Parkit Enterprise (Parkit Enterprise) Book Value per Share : $0.48 (As of Mar. 2024)

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What is Parkit Enterprise Book Value per Share?

Parkit Enterprise's book value per share for the quarter that ended in Mar. 2024 was $0.48.

During the past 12 months, Parkit Enterprise's average Book Value Per Share Growth Rate was -2.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 14.30% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.80% 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 Parkit Enterprise was 160.80% per year. The lowest was -6.20% per year. And the median was 4.80% per year.

Parkit Enterprise's current price is $0.43. Its book value per share for the quarter that ended in Mar. 2024 was $0.48. Hence, today's PB Ratio of Parkit Enterprise is 0.89.

During the past 13 years, the highest P/B Ratio of Parkit Enterprise was 20.33. The lowest was 0.14. And the median was 0.76.

Parkit Enterprise Book Value per Share Historical Data

The historical data trend for Parkit Enterprise'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.

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Parkit Enterprise Book Value per Share Chart

Parkit Enterprise Annual Data

Trend

Oct14

Oct15

Oct16

Oct17

Oct18

Oct19

Oct20

Dec21

Dec22

Dec23

Book Value per Share

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0.45

0.33

0.53

0.50

0.49

Parkit Enterprise Quarterly Data
	Apr19	Jul19	Oct19	Jan20	Apr20	Jul20	Oct20	Mar21	Jun21	Sep21	Dec21	Mar22	Jun22	Sep22	Dec22	Mar23	Jun23	Sep23	Dec23	Mar24
Book Value per Share	Get a 7-Day Free Trial															0.49	0.51	0.50	0.49	0.48

Competitive Comparison of Parkit Enterprise's Book Value per Share

For the Real Estate Services subindustry, Parkit Enterprise'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.

Parkit Enterprise's PB Ratio Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Parkit Enterprise's PB Ratio distribution charts can be found below:

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

Parkit Enterprise Book Value per Share Calculation

Parkit Enterprise'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)
	=	(111.20	-	0.00)	/	227.89
	=	0.49

Parkit Enterprise'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)
	=	(110.33	-	0.00)	/	227.88
	=	0.48

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.

Parkit Enterprise (OTCPK:PKTEF) 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.

Parkit Enterprise Book Value per Share Related Terms

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Parkit Enterprise (Parkit Enterprise) Business Description

Industry

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PKT:Canada

Address

100 Canadian Road, Scarborough, ON, CAN, M1R 4Z5

Website

https://www.parkitenterprise.com

Parkit Enterprise Inc is an industrial real estate platform. It is focused on the acquisition, growth, and management of strategically located industrial properties across key markets in Canada, with a focus on the Greater Toronto Area (GTA), Ottawa, and Montreal, to complement its parking assets across the United States. The Company operates in two reportable business segments: Investment Properties which involves the acquisition and management of income producing industrial properties across key markets in Canada. Parking Assets which involves the acquisition and management of income producing parking facilities across the United States.