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Logistics Innovation Technologies (Logistics Innovation Technologies) Book Value per Share : $7.82 (As of Mar. 2023)


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What is Logistics Innovation Technologies Book Value per Share?

Logistics Innovation Technologies's book value per share for the quarter that ended in Mar. 2023 was $7.82.

During the past 12 months, Logistics Innovation Technologies's average Book Value Per Share Growth Rate was 2.90% 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.

Logistics Innovation Technologies's current price is $10.24. Its book value per share for the quarter that ended in Mar. 2023 was $7.82. Hence, today's PB Ratio of Logistics Innovation Technologies is 1.31.

During the past 2 years, the highest P/B Ratio of Logistics Innovation Technologies was 1.33. The lowest was 0.00. And the median was 0.00.


Logistics Innovation Technologies Book Value per Share Historical Data

The historical data trend for Logistics Innovation Technologies'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.

* Premium members only.

Logistics Innovation Technologies Book Value per Share Chart

Logistics Innovation Technologies Annual Data
Trend Dec21 Dec22
Book Value per Share
7.40 7.79

Logistics Innovation Technologies Quarterly Data
Feb21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23
Book Value per Share Get a 7-Day Free Trial Premium Member Only 7.60 7.68 7.73 7.79 7.82

Competitive Comparison of Logistics Innovation Technologies's Book Value per Share

For the Shell Companies subindustry, Logistics Innovation Technologies'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.


Logistics Innovation Technologies's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Logistics Innovation Technologies's PB Ratio distribution charts can be found below:

* The bar in red indicates where Logistics Innovation Technologies's PB Ratio falls into.



Logistics Innovation Technologies Book Value per Share Calculation

Logistics Innovation Technologies's Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(332.07-0.00)/42.61
=7.79

Logistics Innovation Technologies's Book Value Per Share for the quarter that ended in Mar. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(333.34-0.00)/42.61
=7.82

* 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.


Logistics Innovation Technologies  (NAS:LITT) 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.


Logistics Innovation Technologies Book Value per Share Related Terms

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Logistics Innovation Technologies (Logistics Innovation Technologies) Business Description

Traded in Other Exchanges
N/A
Address
3495 Piedmont Road North East, Boulevard 11, Suite 710, One Piedmont Center, Atlanta, GA, USA, 30305
Website
Logistics Innovation Technologies Corp is a blank check company.
Executives
Andrew C Clarke director 430 AIRPORT ROAD, GREENVILLIE TN 37745
Chris T. Sultemeier director 1650 JOHN KING BLVD, #3602, ROCKWALL TX 75032
Alan Gershenhorn director, officer: CEO and Chairman 55 GLENLAKE PARKWAY NE, ATLANTA GA 30328
Isaac Applbaum 10 percent owner 65 CHALLENGER ROAD, C/O VECTOR INTERSECT SECURITY ACQ. CORP., RIDGEFILED PARK NJ 07660
Bruno Sidler director 15350 VICKERY DRIVE, HOUSTON TX 77032
1p Management Llc director, 10 percent owner 3348 PEACHTREE ROAD, SUITE 700, ATLANTA GA 30326