Rite Aid's book value per share for the quarter that ended in Aug. 2023 was $-34.68.
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 Rite Aid was 196.20% per year. The lowest was -63.90% per year. And the median was 11.05% per year.
Rite Aid's current price is $0.15. Its book value per share for the quarter that ended in Aug. 2023 was $-34.68. Hence, today's PB Ratio of Rite Aid is .
During the past 13 years, the highest P/B Ratio of Rite Aid was 151.13. The lowest was 0.28. And the median was 1.69.
Rite Aid Book Value per Share Historical Data
The historical data trend for Rite Aid'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 Rite Aid's Book Value per Share
For the Pharmaceutical Retailers subindustry, Rite Aid'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.
Rite Aid's PB Ratio Distribution in the Healthcare Providers & Services Industry
For the Healthcare Providers & Services industry and Healthcare sector, Rite Aid's PB Ratio distribution charts can be found below:
* The bar in red indicates where Rite Aid's PB Ratio falls into.
Rite Aid Book Value per Share Calculation
Rite Aid's Book Value Per Share for the fiscal year that ended in Feb. 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.
Rite Aid (OTCPK:RADCQ) 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.
Rite Aid Book Value per Share Related Terms
Thank you for viewing the detailed overview of Rite Aid's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Rite Aid Corp is a large retail drugstore chain in the United States. The company reports via two segments: retail pharmacy and pharmacy services. The retail pharmacy segment generates revenue primarily through the sale of prescription drugs, along with an assortment of merchandise that includes over-the-counter medications, health and beauty aids, personal care items, cosmetics, household items, food and beverages, greeting cards, seasonal merchandise, and numerous other everyday consumables. The pharmacy-services segment relates to EnvisionRx, a fully owned subsidiary that operates as a pharmacy benefit management provider offering a broad range of pharmaceutical services.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
RADCQ has been successfully added to your 