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Change Financial (Change Financial) Book Value per Share : $0.01 (As of Dec. 2023)


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What is Change Financial Book Value per Share?

Change Financial's book value per share for the quarter that ended in Dec. 2023 was $0.01.

During the past 12 months, Change Financial'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 18.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 4.20% 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 8 years, the highest 3-Year average Book Value Per Share Growth Rate of Change Financial was 44.20% per year. The lowest was -72.30% per year. And the median was -11.30% per year.

Change Financial's current price is $0.0377. Its book value per share for the quarter that ended in Dec. 2023 was $0.01. Hence, today's PB Ratio of Change Financial is 2.90.

During the past 8 years, the highest P/B Ratio of Change Financial was 60.53. The lowest was 0.78. And the median was 4.17.

Warning Sign:

Change Financial Ltd stock PB Ratio (=3.88) is close to 1-year high of 3.88


Change Financial Book Value per Share Historical Data

The historical data trend for Change Financial'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.

Change Financial Book Value per Share Chart

Change Financial Annual Data
Trend Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23
Book Value per Share
Get a 7-Day Free Trial - 0.01 0.02 0.01 0.01

Change Financial Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 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 0.01 0.01 0.01 0.01 0.01

Competitive Comparison of Change Financial's Book Value per Share

For the Information Technology Services subindustry, Change Financial'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.


Change Financial's PB Ratio Distribution in the Software Industry

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

* The bar in red indicates where Change Financial's PB Ratio falls into.



Change Financial Book Value per Share Calculation

Change Financial's Book Value Per Share for the fiscal year that ended in Jun. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(8.44-0.00)/627.66
=0.01

Change Financial'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)
=(6.91-0.00)/627.66
=0.01

* 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.


Change Financial  (OTCPK:CNGFF) 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.


Change Financial Book Value per Share Related Terms

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Change Financial (Change Financial) Business Description

Traded in Other Exchanges
Address
82 Eagle Street, Level 11, Brisbane, QLD, AUS, 4000
Change Financial Ltd is a fintech company. It develops payment processors and provides mobile banking services through its mobile application. The company operates in a single segment that is the development and provision of card payments software and services. The company serves business and financial institutions.

Change Financial (Change Financial) Headlines

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