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Hofseth BioCare ASA (OSTO:HBCO) Book Value per Share : kr0.40 (As of Mar. 2024)


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What is Hofseth BioCare ASA Book Value per Share?

Hofseth BioCare ASA's book value per share for the quarter that ended in Mar. 2024 was kr0.40.

During the past 12 months, Hofseth BioCare ASA's average Book Value Per Share Growth Rate was 38.00% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -47.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -14.80% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -8.10% 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 Hofseth BioCare ASA was 66.20% per year. The lowest was -47.70% per year. And the median was -27.20% per year.

Hofseth BioCare ASA's current price is kr2.04. Its book value per share for the quarter that ended in Mar. 2024 was kr0.40. Hence, today's PB Ratio of Hofseth BioCare ASA is 5.15.

During the past 13 years, the highest P/B Ratio of Hofseth BioCare ASA was 39.83. The lowest was 2.39. And the median was 9.66.


Hofseth BioCare ASA Book Value per Share Historical Data

The historical data trend for Hofseth BioCare 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.

Hofseth BioCare ASA Book Value per Share Chart

Hofseth BioCare ASA Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.36 0.74 0.39 0.38 0.11

Hofseth BioCare 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 0.29 0.30 0.24 0.11 0.40

Competitive Comparison of Hofseth BioCare ASA's Book Value per Share

For the Biotechnology subindustry, Hofseth BioCare 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.


Hofseth BioCare ASA's PB Ratio Distribution in the Biotechnology Industry

For the Biotechnology industry and Healthcare sector, Hofseth BioCare ASA's PB Ratio distribution charts can be found below:

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



Hofseth BioCare ASA Book Value per Share Calculation

Hofseth BioCare 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)
=(41.8-0.0)/395.1
=0.11

Hofseth BioCare 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)
=(156.4-0.0)/395.1
=0.40

* 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.


Hofseth BioCare ASA  (OSTO:HBCO) 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.


Hofseth BioCare ASA Book Value per Share Related Terms

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Hofseth BioCare ASA (OSTO:HBCO) Business Description

Traded in Other Exchanges
Address
Kipervikgata 13, Aalesund, NOR, 6003
Hofseth BioCare ASA is a Norway based company engaged in the business of development, manufacturing, marketing and sale of marine ingredients such as oil, calcium and protein products. It is also involved in cooperation, participation, and ownership in the businesses engaged in related activities. The group operates in the business segment of producing salmon oil, soluble protein, calcium, and nonwater soluble protein. The brands under the company are OmeGo, PetGo, ProGo, and CalGo. The firm sells products to various segments of the human nutrition market such as sports nutrition, supplements, and health foods, as well as to the market within nutrition to pet and feed industry. It generates the majority of the revenue from the sale of salmon oil internationally.

Hofseth BioCare ASA (OSTO:HBCO) Headlines

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