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Certive Solutions (Certive Solutions) Book Value per Share : $-0.07 (As of Nov. 2023)


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What is Certive Solutions Book Value per Share?

Certive Solutions's book value per share for the quarter that ended in Nov. 2023 was $-0.07.

During the past 3 years, the average Book Value Per Share Growth Rate was -10.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.80% 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 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Certive Solutions was 14.00% per year. The lowest was -106.90% per year. And the median was -3.65% per year.

Certive Solutions's current price is $0.01855. Its book value per share for the quarter that ended in Nov. 2023 was $-0.07. Hence, today's PB Ratio of Certive Solutions is .

During the past 13 years, the highest P/B Ratio of Certive Solutions was 93.33. The lowest was 1.06. And the median was 9.55.


Certive Solutions Book Value per Share Historical Data

The historical data trend for Certive Solutions'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.

Certive Solutions Book Value per Share Chart

Certive Solutions Annual Data
Trend May14 May15 May16 May17 May18 May19 May20 May21 May22 May23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.06 -0.04 -0.05 -0.06 -0.06

Certive Solutions Quarterly Data
Feb19 May19 Aug19 Nov19 Feb20 May20 Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 -0.06 -0.07 -0.06 -0.06 -0.07

Competitive Comparison of Certive Solutions's Book Value per Share

For the Health Information Services subindustry, Certive Solutions'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.


Certive Solutions's PB Ratio Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, Certive Solutions's PB Ratio distribution charts can be found below:

* The bar in red indicates where Certive Solutions's PB Ratio falls into.



Certive Solutions Book Value per Share Calculation

Certive Solutions's Book Value Per Share for the fiscal year that ended in May. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-10.47-0.00)/169.15
=-0.06

Certive Solutions's Book Value Per Share for the quarter that ended in Nov. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-11.44-0.00)/169.15
=-0.07

* 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.


Certive Solutions  (OTCPK:CTVEF) 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.


Certive Solutions Book Value per Share Related Terms

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


Certive Solutions (Certive Solutions) Business Description

Traded in Other Exchanges
Address
8149 North 87th Place, Scottsdale, AZ, USA, 85258
Certive Solutions Inc is a service provider in the Revenue Cycle Management (RCM) segment of the United States healthcare industry. The company provides claims audit and recovery solutions. Along with its subsidiaries, the Titan and Omega divisions provide retrospective claim audits against payer contracts, identify underpayments, and rebill and collect revenues for hospital customers. Its lines of business include billing support, claim audit and recovery, consulting services and chargemaster/lost charge recovery. The Company currently provides services to hospital clients enhancing the efficiency and effectiveness of lost charge recovery services, in revenue-sharing relationships that improve hospital clients' net operating results.

Certive Solutions (Certive Solutions) Headlines

From GuruFocus

Certive Announces Expanded Scope of Work with Major Client

By ACCESSWIRE AccessWire 04-12-2019

Certive Announces New Hospital Client

By ACCESSWIRE ACCESSWIRE 07-16-2021

Certive Announces Annual General Meeting Results and Offering

By ACCESSWIRE AccessWire 04-12-2019

Certive Announces New Board Member and AGSM

By ACCESSWIRE ACCESSWIRE 09-01-2021