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Polaris Renewable Energy (Polaris Renewable Energy) Book Value per Share : $12.84 (As of Mar. 2024)


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What is Polaris Renewable Energy Book Value per Share?

Polaris Renewable Energy's book value per share for the quarter that ended in Mar. 2024 was $12.84.

During the past 12 months, Polaris Renewable Energy's average Book Value Per Share Growth Rate was -1.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -2.80% per year. During the past 5 years, the average Book Value Per Share Growth Rate was -0.50% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -28.00% 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 Polaris Renewable Energy was 43.60% per year. The lowest was -76.20% per year. And the median was -5.30% per year.

Polaris Renewable Energy's current price is $9.285. Its book value per share for the quarter that ended in Mar. 2024 was $12.84. Hence, today's PB Ratio of Polaris Renewable Energy is 0.72.

During the past 13 years, the highest P/B Ratio of Polaris Renewable Energy was 1.33. The lowest was 0.01. And the median was 0.79.

Good Sign:

Polaris Renewable Energy Inc stock PB Ratio (=0.71) is close to 3-year low of 0.65


Polaris Renewable Energy Book Value per Share Historical Data

The historical data trend for Polaris Renewable Energy'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.

Polaris Renewable Energy Book Value per Share Chart

Polaris Renewable Energy 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 13.32 14.56 13.46 12.83 12.79

Polaris Renewable Energy 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 12.90 12.98 12.88 12.79 12.84

Competitive Comparison of Polaris Renewable Energy's Book Value per Share

For the Utilities - Renewable subindustry, Polaris Renewable Energy'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.


Polaris Renewable Energy's PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Polaris Renewable Energy's PB Ratio distribution charts can be found below:

* The bar in red indicates where Polaris Renewable Energy's PB Ratio falls into.



Polaris Renewable Energy Book Value per Share Calculation

Polaris Renewable Energy'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)
=(269.34-0.00)/21.06
=12.79

Polaris Renewable Energy'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)
=(270.61-0.00)/21.08
=12.84

* 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.


Polaris Renewable Energy  (OTCPK:RAMPF) 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.


Polaris Renewable Energy Book Value per Share Related Terms

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Polaris Renewable Energy (Polaris Renewable Energy) Business Description

Traded in Other Exchanges
Address
7 St. Thomas Street, Suite 606, Toronto, ON, CAN, M5S 2B7
Polaris Renewable Energy Inc is engaged in the acquisition, exploration, development and operation of renewable energy projects in the Americas. The Company operates in five reportable operating segments: 1) Nicaragua which includes the acquisition, exploration, development and operation of a geothermal project; 2) Peru which includes the acquisition, exploration, development and operation of hydroelectric projects; 3) Panama which includes acquisition, development and operation of solar projects; 4) Dominican Republic which includes acquisition, development and operation of solar projects; 5) Ecuador which includes acquisition, exploration, development and operation of hydroelectric projects.