Laser Photonics's book value per share for the quarter that ended in Mar. 2024 was $1.29.
During the past 12 months, Laser Photonics's average Book Value Per Share Growth Rate was -36.80% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 29.50% 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 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Laser Photonics was 179.10% per year. The lowest was 29.50% per year. And the median was 104.30% per year.
Laser Photonics's current price is $1.99. Its book value per share for the quarter that ended in Mar. 2024 was $1.29. Hence, today's PB Ratio of Laser Photonics is 1.54.
During the past 5 years, the highest P/B Ratio of Laser Photonics was 5.98. The lowest was 0.36. And the median was 1.46.
Laser Photonics Book Value per Share Historical Data
The historical data trend for Laser Photonics'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 Laser Photonics's Book Value per Share
For the Specialty Industrial Machinery subindustry, Laser Photonics'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.
Laser Photonics's PB Ratio Distribution in the Industrial Products Industry
For the Industrial Products industry and Industrials sector, Laser Photonics's PB Ratio distribution charts can be found below:
* The bar in red indicates where Laser Photonics's PB Ratio falls into.
Laser Photonics Book Value per Share Calculation
Laser Photonics'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.
Laser Photonics (NAS:LASE) 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.
Laser Photonics Book Value per Share Related Terms
Thank you for viewing the detailed overview of Laser Photonics's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Laser Photonics (Laser Photonics) Business Description
Laser Photonics Corp is an integrated manufacturing company for photonics-based industrial products and solutions, primarily laser cleaning technologies. Its laser-blasting technologies are focused on disrupting the sandblasting and abrasives blasting markets. The company offers a portfolio of integrated laser-blasting solutions for corrosion control, rust removal, de-coating, pre-welding and post-welding, laser cleaning, and surface conditioning. Its laser-blasting solutions are applicable in every industry dealing with materials processing, including automotive, aerospace, healthcare, consumer products, shipbuilding, aerospace, heavy industry, machine manufacturing, nuclear maintenance and de-commissioning, and surface coating.
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