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OPEN (Opendoor Technologies) Book Value per Share : $1.21 (As of Jun. 2024)


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What is Opendoor Technologies Book Value per Share?

Opendoor Technologies's book value per share for the quarter that ended in Jun. 2024 was $1.21.

During the past 12 months, Opendoor Technologies's average Book Value Per Share Growth Rate was -26.80% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -20.80% 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 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Opendoor Technologies was -20.80% per year. The lowest was -20.80% per year. And the median was -20.80% per year.

Opendoor Technologies's current price is $1.76. Its book value per share for the quarter that ended in Jun. 2024 was $1.21. Hence, today's PB Ratio of Opendoor Technologies is 1.46.

During the past 6 years, the highest P/B Ratio of Opendoor Technologies was 12.04. The lowest was 0.43. And the median was 1.91.


Opendoor Technologies Book Value per Share Historical Data

The historical data trend for Opendoor Technologies'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.

Opendoor Technologies Book Value per Share Chart

Opendoor Technologies Annual Data
Trend Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial -1.35 2.87 3.65 1.70 1.43

Opendoor Technologies Quarterly Data
Dec18 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24
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 1.65 1.53 1.43 1.31 1.21

Competitive Comparison of Opendoor Technologies's Book Value per Share

For the Real Estate Services subindustry, Opendoor Technologies'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.


Opendoor Technologies's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Opendoor Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Opendoor Technologies's PB Ratio falls into.



Opendoor Technologies Book Value per Share Calculation

Opendoor Technologies'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)
=(967-0)/678
=1.43

Opendoor Technologies's Book Value Per Share for the quarter that ended in Jun. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(845-0)/699
=1.21

* 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.


Opendoor Technologies  (NAS:OPEN) 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.


Opendoor Technologies Book Value per Share Related Terms

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Opendoor Technologies Business Description

Traded in Other Exchanges
Address
410 N. Scottsdale Road, Suite 1600, Tempe, AZ, USA, 85288
Opendoor Technologies Inc is a digital platform for residential real estate. This platform enables customers to buy and sell houses online. It generates revenue through home sales, along with other revenue from real estate services.
Executives
Carrie Wheeler officer: CFO 500 VOLVO PARKWAY, CHESAPEAKE VA 23320
Megan D. Meyer officer: President, Sell Direct & Svcs. C/O OPENDOOR TECHNOLOGIES, INC., 410 N. SCOTTSDALE ROAD, SUITE 1600, TEMPE AZ 85281
Christina Schwartz officer: See Remarks C/O OPENDOOR TECHNOLOGIES, INC., 410 N. SCOTTSDALE ROAD, SUITE 1600, TEMPE AZ 85281
Sydney Schaub officer: Chief Legal Officer OPENDOOR TECHNOLOGIES INC., 410 N. SCOTTSDALE ROAD, SUITE 1600, TEMPE AZ 85281
Glenn Solomon director C/O GGV CAPITAL, 3000 SAND HILL ROAD, SUITE 4-230, MENLO PARK CA 94025
Dana Hamilton director C/O ARCHSTONE-SMITH TRUST, 9200 E. PANORAMA CIRCLE, SUITE 400, ENGLEWOOD CO 80112
Eric Chung-wei Wu director, officer: CEO C/O OPENDOOR TECHNOLOGIES INC., 1 POST STREET, FLOOR 11, SAN FRANCISCO CA 94104
Daniel Morillo officer: Chief Investment Officer C/O OPENDOOR TECHNOLOGIES INC., 1 POST STREET, FLOOR 11, SAN FRANCISCO CA 94104
Low Ah Kee Andrew officer: President C/O GODADDY INC., 14455 N. HAYDEN RD., SCOTTSDALE AZ 85260
Pueo Keffer director C/O OPENDOOR TECHNOLOGIES INC., 1 POST STREET, FLOOR 11, SAN FRANCISCO CA 94104
Svf Excaliber (cayman) Ltd 10 percent owner 27 HOSPITAL ROAD, WALKERS CORPORATE LTD., CAYMAN CORPORATE CENTRE, GEORGE TOWN, GRAND CAYMAN E9 KY-9008
Elizabeth Ann Stevens officer: Head of Legal C/O OPENDOOR TECHNOLOGIES INC., 1 POST STREET, FLOOR 11, SAN FRANCISCO CA 94104
Rice E. John Jr director 7272 WISCONSIN AVENUE, SUITE 1300, BETHESDA MD 20814
Jason Kilar director 208 S. AKARD ST, DALLAS TX 75202
Jonathan M Jaffe director LENNAR CORPORATION, 700 NW 107 AVE 4TH FLR, MIAMI FL 33172