Methode Electronics's book value per share for the quarter that ended in Jan. 2024 was $23.54.
During the past 12 months, Methode Electronics's average Book Value Per Share Growth Rate was -10.00% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 7.60% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 9.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 12.30% 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 Methode Electronics was 25.00% per year. The lowest was -11.00% per year. And the median was 9.50% per year.
During the past 13 years, the highest P/B Ratio of Methode Electronics was 4.18. The lowest was 0.49. And the median was 2.00.
Good Sign:
Methode Electronics Inc stock PB Ratio (=0.52) is close to 10-year low of 0.49
Methode Electronics Book Value per Share Historical Data
The historical data trend for Methode Electronics'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 Methode Electronics's Book Value per Share
For the Electronic Components subindustry, Methode Electronics'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.
Methode Electronics's PB Ratio Distribution in the Hardware Industry
For the Hardware industry and Technology sector, Methode Electronics's PB Ratio distribution charts can be found below:
* The bar in red indicates where Methode Electronics's PB Ratio falls into.
Methode Electronics Book Value per Share Calculation
Methode Electronics's Book Value Per Share for the fiscal year that ended in Apr. 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.
Methode Electronics (NYSE:MEI) 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.
Methode Electronics Book Value per Share Related Terms
Thank you for viewing the detailed overview of Methode Electronics's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Methode Electronics (Methode Electronics) Business Description
Methode Electronics Inc makes component and subsystem devices employing electrical, radio remote control, electronic, wireless, and sensing technologies. The firm is organized in various business segments: Automotive, Industrial, interface and Medical. The Automotive segment supplies electronic and electro-mechanical devices and related products to automobile. The Industrial segment manufactures external lighting solutions, industrial safety radio remote controls, braided flexible cables and custom power-product assemblies. The Interface segment provides a variety of copper and fiber-optic interface and interface solutions. The Medical segment is made up of the Company's medical device business, Dabir Surfaces, its surface support technology aimed at pressure injury prevention.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
MEI has been successfully added to your 