Northrop Grumman's book value per share for the quarter that ended in Mar. 2024 was $95.27.
During the past 12 months, Northrop Grumman's average Book Value Per Share Growth Rate was -1.40% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 15.80% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 18.00% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 11.80% 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 13 years, the highest 3-Year average Book Value Per Share Growth Rate of Northrop Grumman was 23.90% per year. The lowest was -14.90% per year. And the median was 5.80% per year.
Northrop Grumman's current price is $480.45. Its book value per share for the quarter that ended in Mar. 2024 was $95.27. Hence, today's PB Ratio of Northrop Grumman is 5.04.
During the past 13 years, the highest P/B Ratio of Northrop Grumman was 8.69. The lowest was 1.91. And the median was 5.41.
Northrop Grumman Book Value per Share Historical Data
The historical data trend for Northrop Grumman'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 Northrop Grumman's Book Value per Share
For the Aerospace & Defense subindustry, Northrop Grumman'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.
Northrop Grumman's PB Ratio Distribution in the Aerospace & Defense Industry
For the Aerospace & Defense industry and Industrials sector, Northrop Grumman's PB Ratio distribution charts can be found below:
* The bar in red indicates where Northrop Grumman's PB Ratio falls into.
Northrop Grumman Book Value per Share Calculation
Northrop Grumman'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.
Northrop Grumman (NYSE:NOC) 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.
Northrop Grumman Book Value per Share Related Terms
Thank you for viewing the detailed overview of Northrop Grumman's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Northrop Grumman (Northrop Grumman) Business Description
Northrop Grumman is a diversified defense contractor providing aeronautics, defense, mission, and space systems. The company's aerospace segment creates the fuselage for the massive F-35 program and produces autonomous and piloted aircraft such as Global Hawk drones and the new B-21 bomber. Defense systems makes artillery and missile ammunition and guidance systems, missile defense systems, and conducts maintenance and upgrades on numerous military aircraft. Mission systems creates and integrates a variety of radar, navigation, and communication systems for avionics, weapons control, and countermeasures on a range of platforms from helicopters to destroyers. Finally, space systems produces satellites, sensors, space structures, and manufactures long-range missiles and rocket motors.
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