HOVR (New Horizon Aircraft) Book Value per Share: $0.77 (As of May. 2026)

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HOVR New Horizon Aircraft Ltd HOVR
14 GF Score
Price $1.91
! 1 Warning Sign
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What is New Horizon Aircraft Book Value per Share?

New Horizon Aircraft HOVR -4.02% 14 Book Value per Share is $0.77 as of May. 2026. GuruFocus rates HOVR with a GF Score™ of 14/100. The stock has 1 warning sign investors should review.

New Horizon Aircraft's book value per share for the quarter that ended in May. 2026 was $0.77.

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 New Horizon Aircraft was -11.00% per year. The lowest was -11.00% per year. And the median was -11.00% per year.

New Horizon Aircraft's current price is $1.91. Its book value per share for the quarter that ended in May. 2026 was $0.77. Hence, today's PB Ratio of New Horizon Aircraft is 2.50.

During the past 5 years, the highest P/B Ratio of New Horizon Aircraft was 2.60. The lowest was 0.00. And the median was 0.00.


New Horizon Aircraft  (NAS:HOVR) 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.


New Horizon Aircraft Book Value per Share Related Terms


New Horizon Aircraft Book Value per Share Historical Data

* Premium members only.

The historical data trend for New Horizon Aircraft'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.

New Horizon Aircraft Book Value per Share Chart

New Horizon Aircraft Annual Data
Trend May22 May23 May24 May25 May26
Book Value per Share
-0.06 -0.02 -0.71 -0.08 0.77

New Horizon Aircraft Quarterly Data
May22 Dec22 May23 Dec23 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26 May26
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 -0.08 0.08 0.13 0.13 0.77

HOVR vs VWAV, CODA, BYRN: Book Value per Share Comparison

For the Aerospace & Defense subindustry, New Horizon Aircraft'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.


New Horizon Aircraft PB Ratio vs Aerospace & Defense Industry

For the Aerospace & Defense industry and Industrials sector, New Horizon Aircraft's PB Ratio distribution charts can be found below:

* The bar in red indicates where New Horizon Aircraft's PB Ratio falls into.


HOVR
14GF Score
New Horizon Aircraft Ltd HOVR
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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New Horizon Aircraft Book Value per Share Calculation

New Horizon Aircraft's Book Value Per Share for the fiscal year that ended in May. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(51.84-4.58)/61.76
=0.77

New Horizon Aircraft's Book Value Per Share for the quarter that ended in May. 2026 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(51.84-4.58)/61.76
=0.77

* 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 $0.77 mean?
New Horizon Aircraft (HOVR) has a Book Value per Share of $0.77 as of May. 2026. Book value per share gives the per-share value of a company's stockholder equity. View historical data on New Horizon Aircraft and its competitors.
Is New Horizon Aircraft's Book Value per Share too high?
New Horizon Aircraft's current Book Value per Share is $0.77. Overall, New Horizon Aircraft has a GF Score™ of 14/100, reflecting its overall financial health beyond just this single metric.
How does New Horizon Aircraft's Book Value per Share compare to VWAV and CODA?
New Horizon Aircraft's Book Value per Share of $0.77 can be compared against companies in the Aerospace & Defense 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 an Aerospace & Defense company?
A good Book Value per Share depends on the Aerospace & Defense 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 New Horizon Aircraft and its competitors. New Horizon Aircraft's current Book Value per Share is $0.77. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Horizon Aircraft stock overvalued right now?
New Horizon Aircraft (HOVR) has a current Book Value per Share of $0.77. The current Book Value per Share is $0.77. New Horizon Aircraft's overall GF Score™ is 14/100 with 1 warning sign to review. 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 New Horizon Aircraft (HOVR), the current Book Value per Share is $0.77 as of May. 2026. 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.

New Horizon Aircraft Business Description

Address 3187 Highway 35, Lindsay, ON, CAN, K9V 4R1
New Horizon Aircraft Ltd is an aerospace Original Equipment Manufacturer that is designing and building a next-generation hybrid electric vertical take-off and landing aircraft for the regional air mobility market. Its aircraft will offer a more efficient way to move people and goods at a regional scale, help to connect remote communities, and advance its ability to deal with an increasing number of climate-related natural disasters such as wildfires, floods, and droughts. The company aims to deliver a hybrid electric 7-seat aircraft, called the Cavorite X7, that can take off and land vertically like and helicopter.
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Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$1.91
Price