GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Macerich Co (NYSE:MAC) » Definitions » Book Value per Share
中文

Macerich Co (Macerich Co) Book Value per Share : $11.33 (As of Dec. 2023)


View and export this data going back to 1994. Start your Free Trial

What is Macerich Co Book Value per Share?

Macerich Co's book value per share for the quarter that ended in Dec. 2023 was $11.33.

During the past 12 months, Macerich Co's average Book Value Per Share Growth Rate was -14.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -9.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -11.10% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -10.00% 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 Macerich Co was 41.70% per year. The lowest was -23.10% per year. And the median was 2.50% per year.

Macerich Co's current price is $15.64. Its book value per share for the quarter that ended in Dec. 2023 was $11.33. Hence, today's PB Ratio of Macerich Co is 1.38.

During the past 13 years, the highest P/B Ratio of Macerich Co was 3.70. The lowest was 0.28. And the median was 2.10.


Macerich Co Book Value per Share Historical Data

The historical data trend for Macerich Co'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.

Macerich Co Book Value per Share Chart

Macerich Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 18.62 15.07 14.19 13.31 11.33

Macerich Co 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 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 13.31 12.89 12.67 11.28 11.33

Competitive Comparison of Macerich Co's Book Value per Share

For the REIT - Retail subindustry, Macerich Co'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.


Macerich Co's PB Ratio Distribution in the REITs Industry

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

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



Macerich Co Book Value per Share Calculation

Macerich Co'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)
=(2,447.0-0.0)/216.0
=11.33

Macerich Co'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)
=(2,447.0-0.0)/216.0
=11.33

* 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.


Macerich Co  (NYSE:MAC) 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.


Macerich Co Book Value per Share Related Terms

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


Macerich Co (Macerich Co) Business Description

Industry
Traded in Other Exchanges
Address
401 Wilshire Boulevard, Suite 700, Santa Monica, CA, USA, 90401
The Macerich Company is an S&P 500 company that invests in premium mall assets. The company owns 28 regional malls in its consolidated portfolio and 16 regional malls in its unconsolidated portfolio along with four power centers and seven other real estate assets. The company's total portfolio has 47.0 million square feet of gross leasable area and averaged $869 sales per square foot over the 12 months ending in December 2022.
Executives
Christopher J Zecchini officer: Chief Accounting Officer 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Scott W Kingsmore officer: Chief Financial Officer 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Kenneth Volk officer: SVP, Chief Marketing Officer 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Edward C Coppola director, officer: Executive Vice President THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
O Hern Thomas E officer: EVP, Treasurer & CFO THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Ann C Menard officer: EVP, CLO and Secretary 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Doug J Healey officer: EVP, Leasing 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Marianne Lowenthal director 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Enrique Jr Hernandez director INTER-CON SECURITY SYSTEMS, INC., 210 SOUTH DELACEY AVENUE, PASADENA CA 91105
Steven L Soboroff director THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Ontario Teachers Pension Plan Board 10 percent owner 5650 YONGE STREET, TORONTO A6 M2M 4H5
Dana K Anderson director, officer: Vice Chairman of the Board THE MACERICH COMPANY, 401 WILSHIRE BVLD., STE. 700, SANTA MONICA CA 90401
Andrea M Stephen director THE MACERICH COMPANY, 401 WILSHIRE BLVD., SUITE 700, SANTA MONICA CA 90401
Alschuler John H Jr director C/O SL GREEN REALTY CORP, 420 LEXINGTON SUITE 1900, NEW YORK NY 10170
Steve Hash director C/O ALEXANDRIA REAL ESTATE EQUITIES, INC, 26 NORTH EUCLID AVENUE, PASADENA CA 91101