What is Lamar Advertising Co Book Value per Share?
Lamar Advertising Co's book value per share for the quarter that ended in Sep. 2024 was $11.84.
During the past 12 months, Lamar Advertising Co's average Book Value Per Share Growth Rate was 1.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 1.90% 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 Lamar Advertising Co was 253.70% per year. The lowest was -17.80% per year. And the median was 2.00% per year.
During the past 13 years, the highest P/B Ratio of Lamar Advertising Co was 11.50. The lowest was 3.37. And the median was 6.93.
Warning Sign:
Lamar Advertising Co stock PB Ratio (=10.89) is close to 10-year high of 11.5
Lamar Advertising Co Book Value per Share Historical Data
The historical data trend for Lamar Advertising Co'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 Lamar Advertising Co's Book Value per Share
For the REIT - Specialty subindustry, Lamar Advertising Co'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.
Lamar Advertising Co's PB Ratio Distribution in the REITs Industry
For the REITs industry and Real Estate sector, Lamar Advertising Co's PB Ratio distribution charts can be found below:
* The bar in red indicates where Lamar Advertising Co's PB Ratio falls into.
Lamar Advertising Co Book Value per Share Calculation
Lamar Advertising Co'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.
Lamar Advertising Co (NAS:LAMR) 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.
Lamar Advertising Co Book Value per Share Related Terms
Thank you for viewing the detailed overview of Lamar Advertising Co's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Lamar Advertising Co is an outdoor advertising company organized as a real estate investment trust for U.S. federal income tax purposes. Lamar's core revenue-generating activity is leasing space for advertising on billboards, buses, shelters, benches, logo plates, and airport terminals through short-term agreements. The company is involved in this process from ad copy production to the placement and maintenance of physical advertisements. The vast majority of Lamar's revenue comes from renting ad space on its portfolio of static and digital roadside billboard displays in the U.S. The states of Pennsylvania and Texas house a proportion of these. The company's customers are restaurant, service, healthcare, and retail firms in terms of total revenue.
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