Fortum Oyj's book value per share for the quarter that ended in Mar. 2024 was €9.26.
During the past 12 months, Fortum Oyj's average Book Value Per Share Growth Rate was -14.60% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -13.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -9.30% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -2.50% 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 Fortum Oyj was 11.20% per year. The lowest was -16.40% per year. And the median was 5.20% per year.
Fortum Oyj's current price is €13.475. Its book value per share for the quarter that ended in Mar. 2024 was €9.26. Hence, today's PB Ratio of Fortum Oyj is 1.46.
During the past 13 years, the highest P/B Ratio of Fortum Oyj was 6.77. The lowest was 0.72. And the median was 1.41.
Fortum Oyj Book Value per Share Historical Data
The historical data trend for Fortum Oyj'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 Fortum Oyj's Book Value per Share
For the Utilities - Renewable subindustry, Fortum Oyj'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.
Fortum Oyj's PB Ratio Distribution in the Utilities - Independent Power Producers Industry
For the Utilities - Independent Power Producers industry and Utilities sector, Fortum Oyj's PB Ratio distribution charts can be found below:
* The bar in red indicates where Fortum Oyj's PB Ratio falls into.
Fortum Oyj Book Value per Share Calculation
Fortum Oyj'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.
Fortum Oyj (LTS:0HAH) 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.
Fortum Oyj Book Value per Share Related Terms
Thank you for viewing the detailed overview of Fortum Oyj's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Fortum Oyj is a Finnish energy company that operates power plants, which use renewable energy sources (hydro, nuclear, and solar power) to sell electricity, heat, cooling, and power products and services. The company mainly operates in Nordic and Baltic countries, Russia, Poland, and India. Its main divisions of the company are generation (large-scale power production), city solutions (sustainable energy solutions), Russia (all Russian operations), technology and new ventures (research and development and in-house incubator for startups), mergers and acquisitions, and solar and wind development. The company's operating segments are Generation, City Solutions, Consumer Solutions, Russia, and Other.
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