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Summit Materials (Summit Materials) Book Value per Share : $19.30 (As of Dec. 2023)


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What is Summit Materials Book Value per Share?

Summit Materials's book value per share for the quarter that ended in Dec. 2023 was $19.30.

During the past 12 months, Summit Materials's average Book Value Per Share Growth Rate was 14.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 12.00% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 10.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.30% 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 Summit Materials was 13.40% per year. The lowest was -9.70% per year. And the median was 7.00% per year.

Summit Materials's current price is $40.00. Its book value per share for the quarter that ended in Dec. 2023 was $19.30. Hence, today's PB Ratio of Summit Materials is 2.07.

During the past 13 years, the highest P/B Ratio of Summit Materials was 3.13. The lowest was 0.70. And the median was 1.84.


Summit Materials Book Value per Share Historical Data

The historical data trend for Summit Materials'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.

Summit Materials Book Value per Share Chart

Summit Materials 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 12.39 13.73 15.02 16.89 19.30

Summit Materials 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 16.89 16.56 17.33 19.26 19.30

Competitive Comparison of Summit Materials's Book Value per Share

For the Building Materials subindustry, Summit Materials'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.


Summit Materials's PB Ratio Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Summit Materials's PB Ratio distribution charts can be found below:

* The bar in red indicates where Summit Materials's PB Ratio falls into.



Summit Materials Book Value per Share Calculation

Summit Materials'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)
=(2,307-0)/120
=19.30

Summit Materials'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)
=(2,307-0)/120
=19.30

* 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.


Summit Materials  (NYSE:SUM) 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.


Summit Materials Book Value per Share Related Terms

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


Summit Materials (Summit Materials) Business Description

Traded in Other Exchanges
Address
1801 California Street, Suite 3500, Denver, CO, USA, 80202
Summit Materials Inc is an aggregates supplier and cement producer in the United States. The company sells products that include aggregates, which it supplies across the United States, and in British Columbia, Canada, and cement, which it supplies to surrounding states along the Mississippi River from Minnesota to Louisiana. In addition to supplying aggregates to customers, the company uses a portion of its materials internally to produce ready-mix concrete and asphalt paving mix, which may be sold externally or used in its paving and related services businesses. The company operates in 22 U.S. states and in British Columbia, Canada and has assets in 21 U.S. states and in British Columbia, Canada through their platforms.
Executives
Craig Scott Anderson officer: EVP & Chief Financial Officer 1801 CALIFORNIA STREET, SUITE 3500, DENVER CO 80202
Christopher Burke Gaskill officer: See Remarks C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 08202
Kekin Ghelani officer: Chief Strategy&Growth Officer 1550 WYNKOOP, DENVER CO 80202
Anne K. Wade director C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 80202
John Raymond Murphy director 233 S PATTERSON AVE, SPRINGFIELD MO 65802
Anne P Noonan director, officer: President & CEO 25435 HARVARD RD, BEACHWOOD OH 44122
Tamla Oates-forney director 800 CAPITOL STREET 3000, HOUSTON TX 77002
Deon Macmillan officer: See Remarks C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 08202
Karli S. Anderson officer: See Remarks 1660 WYNKOOP STREET, SUITE 1000, DENVER CO 80202
Howard L Lance director C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 80202
Joseph S Cantie director C/O DELPHI AUTOMOTIVE, 5725 DELPHI DRIVE, TROY MI 48098
Anne Lee Benedict officer: See Remarks C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 80202
Brian James Harris officer: EVP & Chief Financial Officer C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 80202
Mikel Shane Evans officer: See Remarks C/O SUMMIT MATERIALS, INC., 1550 WYNKOOP STREET, 3RD FLOOR, DENVER CO 80202
Longleaf Partners Funds Trust 10 percent owner C/O SOUTHEASTERN ASSET MANAGEMENT, 6410 POPLAR AVE, SUITE 900, MEMPHIS TN 38119