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Metromile (Metromile) Book Value per Share : $1.21 (As of Mar. 2022)


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What is Metromile Book Value per Share?

Metromile's book value per share for the quarter that ended in Mar. 2022 was $1.21.

During the past 12 months, Metromile's average Book Value Per Share Growth Rate was -42.70% 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.

Metromile's current price is $1.05. Its book value per share for the quarter that ended in Mar. 2022 was $1.21. Hence, today's PB Ratio of Metromile is 0.87.

During the past 2 years, the highest P/B Ratio of Metromile was 6.72. The lowest was 0.65. And the median was 1.73.


Metromile Book Value per Share Historical Data

The historical data trend for Metromile'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.

Metromile Book Value per Share Chart

Metromile Annual Data
Trend Dec20 Dec21
Book Value per Share
-2.85 1.45

Metromile Quarterly Data
Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Book Value per Share Get a 7-Day Free Trial Premium Member Only 2.11 1.86 1.70 1.45 1.21

Competitive Comparison of Metromile's Book Value per Share

For the Insurance - Property & Casualty subindustry, Metromile'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.


Metromile's PB Ratio Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Metromile's PB Ratio distribution charts can be found below:

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



Metromile Book Value per Share Calculation

Metromile's Book Value Per Share for the fiscal year that ended in Dec. 2021 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(186.4-0.0)/128.2
=1.45

Metromile's Book Value Per Share for the quarter that ended in Mar. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(157.6-0.0)/130.2
=1.21

* 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.


Metromile  (NAS:MILE) 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.


Metromile Book Value per Share Related Terms

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Metromile (Metromile) Business Description

Traded in Other Exchanges
N/A
Address
425 Market Street, Suite 700, San Francisco, CA, USA, 94105
Metromile Inc is a digital insurance platform in the United States. It offers real-time, personalized auto insurance policies by the mile. Metromile's digitally native offering is built around the modern driver's needs, featuring automated claims, complimentary smart driving features and annual average savings of 47% over what they were paying their previous auto insurer.
Executives
David A Friedberg director 800 N. LINDBERGH BLVD., ST. LOUIS MO 63167
Sandra Marie Clarke director 53 HIDDEN OAKS DRIVE LAFAYETTE CA 94549
John Miles Butler director 2929 ARCH STREET, SUITE 1703, PHILADELPHIA PA 19104
Regi Vengalil officer: Chief Financial Officer 411 1ST AVENUE SOUTH, SUITE 501, SEATTLE WA 98104
Mark Gundacker officer: Chief People Officer C/O METROMILE, INC. 425 MARKET STREET, SUITE 700 SAN FRANCISCO CA 94105
Paw Andersen officer: Chief Technology Officer C/O METROMILE, INC. 425 MARKET STREET, SUITE 700 SAN FRANCISCO CA 94105
Dan Preston director, officer: Chief Executive Officer C/O METROMILE, INC., 425 MARKET STREET, SUITE 700, SAN FRANCISCO CA 94105
Jesse Mckendry officer: VP, Insurance C/O METROMILE, INC. 425 MARKET STREET, SUITE 700 SAN FRANCISCO CA 94105
Lindsay Alexovich officer: Chief Accounting Officer C/O METROMILE, INC. 425 MARKET STREET, SUITE 700 SAN FRANCISCO CA 94105
Bryant Colin director 2855 SAND HILL ROAD MENLO PARK CA 94025
Vikas Singhal director 2187 ATLANTIC STREET, FOURTH FLOOR, STAMFORD CT 06902
Ryan Graves director C/O ICONIQ CAPITAL, 15 E. 26TH STREET, SUITE 602, NEW YORK NY 10010
Betsy Z Cohen director
Dioptra Advisors Ii, Llc 10 percent owner 2929 ARCH STREET STE 1703 PHILADELPHIA PA 19104
Insurance Acquisition Sponsor Ii, Llc 10 percent owner 2929 ARCH STREET STE 1703 PHILADELPHIA PA 19104