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CoreCivic (CoreCivic) Book Value per Share : $12.94 (As of Mar. 2024)


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What is CoreCivic Book Value per Share?

CoreCivic's book value per share for the quarter that ended in Mar. 2024 was $12.94.

During the past 12 months, CoreCivic's average Book Value Per Share Growth Rate was 3.60% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 4.10% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 2.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -0.40% 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 CoreCivic was 265.80% per year. The lowest was -52.20% per year. And the median was 4.95% per year.

CoreCivic's current price is $15.03. Its book value per share for the quarter that ended in Mar. 2024 was $12.94. Hence, today's PB Ratio of CoreCivic is 1.16.

During the past 13 years, the highest P/B Ratio of CoreCivic was 3.32. The lowest was 0.51. And the median was 1.71.


CoreCivic Book Value per Share Historical Data

The historical data trend for CoreCivic'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.

CoreCivic Book Value per Share Chart

CoreCivic 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 11.56 11.62 11.41 12.46 13.11

CoreCivic 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 12.49 12.67 12.84 13.11 12.94

Competitive Comparison of CoreCivic's Book Value per Share

For the Security & Protection Services subindustry, CoreCivic'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.


CoreCivic's PB Ratio Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, CoreCivic's PB Ratio distribution charts can be found below:

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



CoreCivic Book Value per Share Calculation

CoreCivic'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)
=(1,478-0)/113
=13.11

CoreCivic'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)
=(1,444-0)/112
=12.94

* 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.


CoreCivic  (NYSE:CXW) 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.


CoreCivic Book Value per Share Related Terms

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


CoreCivic (CoreCivic) Business Description

Traded in Other Exchanges
Address
5501 Virginia Way, Suite 110, Brentwood, TN, USA, 37027
CoreCivic Inc is an owner and operator of private prisons and detention centers in the United States. It operates in three segments: Safety, Community, and Properties. The Safety segment operates roughly 50 facilities and owns majority of them. The Community segment owns and operates close to 30 residential reentry centers. The Properties segment owns approximately 15 properties for lease to third parties and government agencies. The vast majority of the company's revenue comes from the Safety segment. Its customers are federal, state, and local government agencies. Commercial contracts are typically 3-5 years long with multiple renewal options. CoreCivic operated as a Real Estate Investment Trust until January 2021 when it was reorganized as a taxable C Corporation.
Executives
Carter, Cole G. officer: SVP, General Counsel, Secretar 10 BURTON HILLS BLVD., NASHVILLE TN 37215
Anthony L Grande officer: Senior VP, Customer Relations CORRECTIONS CORPORATION OF AMERICA, 10 BURTON HILLS BOULEVARD, NASHVILLE TN 37215
Lucibeth Mayberry officer: SVP, Real Estate 10 BURTON HILLS BLVD, NASHVILLE TN 37215
David Garfinkle officer: Vice President, Finance
Prann John R Jr director
Patrick D. Swindle, officer: EVP, Chief Corrections Officer 10 BURTON HILLS BLVD., NASHVILLE TN 37215
Damon T Hininger officer: Senior VP, Customer Relations CORRECTIONS CORPORATION OF AMERICA, 10 BURTON HILLS BOULEVARD, NASHVILLE TN 37215
Thurgood Jr Marshall director 3000 K STREET N W, SUITE 300, WASHINGTON DC 20007-5116
Harley G. Lappin officer: Chief Corrections Officer 10 BURTON HILLS BLVD, NASHVILLE TN 37215
Mark A Emkes director 425 WINTER ROAD, DELAWARE OH 43015
David K Churchill officer: Chief Human Resources 10 BURTON HILLS BLVD, NASHVILLE TN 37215
Devin Ignatius Murphy director 104 MAIN STREET, SOUTHPORT CT 06890
Charles L Overby director
Kim White officer: SVP, Human Resources 10 BURTON HILLS BLVD, NASHVILLE TN 37215
C Michael Jacobi director C/O KATY INDUSTRIES INC, 765 STRAITS TURNPIKE STE 2000, MIDDLEBURY CT 06762