ProPetro Holding's book value per share for the quarter that ended in Mar. 2024 was $9.34.
During the past 12 months, ProPetro Holding's average Book Value Per Share Growth Rate was 9.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 1.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 0.50% 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 9 years, the highest 3-Year average Book Value Per Share Growth Rate of ProPetro Holding was 111.80% per year. The lowest was -4.70% per year. And the median was 11.00% per year.
ProPetro Holding's current price is $9.63. Its book value per share for the quarter that ended in Mar. 2024 was $9.34. Hence, today's PB Ratio of ProPetro Holding is 1.03.
During the past 9 years, the highest P/B Ratio of ProPetro Holding was 5.28. The lowest was 0.20. And the median was 1.19.
ProPetro Holding Book Value per Share Historical Data
The historical data trend for ProPetro 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.
Competitive Comparison of ProPetro Holding's Book Value per Share
For the Oil & Gas Equipment & Services subindustry, ProPetro 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.
ProPetro Holding's PB Ratio Distribution in the Oil & Gas Industry
For the Oil & Gas industry and Energy sector, ProPetro Holding's PB Ratio distribution charts can be found below:
* The bar in red indicates where ProPetro Holding's PB Ratio falls into.
ProPetro Holding Book Value per Share Calculation
ProPetro Holding's Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as:
* 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.
Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.
ProPetro Holding (NYSE:PUMP) 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.
ProPetro Holding Book Value per Share Related Terms
Thank you for viewing the detailed overview of ProPetro Holding's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
ProPetro Holding (ProPetro Holding) Business Description
ProPetro Holding Corp is a Texas-based oilfield services company. It provides hydraulic fracturing, wireline, and other complementary services to oil and gas companies engaged in the exploration and production of North American unconventional oil and natural gas resources. The company focused on Permian Basin. The operating segment of the company are Hydraulic Fracturing, Cementing, Coiled Tubing, drilling and flowback.
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