nVent Electric's book value per share for the quarter that ended in Mar. 2024 was $19.35.
During the past 12 months, nVent Electric'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 9.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 4.10% 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 9 years, the highest 3-Year average Book Value Per Share Growth Rate of nVent Electric was 9.90% per year. The lowest was -12.30% per year. And the median was -0.30% per year.
nVent Electric's current price is $81.67. Its book value per share for the quarter that ended in Mar. 2024 was $19.35. Hence, today's PB Ratio of nVent Electric is 4.22.
During the past 9 years, the highest P/B Ratio of nVent Electric was 4.22. The lowest was 0.93. And the median was 2.02.
Warning Sign:
nVent Electric PLC stock PB Ratio (=4.17) is close to 10-year high of 4.22
nVent Electric Book Value per Share Historical Data
The historical data trend for nVent Electric'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 nVent Electric's Book Value per Share
For the Electrical Equipment & Parts subindustry, nVent Electric'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.
nVent Electric's PB Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, nVent Electric's PB Ratio distribution charts can be found below:
* The bar in red indicates where nVent Electric's PB Ratio falls into.
nVent Electric Book Value per Share Calculation
nVent Electric'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.
nVent Electric (NYSE:NVT) 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.
nVent Electric Book Value per Share Related Terms
Thank you for viewing the detailed overview of nVent Electric's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
nVent Electric (nVent Electric) Business Description
nVent Electric PLC is a provider of electrical connection and protection solutions. The company segments include Enclosures, Thermal Management, and Electrical and Fastening Solutions. It generates maximum revenue from the Enclosures segment. The Enclosures segment provides inventive solutions that protect, connect and manage heat in critical electronics, communication, control, and power equipment. Geographically, it derives a majority of revenue from the U.S. and Canada. The company serves the Commercial and Residential, Energy, Industrial Solutions, and Infrastructure industries. Its products include Cabinets and Electronic Packaging, Electrical Fasteners, Hangers and Support, Concrete Reinforcing Steel Connections, Data Center and Networking Systems and others.
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