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Summit Hotel Properties (Summit Hotel Properties) Book Value per Share : $0.00 (As of Dec. 2023)


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What is Summit Hotel Properties Book Value per Share?

Summit Hotel Properties's book value per share for the quarter that ended in Dec. 2023 was $0.00.

During the past 12 months, Summit Hotel Properties's average Book Value Per Share Growth Rate was -5.70% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -3.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -6.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.20% 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 Summit Hotel Properties was 176.80% per year. The lowest was -8.50% per year. And the median was 1.30% per year.

Summit Hotel Properties's current price is $25.10. Its book value per share for the quarter that ended in Dec. 2023 was $0.00. Hence, today's PB Ratio of Summit Hotel Properties is .

During the past 13 years, the highest P/B Ratio of Summit Hotel Properties was 1.75. The lowest was 0.30. And the median was 1.05.


Summit Hotel Properties Book Value per Share Historical Data

The historical data trend for Summit Hotel Properties'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.

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Summit Hotel Properties Book Value per Share Chart

Summit Hotel Properties Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
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Summit Hotel Properties Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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Competitive Comparison of Summit Hotel Properties's Book Value per Share

For the REIT - Hotel & Motel subindustry, Summit Hotel Properties'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.


Summit Hotel Properties's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Summit Hotel Properties's PB Ratio distribution charts can be found below:

* The bar in red indicates where Summit Hotel Properties's PB Ratio falls into.



Summit Hotel Properties Book Value per Share Calculation

Summit Hotel Properties'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)
=(911.20-0.10)/0.00
=N/A

Summit Hotel Properties'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)
=(911.20-0.10)/0.00
=N/A

* 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.


Summit Hotel Properties  (NYSE:INNpCCL.PFD) 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.


Summit Hotel Properties Book Value per Share Related Terms

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Summit Hotel Properties (Summit Hotel Properties) Business Description

Traded in Other Exchanges
Address
13215 Bee Cave Parkway, Suite B-300, Austin, TX, USA, 78738
Summit Hotel Properties Inc is a U.S.-based hotel investment company focusing on select-service hotels in the upscale and upper-midscale properties in the U.S. Substantially all of Summit's assets are held and operated by its Operating Partnership, Summit Hotel OP, LP, in which the company holds general and limited partnership interests. The firm has one segment in activities related to investing in real estate. Summit's revenue streams include Room and Other hotel operations revenue. Room comprises the majority of total revenues. The firm's hotels are located in various markets, such as corporate offices, retail centers, airports, state capitols, convention centers, and leisure attractions. Summit's hotels operate under brands, including Marriott, Hilton, Hyatt, and Holiday Inn.