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SoFi Technologies's book value per share for the quarter that ended in Mar. 2024 was $5.51.
During the past 12 months, SoFi Technologies's average Book Value Per Share Growth Rate was -0.90% 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.
SoFi Technologies's current price is $6.94. Its book value per share for the quarter that ended in Mar. 2024 was $5.51. Hence, today's PB Ratio of SoFi Technologies is 1.26.
During the past 6 years, the highest P/B Ratio of SoFi Technologies was 4.32. The lowest was 0.78. And the median was 1.41.
The historical data trend for SoFi Technologies'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.
SoFi Technologies Annual Data | |||||||||||||||
Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | |||||||||
Book Value per Share | Get a 7-Day Free Trial | -2.92 | -0.15 | 5.29 | 5.58 | 5.36 |
SoFi Technologies Quarterly Data | ||||||||||||||||||
Dec18 | Dec19 | 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 | 5.57 | 5.54 | 5.28 | 5.36 | 5.51 |
For the Credit Services subindustry, SoFi Technologies'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.
For the Credit Services industry and Financial Services sector, SoFi Technologies's PB Ratio distribution charts can be found below:
* The bar in red indicates where SoFi Technologies's PB Ratio falls into.
SoFi Technologies'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) |
= | (5,555 | - | 320) | / | 976 | |
= | 5.36 |
SoFi Technologies'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) |
= | (6,146 | - | 320) | / | 1,056 | |
= | 5.51 |
* 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.
SoFi Technologies (NAS:SOFI) 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.
Thank you for viewing the detailed overview of SoFi Technologies's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Jeremy Rishel | officer: Chief Technology Officer | 234 1ST STREET, SAN FRANCISCO CA 94105 |
Anthony Noto | director, officer: Chief Executive Officer | C/O SOFI TECHNOLOGIES, INC., 234 1ST STREET, SAN FRANCISCO CA 94105 |
Christopher Lapointe | officer: Chief Financial Officer | 234 1ST ST, SAN FRANCISCO CA 94105 |
Webb Lauren Stafford | officer: Chief Marketing Officer | 234 1ST ST, SAN FRANCISCO CA 94105 |
Aaron Webster | officer: Chief Risk Officer | 234 1ST ST, SAN FRANCISCO CA 94105 |
Chad M Borton | officer: President - SoFi Bank | 38 FOUNTAIN SQUARE PLAZA, MD 10AT76, CINCINNATI OH 45263 |
Hele John C.r. | director | WESSEX HOUSE, 4TH FLOOR, 45 REID STREET, HAMILTON D0 HM 12 |
Robert S Lavet | officer: General Counsel and Secretary | 12061 BLUEMONT WAY, RESTON VA 20190 |
Softbank Group Corp | director, 10 percent owner | 1-7-1 KAIGAN, MINATO-KU, TOKYO M0 105-7537 |
Michelle Gill | officer: EVP & Group Business Leader | 16 FUNSTON AVENUE, SUITE A, THE PRESIDIO OF SAN FRANCISCO, SAN FRANCISCO CA 94129 |
Harvey M Schwartz | director | C/O GOLDMAN SACHS & CO. LLC, 200 WEST STREET, NEW YORK NY 10282 |
Micah Heavener | officer: Head of Operations | 234 1ST ST, SAN FRANCISCO CA 94105 |
George Thompson Hutton | director | C/O WHITE MOUNTAINS INSURANCE GROUP, LTD, 80 SOUTH MAIN STREET, HANOVER NH 03755 |
Investment Authority Qatar | director | P.O. BOX 23224, DOHA S3 QATAR |
Thomas Clayton Wilkes | director, officer: CEO - Galileo | 234 1ST ST, SAN FRANCISCO CA 94015 |
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