MCRAA (McRae Industries) Book Value per Share: $38.46 (As of Jul. 2023)

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MCRAA McRae Industries Inc MCRAA
12 GF Score
Price $50.80
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What is McRae Industries Book Value per Share?

McRae Industries MCRAA +0.59% 12 Book Value per Share is $38.46 as of Jul. 2023. GuruFocus rates MCRAA with a GF Score™ of 12/100.

McRae Industries's book value per share for the quarter that ended in Jul. 2023 was $38.46.

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.

McRae Industries's current price is $50.80. Its book value per share for the quarter that ended in Jul. 2023 was $38.46. Hence, today's PB Ratio of McRae Industries is 1.32.


McRae Industries  (OTCPK:MCRAA) 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.


McRae Industries Book Value per Share Related Terms


McRae Industries Book Value per Share Historical Data

* Premium members only.

The historical data trend for McRae Industries'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.

McRae Industries Book Value per Share Chart

McRae Industries Annual Data
Trend Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 12.35 13.36 0.00 35.95 38.46

McRae Industries Semi-Annual Data
Jul89 Jul90 Jul91 Jul92 Jul93 Jul94 Jul95 Jul96 Jul97 Jul98 Jul99 Jul00 Jul01 Jul02 Jul03 Jul04 Jul05 Jul21 Jul22 Jul23
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 12.35 13.36 0.00 35.95 38.46

MCRAA vs RCKY, DBI, VRA: Book Value per Share Comparison

For the Footwear & Accessories subindustry, McRae Industries'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.


McRae Industries PB Ratio vs Manufacturing - Apparel & Accessories Industry

For the Manufacturing - Apparel & Accessories industry and Consumer Cyclical sector, McRae Industries's PB Ratio distribution charts can be found below:

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


MCRAA
12GF Score
McRae Industries Inc MCRAA
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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McRae Industries Book Value per Share Calculation

McRae Industries's Book Value Per Share for the fiscal year that ended in Jul. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(86.9-0.0)/2.3
=38.46

McRae Industries's Book Value Per Share for the quarter that ended in Jul. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(86.9-0.0)/2.3
=38.46

* 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 $38.46 mean?
McRae Industries (MCRAA) has a Book Value per Share of $38.46 as of Jul. 2023. Book value per share gives the per-share value of a company's stockholder equity. View historical data on McRae Industries and its competitors.
Is McRae Industries' Book Value per Share too high?
McRae Industries' current Book Value per Share is $38.46. Overall, McRae Industries has a GF Score™ of 12/100, reflecting its overall financial health beyond just this single metric.
How does McRae Industries' Book Value per Share compare to RCKY and DBI?
McRae Industries' Book Value per Share of $38.46 can be compared against companies in the Manufacturing - Apparel & Accessories 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 a Manufacturing - Apparel & Accessories company?
A good Book Value per Share depends on the Manufacturing - Apparel & Accessories 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 McRae Industries and its competitors. McRae Industries's current Book Value per Share is $38.46. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is McRae Industries stock overvalued right now?
McRae Industries (MCRAA) has a current Book Value per Share of $38.46. The current Book Value per Share is $38.46. McRae Industries' overall GF Score™ is 12/100. 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 McRae Industries (MCRAA), the current Book Value per Share is $38.46 as of Jul. 2023. 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.

McRae Industries Business Description

Address 400 North Main Street, P.O. Box 1239, Mount Gilead, NC, USA, 27306
McRae Industries Inc operates in the footwear industry. It is engaged in the manufacturing, sales, and distribution of boot products targeted to the western lifestyle and work boot markets. The company also manufactures military combat boots for the U.S. Government and operates other smaller businesses. It has a wholly owned subsidiary that designs, markets, and distributes men's, women's, and children's footwear under the following brands: Dan Post, Laredo Western Boots, Dingo, and McRae Footwear.
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