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Mitek Systems (Mitek Systems) Book Value per Share : $4.59 (As of Dec. 2023)


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What is Mitek Systems Book Value per Share?

Mitek Systems's book value per share for the quarter that ended in Dec. 2023 was $4.59.

During the past 12 months, Mitek Systems's average Book Value Per Share Growth Rate was 8.50% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.50% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.20% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 21.60% 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 Mitek Systems was 302.60% per year. The lowest was -59.50% per year. And the median was 12.40% per year.

Mitek Systems's current price is $12.41. Its book value per share for the quarter that ended in Dec. 2023 was $4.59. Hence, today's PB Ratio of Mitek Systems is 2.71.

During the past 13 years, the highest P/B Ratio of Mitek Systems was 16.41. The lowest was 2.01. And the median was 4.09.


Mitek Systems Book Value per Share Historical Data

The historical data trend for Mitek Systems'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.

Mitek Systems Book Value per Share Chart

Mitek Systems Annual Data
Trend Sep14 Sep15 Sep16 Sep17 Sep18 Sep19 Sep20 Sep21 Sep22 Sep23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.66 3.17 4.37 3.83 4.50

Mitek Systems 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 4.23 4.47 4.56 4.50 4.59

Competitive Comparison of Mitek Systems's Book Value per Share

For the Software - Application subindustry, Mitek Systems'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.


Mitek Systems's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, Mitek Systems's PB Ratio distribution charts can be found below:

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



Mitek Systems Book Value per Share Calculation

Mitek Systems's Book Value Per Share for the fiscal year that ended in Sep. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(205.2-0.0)/45.6
=4.50

Mitek Systems'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)
=(213.8-0.0)/46.6
=4.58

* 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.


Mitek Systems  (NAS:MITK) 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.


Mitek Systems Book Value per Share Related Terms

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Mitek Systems (Mitek Systems) Business Description

Traded in Other Exchanges
Address
600 B Street, Suite 100, San Diego, CA, USA, 92101
Mitek Systems Inc is engaged in the development, sale, and service of proprietary software solutions related to mobile imaging. The firm is a software development company with expertise in artificial intelligence, and machine learning. It is serving more than 7,800 financial services organizations and leading marketplace and financial technology brands across the globe. Mitek's Mobile Deposit solution is used by consumers for mobile check deposits. The company's Mobile Verify verifies a user's identity online enabling organizations to build safer digital communities, whereas CheckReader enables financial institutions to automatically extract data from a check image received across any deposit channel - branch, ATM, RDC, and mobile.
Executives
Christopher H Briggs other: SVP Identity 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Michael E Diamond other: General Manager 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Scipio Maximus Carnecchia director, officer: CEO & Director C/O MITEK SYSTEMS, INC., 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Fuad Ahmad officer: Interim CFO 461 SOUTH MILPITAS BLVD., MILPITAS CA 95035
Frank Teruel officer: CFO 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Stephen Ritter officer: Chief Technology Officer 600 B STREET SUITE 100, SAN DIEGO CA 92101
Jason Gray officer: GC, Secretary & Admin Officer 600 B STREET SUITE 100, SAN DIEGO CA 92101
Scott Adam Marcus officer: General Counsel 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Rahul Gupta director 255 FISERV DRIVE, BROOKFIELD WI 53045
Susan Repo director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Scott R Carter director 8911 BALBOA AVENUE, SUITE B, SAN DIEGO CA 92123
William K Aulet director 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Jeffrey C Davison officer: Chief Financial Officer 600 B STREET, SUITE 100, SAN DIEGO CA 92101
Jane J. Thompson director 628 GREEN VALLEY ROAD, SUITE 500, GREENSBORO NC 27408
Alex W Hart director 600 B STREET, SUITE 100, SAN DIEGO CA 92101