GRNL (Greenlite Ventures) Book Value per Share: $-17.31 (As of Dec. 2012)

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What is Greenlite Ventures Book Value per Share?

Greenlite Ventures GRNL Book Value per Share is $-17.31 as of Dec. 2012.

Greenlite Ventures's book value per share for the quarter that ended in Dec. 2012 was $-17.31.

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.

Greenlite Ventures's current price is $1.59. Its book value per share for the quarter that ended in Dec. 2012 was $-17.31. Hence, today's PB Ratio of Greenlite Ventures is .


Greenlite Ventures  (OTCPK:GRNL) 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.


Greenlite Ventures Book Value per Share Related Terms


Greenlite Ventures Book Value per Share Historical Data

* Premium members only.

The historical data trend for Greenlite Ventures'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.

Greenlite Ventures Book Value per Share Chart

Greenlite Ventures Annual Data
Trend Mar03 Mar04 Mar05 Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -5.17 -13.67 -25.00 -22.71 0.08

Greenlite Ventures Quarterly Data
Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12
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 -2.50 0.08 -12.83 -16.00 -17.31

GRNL vs OCLN, HDII, CWSS: Book Value per Share Comparison

For the Footwear & Accessories subindustry, Greenlite Ventures'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.


Greenlite Ventures PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, Greenlite Ventures's PB Ratio distribution charts can be found below:

* The bar in red indicates where Greenlite Ventures's PB Ratio falls into.



Greenlite Ventures Book Value per Share Calculation

Greenlite Ventures's Book Value Per Share for the fiscal year that ended in Mar. 2012 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(0.00-0.00)/0.01
=0.08

Greenlite Ventures's Book Value Per Share for the quarter that ended in Dec. 2012 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-0.23-0.00)/0.01
=-17.31

* 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.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $-17.31 mean?
Greenlite Ventures (GRNL) has a Book Value per Share of $-17.31 as of Dec. 2012. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Greenlite Ventures and its competitors.
Is Greenlite Ventures' Book Value per Share too high?
Greenlite Ventures' current Book Value per Share is $-17.31.
How does Greenlite Ventures' Book Value per Share compare to OCLN and HDII?
Greenlite Ventures' Book Value per Share of $-17.31 can be compared against companies in the Manufacturing - Apparel & Accessories industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Manufacturing - Apparel & Accessories company?
A good Book Value per Share depends on the Manufacturing - Apparel & Accessories industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on Greenlite Ventures and its competitors. Greenlite Ventures's current Book Value per Share is $-17.31. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Greenlite Ventures stock overvalued right now?
Greenlite Ventures (GRNL) has a current Book Value per Share of $-17.31. The current Book Value per Share is $-17.31. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For Greenlite Ventures (GRNL), the current Book Value per Share is $-17.31 as of Dec. 2012. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Greenlite Ventures Business Description

Address 1407 Foothill boulevard, Suite 305, La Verne, CA, USA, 91750
Greenlite Ventures Inc acquired Artinian LLC which owns Game Time Watches and Game Time Band, a manufacturer and designer of sports licensed watches and watch bands. The Company is conducting active operations as per the Assets Purchase Agreement in both Tarrytown, NY and Boca Raton, Florida. The company earns revenue from the sale of watches, the sale of watch bands, and licensing fees. The Company launched its podcast operations with the airing of DeForrest's Morning Briefing show alongside focusing on developing transformative software and crypto solutions for the gaming and crypto industries.