Tesla's book value per share for the quarter that ended in Mar. 2024 was $18.48.
During the past 12 months, Tesla's average Book Value Per Share Growth Rate was 33.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 36.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 63.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 50.90% 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 Tesla was 96.00% per year. The lowest was 7.50% per year. And the median was 51.20% per year.
Tesla's current price is $145.70. Its book value per share for the quarter that ended in Mar. 2024 was $18.48. Hence, today's PB Ratio of Tesla is 7.89.
During the past 13 years, the highest P/B Ratio of Tesla was 73.03. The lowest was 6.63. And the median was 19.30.
Good Sign:
Tesla Inc stock PB Ratio (=7.16) is close to 10-year low of 6.63
Tesla Book Value per Share Historical Data
The historical data trend for Tesla'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.
Competitive Comparison of Tesla's Book Value per Share
For the Auto Manufacturers subindustry, Tesla'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.
Tesla's PB Ratio Distribution in the Vehicles & Parts Industry
For the Vehicles & Parts industry and Consumer Cyclical sector, Tesla's PB Ratio distribution charts can be found below:
* The bar in red indicates where Tesla's PB Ratio falls into.
Tesla Book Value per Share Calculation
Tesla's Book Value Per Share for the fiscal year that ended in Dec. 2023 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.
Tesla (LIM:TSLA) 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.
Tesla Book Value per Share Related Terms
Thank you for viewing the detailed overview of Tesla's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Founded in 2003 and based in Palo Alto, California, Tesla is a vertically integrated sustainable energy company that also aims to transition the world to electric mobility by making electric vehicles. The company sells solar panels and solar roofs for energy generation plus batteries for stationary storage for residential and commercial properties including utilities. Tesla has multiple vehicles in its fleet, which include luxury and midsize sedans and crossover SUVs. The company also plans to begin selling more affordable sedans and small SUVs, a light truck, a semi truck, and a sports car. Global deliveries in 2022 were a little over 1.3 million vehicles.
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