GURUFOCUS.COM » STOCK LIST » Consumer Cyclical » Vehicles & Parts » Electrameccanica Vehicles Corp Ltd (NAS:SOLO) » Definitions » Book Value per Share

Electrameccanica Vehicles (Electrameccanica Vehicles) Book Value per Share : $0.61 (As of Dec. 2023)


View and export this data going back to 2017. Start your Free Trial

What is Electrameccanica Vehicles Book Value per Share?

Electrameccanica Vehicles's book value per share for the quarter that ended in Dec. 2023 was $0.61.

During the past 12 months, Electrameccanica Vehicles's average Book Value Per Share Growth Rate was -42.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -23.60% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 12.80% 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 9 years, the highest 3-Year average Book Value Per Share Growth Rate of Electrameccanica Vehicles was 93.70% per year. The lowest was -23.60% per year. And the median was 42.70% per year.

Electrameccanica Vehicles's current price is $0.2122. Its book value per share for the quarter that ended in Dec. 2023 was $0.61. Hence, today's PB Ratio of Electrameccanica Vehicles is 0.35.

During the past 9 years, the highest P/B Ratio of Electrameccanica Vehicles was 52.91. The lowest was 0.35. And the median was 2.46.


Electrameccanica Vehicles Book Value per Share Historical Data

The historical data trend for Electrameccanica Vehicles'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.

Electrameccanica Vehicles Book Value per Share Chart

Electrameccanica Vehicles 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 0.40 1.37 2.09 1.07 0.61

Electrameccanica Vehicles Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 1.07 0.97 0.87 0.72 0.61

Competitive Comparison of Electrameccanica Vehicles's Book Value per Share

For the Auto Manufacturers subindustry, Electrameccanica Vehicles'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.


Electrameccanica Vehicles's PB Ratio Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Electrameccanica Vehicles's PB Ratio distribution charts can be found below:

* The bar in red indicates where Electrameccanica Vehicles's PB Ratio falls into.



Electrameccanica Vehicles Book Value per Share Calculation

Electrameccanica Vehicles'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)
=(73.06-0.00)/119.29
=0.61

Electrameccanica Vehicles's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(73.06-0.00)/119.29
=0.61

* 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.


Electrameccanica Vehicles  (NAS:SOLO) 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.


Electrameccanica Vehicles Book Value per Share Related Terms

Thank you for viewing the detailed overview of Electrameccanica Vehicles's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Electrameccanica Vehicles (Electrameccanica Vehicles) Business Description

Traded in Other Exchanges
N/A
Address
8057 North Fraser Way, Burnaby, BC, CAN, V5J 5M8
Electrameccanica Vehicles Corp Ltd is a development-stage electric vehicle or EV, designer and manufacturer company. The company's product line targets urban commuters, commercial fleets/deliveries and shared mobility seeking to commute in an efficient, cost-effective and environmentally friendly manner. The company's first flagship EV is the SOLO, a single-seat vehicle, of which it has built 64 prototype vehicles in-house and 60 pre-production vehicles with its manufacturing partner, Zongshen. The company's reportable business segments include Electric Vehicles which is the development and manufacture of electric vehicles for mass markets, and Custom built vehicles which is the development and manufacture of high-end custom-built vehicles.
Executives
Jerry Kroll director 2108-808 NELSON ST, VANCOUVER BC A1 V6Z 2H2
Stephen Eric Johnston officer: Chief Financial Officer 4950 SUSANS WAY, BLOOMFIELD HILLS MI 48302
Luisa Ingargiola director 4826 BLUE JAY CIRCLE, PALM HARBOR FL 34683
Steven Andrew Sanders director 431 EAST 20TH STREET, NEW YORK NY 10010
Yan Fang Qiong Joanne director 504 - 1355 BELLEVUE AVE, WEST VANCOUVER A1 V7T 0B4
David John Shemmans director NUTSHELL, FIR TREE LANE, WEST CHILTINGTON, WEST SUSSEX X0 RH20 2RA
G Michael Bridge officer: General Counsel & Corp. Sec. 14400 N 87TH ST, SCOTTSDALE AZ 85260
Quigley William G Iii director
Susan E Docherty director, officer: CEO and COO THE BRINK'S COMPANY, 1801 BAYBERRY COURT, 4TH FLOOR, RICHMOND VA 23226
Kim A. Brink officer: Chief Revenue Officer C/O 505 NORTH HIGHWAY 169, SUITE 1000, PLYMOUTH MN 55441
Michael Paul Richardson director 13715 OASIS TERRACE, LAKEWOOD RANCH FL 34202
Dietmar Ostermann director 5400 LEGACY DR, H3 3E 35, PLANO TX 75024
Mark Orsmond officer: Chief Financial Officer 992 HAMPSHIRE RD, NORTH VANCOUVER A1 V7R1V2