NGHI (New Green Hemp) Book Value per Share: $0.02 (As of Mar. 2019)

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What is New Green Hemp Book Value per Share?

New Green Hemp NGHI Book Value per Share is $0.02 as of Mar. 2019.

New Green Hemp's book value per share for the quarter that ended in Mar. 2019 was $0.02.

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.

New Green Hemp's current price is $1.7873. Its book value per share for the quarter that ended in Mar. 2019 was $0.02. Hence, today's PB Ratio of New Green Hemp is 81.24.


New Green Hemp  (OTCPK:NGHI) 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.


New Green Hemp Book Value per Share Related Terms


New Green Hemp Book Value per Share Historical Data

* Premium members only.

The historical data trend for New Green Hemp'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.

New Green Hemp Book Value per Share Chart

New Green Hemp Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Book Value per Share
Get a 7-Day Free Trial 1.46 3.62 -0.16 -2.07 -0.27

New Green Hemp Quarterly Data
Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19
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 0.13 -0.60 0.83 -0.24 0.02

NGHI vs PKDSQ, FSNR, ESES: Book Value per Share Comparison

For the Oil & Gas Equipment & Services subindustry, New Green Hemp'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.


New Green Hemp PB Ratio vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, New Green Hemp's PB Ratio distribution charts can be found below:

* The bar in red indicates where New Green Hemp's PB Ratio falls into.



New Green Hemp Book Value per Share Calculation

New Green Hemp's Book Value Per Share for the fiscal year that ended in Dec. 2018 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(-0.02-0.04)/0.22
=-0.27

New Green Hemp's Book Value Per Share for the quarter that ended in Mar. 2019 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(0.03-0.02)/0.32
=0.02

* 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 $0.02 mean?
New Green Hemp (NGHI) has a Book Value per Share of $0.02 as of Mar. 2019. Book value per share gives the per-share value of a company's stockholder equity. View historical data on New Green Hemp and its competitors.
Is New Green Hemp's Book Value per Share too high?
New Green Hemp's current Book Value per Share is $0.02.
How does New Green Hemp's Book Value per Share compare to PKDSQ and FSNR?
New Green Hemp's Book Value per Share of $0.02 can be compared against companies in the Oil & Gas 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 an Oil & Gas company?
A good Book Value per Share depends on the Oil & Gas 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 New Green Hemp and its competitors. New Green Hemp's current Book Value per Share is $0.02. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is New Green Hemp stock overvalued right now?
New Green Hemp (NGHI) has a current Book Value per Share of $0.02. The current Book Value per Share is $0.02. 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 New Green Hemp (NGHI), the current Book Value per Share is $0.02 as of Mar. 2019. 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.

New Green Hemp Business Description

Industry EnergyOil & Gas
Address 4362 Mahan Drive, Tallahassee, FL, USA, 32308
New Green Hemp Incis focused on developing and acquiring businesses that fit into the disruptive business model of Developing, Scaling, and Financing (DSF) within synergistic industries and focused business groups.