GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Frontline Plc (NYSE:FRO) » Definitions » Book Value per Share

Frontline (Frontline) Book Value per Share : $10.00 (As of Sep. 2023)


View and export this data going back to 2001. Start your Free Trial

What is Frontline Book Value per Share?

Frontline's book value per share for the quarter that ended in Sep. 2023 was $10.00.

During the past 12 months, Frontline's average Book Value Per Share Growth Rate was 9.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 9.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 7.20% 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 Frontline was 103.20% per year. The lowest was -45.60% per year. And the median was 5.45% per year.

Frontline's current price is $23.44. Its book value per share for the quarter that ended in Sep. 2023 was $10.00. Hence, today's PB Ratio of Frontline is 2.34.

During the past 13 years, the highest P/B Ratio of Frontline was 322.13. The lowest was 0.54. And the median was 1.00.


Frontline Book Value per Share Historical Data

The historical data trend for Frontline'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.

Frontline Book Value per Share Chart

Frontline Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.85 7.67 8.15 8.07 10.15

Frontline Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 9.11 10.15 9.98 10.32 10.00

Competitive Comparison of Frontline's Book Value per Share

For the Oil & Gas Midstream subindustry, Frontline'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.


Frontline's PB Ratio Distribution in the Oil & Gas Industry

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

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



Frontline Book Value per Share Calculation

Frontline's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,260-0)/223
=10.15

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

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(2,226-0)/223
=10.00

* 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.


Frontline  (NYSE:FRO) 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.


Frontline Book Value per Share Related Terms

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


Frontline (Frontline) Business Description

Address
8, John Kennedy Street, 7th floor, Iris House, Office 740B, Limassol, CYP, 3106
Frontline Plc is an international shipping company engaged in the seaborne transportation of crude oil and oil products. Group operates through the tankers segment. The tankers segment includes crude oil tankers and product tankers. Its geographical area of operation includes Arabian Gulf, West African, the North Sea, and the Caribbean. Frontline earns revenue through voyage charters, time charters, and a finance lease. It is also involved in the charter, purchase, and sale of vessels.

Frontline (Frontline) Headlines

From GuruFocus

FRO - Filing of Annual Report on Form 20-F

By Marketwired Marketwired 03-29-2019

Smead International Value Strategy 4th-Quarter Letter

By Smead Capital Management 01-17-2023

FRO - Third Quarter and Nine Months 2018 Results

By Marketwired Marketwired 11-16-2018

FRO - Fourth Quarter and Full Year 2018 Results

By Marketwired Marketwired 02-28-2019

FRO - Q3 2018 Presentation

By Marketwired Marketwired 11-16-2018

FRO - Update Regarding Front Altair

By Marketwired Marketwired 06-14-2019

FRO - First Quarter 2019 Results

By Marketwired Marketwired 05-16-2019