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Okea ASA (OSL:OKEA) Book Value per Share : kr6.51 (As of Mar. 2024)


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What is Okea ASA Book Value per Share?

Okea ASA's book value per share for the quarter that ended in Mar. 2024 was kr6.51.

During the past 12 months, Okea ASA's average Book Value Per Share Growth Rate was -69.30% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -12.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -9.90% 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.

During the past 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Okea ASA was 210.60% per year. The lowest was -12.90% per year. And the median was 2.15% per year.

Okea ASA's current price is kr25.32. Its book value per share for the quarter that ended in Mar. 2024 was kr6.51. Hence, today's PB Ratio of Okea ASA is 3.89.

During the past 9 years, the highest P/B Ratio of Okea ASA was 4.16. The lowest was 0.42. And the median was 1.49.

Warning Sign:

Okea ASA stock PB Ratio (=3.94) is close to 5-year high of 4.16


Okea ASA Book Value per Share Historical Data

The historical data trend for Okea ASA'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.

Okea ASA Book Value per Share Chart

Okea ASA Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only 16.47 10.56 16.45 20.00 6.98

Okea ASA Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 21.18 20.84 20.15 6.98 6.51

Competitive Comparison of Okea ASA's Book Value per Share

For the Oil & Gas E&P subindustry, Okea ASA'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.


Okea ASA's PB Ratio Distribution in the Oil & Gas Industry

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

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



Okea ASA Book Value per Share Calculation

Okea ASA's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(726-0)/104
=6.98

Okea ASA's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(676-0)/104
=6.51

* 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.


Okea ASA  (OSL:OKEA) 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.


Okea ASA Book Value per Share Related Terms

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Okea ASA (OSL:OKEA) Business Description

Industry
Traded in Other Exchanges
Address
Kongens Gate 8, Trondheim, NOR, 7011
Okea ASA is an independent oil producer. The company's only reportable segment is the development and production of oil and gas on the Norwegian Continental Shelf. Its operation includes Draugen Field, Gjoa Field, Ivar Aasen, Grevling and Yme.

Okea ASA (OSL:OKEA) Headlines

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