Heritage Global's book value per share for the quarter that ended in Sep. 2024 was $1.82.
During the past 12 months, Heritage Global's average Book Value Per Share Growth Rate was 19.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 25.10% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 44.40% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 15.60% 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 Heritage Global was 114.90% per year. The lowest was -57.80% per year. And the median was 29.90% per year.
Heritage Global's current price is $1.75. Its book value per share for the quarter that ended in Sep. 2024 was $1.82. Hence, today's PB Ratio of Heritage Global is 0.96.
During the past 13 years, the highest P/B Ratio of Heritage Global was 7.87. The lowest was 0.42. And the median was 2.15.
Good Sign:
Heritage Global Inc stock PB Ratio (=0.96) is close to 5-year low of 0.89
Heritage Global Book Value per Share Historical Data
The historical data trend for Heritage Global'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 Heritage Global's Book Value per Share
For the Capital Markets subindustry, Heritage Global'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.
Heritage Global's PB Ratio Distribution in the Capital Markets Industry
For the Capital Markets industry and Financial Services sector, Heritage Global's PB Ratio distribution charts can be found below:
* The bar in red indicates where Heritage Global's PB Ratio falls into.
Heritage Global Book Value per Share Calculation
Heritage Global'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.
Heritage Global (NAS:HGBL) 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.
Heritage Global Book Value per Share Related Terms
Thank you for viewing the detailed overview of Heritage Global's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Heritage Global Inc values and monetizes industrial and financial assets by providing acquisition, disposition, valuation, and lending services for surplus and distressed assets. It aids in facilitating the economy by diverting useful industrial assets from landfills and operating a supply chain by overseeing the post-sale account activity of financial assets. The group operates in four segments namely Auction and Liquidation; Refurbishment and Resale; Brokerage and Specialty Lending. It generates maximum revenue from the Auction and Liquidation segment. The Auction and Liquidation segment, through HGP, operates as a global full-service auction, appraisal, and asset advisory firm, including the acquisition of turnkey manufacturing facilities and used industrial machinery and equipment.
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