Nabors Industries's book value per share for the quarter that ended in Dec. 2023 was $34.77.
During the past 12 months, Nabors Industries's average Book Value Per Share Growth Rate was -11.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was -39.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was -41.10% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was -30.10% 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 Nabors Industries was 45.80% per year. The lowest was -47.60% per year. And the median was 11.45% per year.
Nabors Industries's current price is $76.53. Its book value per share for the quarter that ended in Dec. 2023 was $34.77. Hence, today's PB Ratio of Nabors Industries is 2.20.
During the past 13 years, the highest P/B Ratio of Nabors Industries was 4.53. The lowest was 0.06. And the median was 0.79.
Good Sign:
Nabors Industries Ltd stock PB Ratio (=2.22) is close to 1-year low of 2.09
Nabors Industries Book Value per Share Historical Data
The historical data trend for Nabors Industries'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.
Nabors Industries Annual Data
Trend
Dec14
Dec15
Dec16
Dec17
Dec18
Dec19
Dec20
Dec21
Dec22
Dec23
Book Value per Share
272.82
157.88
71.99
39.19
34.77
Nabors Industries 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
39.19
42.21
42.18
36.76
34.77
Competitive Comparison
For the Oil & Gas Drilling subindustry, Nabors Industries'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.
Nabors Industries PB Ratio Distribution
For the Oil & Gas industry and Energy sector, Nabors Industries's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nabors Industries's PB Ratio falls into.
Nabors Industries Book Value per Share Calculation
Nabors Industries'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.
Nabors Industries (NYSE:NBR) 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.
Nabors Industries Book Value per Share Related Terms
Thank you for viewing the detailed overview of Nabors Industries's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Nabors Industries (Nabors Industries) Business Description
Nabors Industries Ltd owns and operates one of the world's largest land-based drilling rig fleets and is a provider of offshore platform rigs in the United States and international markets. It also provides performance tools, directional drilling services, tubular running services, and innovative technologies. It has operations in over 15 countries, 300 actively marketed rigs for land-based drilling operations and 29 actively marketed rigs for offshore platform drilling operations in the United States and multiple international markets. The company has five reportable segments: U.S. Drilling, Canada Drilling, International Drilling, Drilling Solutions, and Rig Technologies. The key revenue of the company is generated from International Drilling.
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