WFTSF (Wavefront Technology Solutions) Book Value per Share: $0.01 (As of May. 2022)

Wavefront Technology Solutions  (OTCPK:WFTSF) 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.

Wavefront Technology Solutions Book Value per Share Related Terms

The historical data trend for Wavefront Technology Solutions'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.

Wavefront Technology Solutions Book Value per Share Chart

Wavefront Technology Solutions Annual Data
	Trend	Aug12	Aug13	Aug14	Aug15	Aug16	Aug17	Aug18	Aug19	Aug20	Aug21
Book Value per Share		Get a 7-Day Free Trial					0.04	0.03	0.03	0.02	0.01

Wavefront Technology Solutions Quarterly Data
	Aug17	Nov17	Feb18	May18	Aug18	Nov18	Feb19	May19	Aug19	Nov19	Feb20	May20	Aug20	Nov20	Feb21	May21	Aug21	Nov21	Feb22	May22
Book Value per Share	Get a 7-Day Free Trial															0.02	0.01	0.01	0.01	0.01

WFTSF vs VYEY, ENSV, GWTI: Book Value per Share Comparison

For the Oil & Gas Equipment & Services subindustry, Wavefront Technology Solutions'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.

Wavefront Technology Solutions PB Ratio vs Oil & Gas Industry

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

* The bar in red indicates where Wavefront Technology Solutions's PB Ratio falls into.

Wavefront Technology Solutions Book Value per Share Calculation

Wavefront Technology Solutions's Book Value Per Share for the fiscal year that ended in Aug. 2021 is calculated as:

Wavefront Technology Solutions's Book Value Per Share for the quarter that ended in May. 2022 is calculated as:

* 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.

Wavefront Technology Solutions Business Description