Groove Botanicals (Groove Botanicals) Book Value per Share : $-0.01 (As of Sep. 2023)

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What is Groove Botanicals Book Value per Share?

Groove Botanicals's book value per share for the quarter that ended in Sep. 2023 was $-0.01.

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 Groove Botanicals was 73.80% per year. The lowest was -89.50% per year. And the median was -32.80% per year.

Groove Botanicals's current price is $0.013. Its book value per share for the quarter that ended in Sep. 2023 was $-0.01. Hence, today's PB Ratio of Groove Botanicals is .

During the past 13 years, the highest P/B Ratio of Groove Botanicals was 3.80. The lowest was 0.20. And the median was 0.63.

Groove Botanicals Book Value per Share Historical Data

The historical data trend for Groove Botanicals'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.

Groove Botanicals Book Value per Share Chart

Groove Botanicals Annual Data

Trend

Mar08

Mar09

Mar10

Mar11

Mar12

Mar13

Mar14

Mar15

Mar16

Mar17

Book Value per Share

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0.07

0.10

-0.03

-0.06

Groove Botanicals Semi-Annual Data
	Mar09	Sep09	Mar10	Sep10	Mar11	Sep11	Mar12	Sep12	Mar13	Sep13	Mar14	Sep14	Mar15	Sep15	Mar16	Sep16	Mar17	Sep17	Sep22	Sep23
Book Value per Share	Get a 7-Day Free Trial															-0.04	-0.06	-0.07	-	-0.01

Competitive Comparison of Groove Botanicals's Book Value per Share

For the Oil & Gas E&P subindustry, Groove Botanicals'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.

Groove Botanicals's PB Ratio Distribution in the Oil & Gas Industry

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

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

Groove Botanicals Book Value per Share Calculation

Groove Botanicals's Book Value Per Share for the fiscal year that ended in Mar. 2017 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(-1.00	-	0.00)	/	18.20
	=	-0.05

Groove Botanicals's Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(-0.64	-	0.00)	/	59.64
	=	-0.01

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.

Groove Botanicals (OTCPK:GRVE) 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.

Groove Botanicals Book Value per Share Related Terms

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