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Drilling Tools International (Drilling Tools International) Book Value per Share : $3.07 (As of Mar. 2024)


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What is Drilling Tools International Book Value per Share?

Drilling Tools International's book value per share for the quarter that ended in Mar. 2024 was $3.07.

During the past 12 months, Drilling Tools International's average Book Value Per Share Growth Rate was 149.90% 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.

Drilling Tools International's current price is $6.03. Its book value per share for the quarter that ended in Mar. 2024 was $3.07. Hence, today's PB Ratio of Drilling Tools International is 1.96.

During the past 3 years, the highest P/B Ratio of Drilling Tools International was 9.94. The lowest was 0.97. And the median was 1.63.


Drilling Tools International Book Value per Share Historical Data

The historical data trend for Drilling Tools International'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.

Drilling Tools International Book Value per Share Chart

Drilling Tools International Annual Data
Trend Dec21 Dec22 Dec23
Book Value per Share
0.57 1.05 2.98

Drilling Tools International Quarterly Data
Dec21 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Book Value per Share Get a 7-Day Free Trial Premium Member Only 1.23 2.70 2.85 2.98 3.07

Competitive Comparison of Drilling Tools International's Book Value per Share

For the Oil & Gas Equipment & Services subindustry, Drilling Tools International'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.


Drilling Tools International's PB Ratio Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Drilling Tools International's PB Ratio distribution charts can be found below:

* The bar in red indicates where Drilling Tools International's PB Ratio falls into.



Drilling Tools International Book Value per Share Calculation

Drilling Tools International'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)
=(88.7-0.0)/29.8
=2.98

Drilling Tools International'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)
=(91.5-0.0)/29.8
=3.07

* 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.


Drilling Tools International  (NAS:DTI) 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.


Drilling Tools International Book Value per Share Related Terms

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Drilling Tools International (Drilling Tools International) Business Description

Traded in Other Exchanges
N/A
Address
3701 Briarpark Drive, Suite 150, Houston, TX, USA, 77042
Drilling Tools International Corp Formerly Drilling Tools International Holdings Inc is an oilfield services company. It manufactures, rents, inspects, and refurbishes downhole drilling tools primarily for companies in the oil and natural gas industry for bottom hole assemblies used in onshore and offshore horizontal and directional drilling. The Company's United States operations have locations in Texas, California, Louisiana, Oklahoma, Pennsylvania, North Dakota, New Mexico, Utah, Wyoming and international operations are located in Canada.
Executives
Thomas Monroe Patterson director 801 CHERRY STREET, SUITE 2100, FORT WORTH TX 76102
Thomas O Hicks director, 10 percent owner 2200 ROSS AVENUE, SUITE 4600 W, DALLAS TX 75201
David Richard Johnson officer: Chief Financial Officer 27215 SYMPHONY CREEK LN, FULSHEAR TX 77441
Robert Wayne Prejean director, officer: CEO, President 3701 BRIARPARK DRIVE, SUITE 150, HOUSTON TX 77042
Domino Michael Wayne Jr. officer: President, DTR Division 3701 BRIARPARK DRIVE, SUITE 150, HOUSTON TX 77042
Vermillion Charles Richard Jr. director 4605 POST OAK PLACE #202, HOUSTON TX 77027
L.p. Hhep-directional, 10 percent owner 2200 ROSS AVENUE, 50TH FLOOR, DALLAS TX 75201
Curt L. Crofford director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Eric C Neuman director 100 CRESCENT COURT, SUITE 1200, DALLAS TX 75201
Jack D Furst director 2591 LAKESIDE PARKWAY, SUITE 100, FLOWER MOUND TX 75022
Roc Energy Holdings, Llc 10 percent owner 16400 DALLAS PARKWAY, DALLAS TX 75248
Daniel Jeffrey Kimes director, officer: Chief Executive Officer 16400 DALLAS PARKWAY, DALLAS TX 75248
Joseph Drysdale director 16400 DALLAS PARKWAY, DALLAS TX 75248
Win Graham director 16400 DALLAS PARKWAY, DALLAS TX 75248
Rosemarie Cicalese officer: Chief Financial Officer 16400 DALLAS PARKWAY, DALLAS TX 75248

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