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Mercurity Fintech Holding (Mercurity Fintech Holding) Book Value per Share : $0.29 (As of Dec. 2023)


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What is Mercurity Fintech Holding Book Value per Share?

Mercurity Fintech Holding's book value per share for the quarter that ended in Dec. 2023 was $0.29.

During the past 12 months, Mercurity Fintech Holding's average Book Value Per Share Growth Rate was -51.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -40.30% 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 12 years, the highest 3-Year average Book Value Per Share Growth Rate of Mercurity Fintech Holding was -26.70% per year. The lowest was -71.70% per year. And the median was -51.85% per year.

Mercurity Fintech Holding's current price is $1.63. Its book value per share for the quarter that ended in Dec. 2023 was $0.29. Hence, today's PB Ratio of Mercurity Fintech Holding is 5.56.

During the past 12 years, the highest P/B Ratio of Mercurity Fintech Holding was 6.32. The lowest was 1.69. And the median was 3.02.


Mercurity Fintech Holding Book Value per Share Historical Data

The historical data trend for Mercurity Fintech Holding'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.

Mercurity Fintech Holding Book Value per Share Chart

Mercurity Fintech Holding 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 1.52 1.38 0.60 0.60 0.29

Mercurity Fintech Holding Quarterly Data
Dec17 Mar18 Jun18 Sep18 Dec18 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.60 0.51 0.60 0.41 0.29

Competitive Comparison of Mercurity Fintech Holding's Book Value per Share

For the Capital Markets subindustry, Mercurity Fintech Holding'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.


Mercurity Fintech Holding's PB Ratio Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Mercurity Fintech Holding's PB Ratio distribution charts can be found below:

* The bar in red indicates where Mercurity Fintech Holding's PB Ratio falls into.



Mercurity Fintech Holding Book Value per Share Calculation

Mercurity Fintech Holding'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)
=(17.83-0.00)/60.82
=0.29

Mercurity Fintech Holding's Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(17.83-0.00)/60.82
=0.29

* 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.


Mercurity Fintech Holding  (NAS:MFH) 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.


Mercurity Fintech Holding Book Value per Share Related Terms

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Mercurity Fintech Holding (Mercurity Fintech Holding) Business Description

Traded in Other Exchanges
N/A
Address
1330 Avenue of Americas, Fl 33, New York, NY, USA, 10019
Mercurity Fintech Holding Inc is a digital fintech company powered by blockchain technology. The company's scope of business includes digital asset trading, asset digitization, cross-border remittance, and other services, providing compliant, professional, and efficient digital financial services to its customers. The group is also engaged in Bitcoin mining, digital currency investment, and trading, continuing its expansion to online and traditional brokerage services and other related fields.

Mercurity Fintech Holding (Mercurity Fintech Holding) Headlines