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FTC Solar's book value per share for the quarter that ended in Jun. 2024 was $0.35.
During the past 12 months, FTC Solar's average Book Value Per Share Growth Rate was -53.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 76.20% 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 5 years, the highest 3-Year average Book Value Per Share Growth Rate of FTC Solar was 76.20% per year. The lowest was 76.20% per year. And the median was 76.20% per year.
FTC Solar's current price is $0.5283. Its book value per share for the quarter that ended in Jun. 2024 was $0.35. Hence, today's PB Ratio of FTC Solar is 1.52.
During the past 5 years, the highest P/B Ratio of FTC Solar was 2268.33. The lowest was 0.59. And the median was 3.32.
The historical data trend for FTC Solar'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.
FTC Solar Annual Data | |||||||||||
Trend | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||
Book Value per Share | -0.12 | 0.09 | 1.54 | 0.63 | 0.50 |
FTC Solar Quarterly Data | |||||||||||||||||||
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 | 0.74 | 0.59 | 0.50 | 0.44 | 0.35 |
For the Solar subindustry, FTC Solar'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.
For the Semiconductors industry and Technology sector, FTC Solar's PB Ratio distribution charts can be found below:
* The bar in red indicates where FTC Solar's PB Ratio falls into.
FTC Solar'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) |
= | (62.47 | - | 0.00) | / | 125.45 | |
= | 0.50 |
FTC Solar'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) |
= | (44.24 | - | 0.00) | / | 127.00 | |
= | 0.35 |
* 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.
FTC Solar (NAS:FTCI) 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.
Thank you for viewing the detailed overview of FTC Solar's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Ahmad R Chatila | director | 3901 NO. FIRST STREET, SAN JOSE CA 95134 |
Quiroga Cortes Isidoro Alfonso | director | 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759 |
Patrick Cook | officer: CHIEF FINANCIAL OFFICER | 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759 |
Tamara Mullings | director | C/O FTC SOLAR, INC., 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759 |
Robert Phelps Morris | officer: CHIEF FINANCIAL OFFICER | C/O FTC SOLAR, INC., 9020 N CAPITAL OF TEXAS HWY, SUITE I-250, AUSTIN TX 78759 |
Shaker Sadasivam | director | P O BOX 8, SAINT PETERS MO 63376 |
William A Priddy | director | C/O RF MICRO DEVICES, INC., 7628 THORNDIKE ROAD, GREENSBORO NC 27409 |
Cathy Behnen | officer: CHIEF ACCOUNTING OFFICER | 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759 |
Sasan Aminpour | officer: Chief Operating Officer | C/O FTC SOLAR, INC., 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759 |
Arc Family Trust | 10 percent owner | 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759 |
Kristian Nolde | officer: VP, MARKETING AND STRATEGY | 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759 |
David Springer | director, 10 percent owner | 2718 LOYAGA DRIVE, ROUND ROCK TX 78681 |
Nagendra Cherukupalli | officer: CHIEF TECHNOLOGY OFFICER | 9020 N CAPITAL OF TEXAS HWY, SUITE I-260, AUSTIN TX 78759 |
Sean Hunkler | director, officer: PRESIDENT AND CEO | C/O WESTERN DIGITAL CORPORATION, 5601 GREAT OAKS PARKWAY, SAN JOSE CA 95119 |
Thurman J Rodgers | director | 535 EASTVIEW WAY, WOODSIDE CA 94062 |
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