Genie Energy's book value per share for the quarter that ended in Sep. 2024 was $7.75.
During the past 12 months, Genie Energy's average Book Value Per Share Growth Rate was -3.90% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 34.00% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 22.50% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.30% 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 Genie Energy was 56.80% per year. The lowest was -15.50% per year. And the median was 6.55% per year.
Genie Energy's current price is $14.55. Its book value per share for the quarter that ended in Sep. 2024 was $7.75. Hence, today's PB Ratio of Genie Energy is 1.88.
During the past 13 years, the highest P/B Ratio of Genie Energy was 4.00. The lowest was 1.27. And the median was 2.14.
Good Sign:
Genie Energy Ltd stock PB Ratio (=1.88) is close to 1-year low of 1.87
Genie Energy Book Value per Share Historical Data
The historical data trend for Genie Energy'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.
Competitive Comparison of Genie Energy's Book Value per Share
For the Utilities - Regulated Electric subindustry, Genie Energy'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.
Genie Energy's PB Ratio Distribution in the Utilities - Regulated Industry
For the Utilities - Regulated industry and Utilities sector, Genie Energy's PB Ratio distribution charts can be found below:
* The bar in red indicates where Genie Energy's PB Ratio falls into.
Genie Energy Book Value per Share Calculation
Genie Energy's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
Genie Energy (NYSE:GNE) 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.
Genie Energy Book Value per Share Related Terms
Thank you for viewing the detailed overview of Genie Energy's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Genie Energy Ltd, through its subsidiaries, operates as a retail energy provider. It serves two reportable business segments: Genie retail energy, or GRE, and Genie renewables. The Genie retail energy segment resells energy to residential and commercial consumers in the Eastern and Midwestern United States through its portfolio of various retail energy providers. The Genie renewables segment holds controlling interests in various companies engaged in the manufacturing of solar panels, solar installation design, and solar energy project management. It generates the majority of its revenue from the Genie retail energy segment.
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