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Fairvest (JSE:FTA) Book Value per Share : R5.16 (As of Mar. 2024)


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What is Fairvest Book Value per Share?

Fairvest's book value per share for the quarter that ended in Mar. 2024 was R5.16.

During the past 12 months, Fairvest's average Book Value Per Share Growth Rate was 0.10% 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.

Fairvest's current price is R15.20. Its book value per share for the quarter that ended in Mar. 2024 was R5.16. Hence, today's PB Ratio of Fairvest is 2.94.

During the past 2 years, the highest P/B Ratio of Fairvest was 3.25. The lowest was 0.00. And the median was 0.00.


Fairvest Book Value per Share Historical Data

The historical data trend for Fairvest'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.

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Fairvest Book Value per Share Chart

Fairvest Annual Data
Trend Jun21 Sep23
Book Value per Share
1.47 5.17

Fairvest Semi-Annual Data
Jun21 Mar23 Sep23 Mar24
Book Value per Share 1.47 5.15 5.17 5.16

Competitive Comparison of Fairvest's Book Value per Share

For the REIT - Retail subindustry, Fairvest'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.


Fairvest's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Fairvest's PB Ratio distribution charts can be found below:

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



Fairvest Book Value per Share Calculation

Fairvest's Book Value Per Share for the fiscal year that ended in Sep. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(7,713-0)/1,493
=5.17

Fairvest's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(7,711-0)/1,496
=5.15

* 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.


Fairvest  (JSE:FTA) 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.


Fairvest Book Value per Share Related Terms

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Fairvest (JSE:FTA) Business Description

Industry
Traded in Other Exchanges
Address
34 Bree Street, 8th Floor, The Terraces, Cape Town, WC, ZAF, 8001
Fairvest Ltd is a real estate investment trust investing in the quality retail asset. The fairvest property portfolio consists of properties across South Africa. It has five operating segments Office, Industrial, Retail, Residential & Overhead. The majority is from the Retail segment. Geographically, it is located in South Africa.

Fairvest (JSE:FTA) Headlines