange Bob De officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Fish James C Jr director 800 CAPITOL STREET 3000, HOUSTON TX 77002
Judith Fran Marks director C/O HUBBELL INCORPORATED, 40 WATERVIEW DRIVE, SHELTON CT 06484
David Maclennan director 14701 CHARLSON ROAD, EDEN PRAIRIE MN 55347
Suzette M Long officer: Int. Executive Vice President 510 LAKE COOK ROAD, SUITE 100, DEERFILED IL 60015
Daniel M Dickinson director THAYER CAPITAL PARTNERS, 1455 PENNSYLVANIA AVENUE NW, STE 350, WASHINGTON DC 20004
William E Schaupp officer: Chief Accounting Officer PPG INDUSTRIES, INC., ONE PPG PLACE, PITTSBURGH PA 15272
Gary Michael Marvel officer: Chief Accounting Officer 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
Gerald Johnson director 300 RENAISSANCE CENTER, M/C: 482-C23-A68, DETROIT MI 48265
Ramin Younessi officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD IL 60015
William P Ainsworth officer: Group President 510 LAKE COOK ROAD, SUITE 100, DEERFIELD X1 60015

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