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Vornado Realty Trust (Vornado Realty Trust) Book Value per Share : $22.73 (As of Dec. 2023)


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What is Vornado Realty Trust Book Value per Share?

Vornado Realty Trust's book value per share for the quarter that ended in Dec. 2023 was $22.73.

During the past 12 months, Vornado Realty Trust's average Book Value Per Share Growth Rate was -6.40% per year. During the past 3 years, the average Book Value Per Share Growth Rate was -6.70% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 0.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was -1.80% 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 Vornado Realty Trust was 116.60% per year. The lowest was -14.60% per year. And the median was 6.00% per year.

Vornado Realty Trust's current price is $26.26. Its book value per share for the quarter that ended in Dec. 2023 was $22.73. Hence, today's PB Ratio of Vornado Realty Trust is 1.16.

During the past 13 years, the highest P/B Ratio of Vornado Realty Trust was 4.32. The lowest was 0.54. And the median was 2.23.


Vornado Realty Trust Book Value per Share Historical Data

The historical data trend for Vornado Realty Trust'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.

Vornado Realty Trust Book Value per Share Chart

Vornado Realty Trust 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 30.58 27.96 26.36 24.27 22.73

Vornado Realty Trust Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 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 24.27 23.50 23.89 24.32 22.73

Competitive Comparison of Vornado Realty Trust's Book Value per Share

For the REIT - Office subindustry, Vornado Realty Trust'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.


Vornado Realty Trust's PB Ratio Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Vornado Realty Trust's PB Ratio distribution charts can be found below:

* The bar in red indicates where Vornado Realty Trust's PB Ratio falls into.



Vornado Realty Trust Book Value per Share Calculation

Vornado Realty Trust'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)
=(5,509-1,182)/190
=22.72

Vornado Realty Trust'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)
=(5,509-1,182)/190
=22.72

* 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.


Vornado Realty Trust  (NYSE:VNO) 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.


Vornado Realty Trust Book Value per Share Related Terms

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Vornado Realty Trust (Vornado Realty Trust) Business Description

Address
888 Seventh Avenue, New York, NY, USA, 10019
Vornado owns and has an ownership interest in Class A office and retail properties highly concentrated in Manhattan, with additional properties in San Francisco and Chicago. It operates as a real estate investment trust.
Executives
Michael D Fascitelli director, officer: President MDF CAPITAL, 888 7TH AVENUE, 27TH FLOOR, NEW YORK NY 10019
Wight Russell B Jr director
Raymond J Mcguire director 5 GIRALDA FARMS, MADISON NJ 07940
Deirdre K. Maddock officer: SVP - Chief Accounting Officer 210 ROUTE 4 EAST, 210 W RTE 4 EAST, PARAMUS NJ 07652
Beatrice Hamza Bassey director 2188 LEDGE ROCK LANE, HENDERSON NV 89052
William W Helman director GREYLOCK, 880 WINTER ST SUITE 300, WALTHAM MA 02451
Barry Langer officer: EVP - Dev. Co-Head of R.E. C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK NY 10019
Glen J. Weiss officer: EVP- Off Leasing Co- Head R.E. C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK NY 10019
Haim Chera officer: EVP- Head of Retail C/O VORNADO REALTY TRUST, 888 7TH AVENUE, NEW YORK NY 10019
Joseph Macnow officer: Exec. VP--Finance, CFO
Matthew Iocco officer: EVP - Principal Accounting Off 888 7TH AVENUE, NEW YORK NY 10019
Mitchell N Schear officer: President - Smith Division
Mandakini Puri director C/O VALIDUS HOLDINGS, 48 PAR-LA-VILLE ROAD, SUITE 1790, HAMILTON HM11 D0 HM11
Daniel R Tisch director 460 PARK AVENUE, NEW YORK NY 10022
Wendy Silverstein officer: Exec VP-Capital Markets

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