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Altus Power (Altus Power) Book Value per Share : $2.86 (As of Mar. 2024)


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What is Altus Power Book Value per Share?

Altus Power's book value per share for the quarter that ended in Mar. 2024 was $2.86.

During the past 12 months, Altus Power's average Book Value Per Share Growth Rate was 5.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 51.20% 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 4 years, the highest 3-Year average Book Value Per Share Growth Rate of Altus Power was 51.20% per year. The lowest was 51.20% per year. And the median was 51.20% per year.

Altus Power's current price is $3.78. Its book value per share for the quarter that ended in Mar. 2024 was $2.86. Hence, today's PB Ratio of Altus Power is 1.32.

During the past 4 years, the highest P/B Ratio of Altus Power was 5.26. The lowest was 1.26. And the median was 2.40.


Altus Power Book Value per Share Historical Data

The historical data trend for Altus Power'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.

Altus Power Book Value per Share Chart

Altus Power Annual Data
Trend Dec20 Dec21 Dec22 Dec23
Book Value per Share
0.81 1.99 2.67 2.81

Altus Power Quarterly Data
Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 2.72 2.82 2.93 2.81 2.86

Competitive Comparison of Altus Power's Book Value per Share

For the Utilities - Renewable subindustry, Altus Power'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.


Altus Power's PB Ratio Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Altus Power's PB Ratio distribution charts can be found below:

* The bar in red indicates where Altus Power's PB Ratio falls into.



Altus Power Book Value per Share Calculation

Altus Power'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)
=(447.1-0.0)/159.0
=2.81

Altus Power's Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(457.5-0.0)/159.9
=2.86

* 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.


Altus Power  (NYSE:AMPS) 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.


Altus Power Book Value per Share Related Terms

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Altus Power (Altus Power) Business Description

Traded in Other Exchanges
Address
2200 Atlantic Street, 6th Floor, Stamford, CT, USA, 06902
Altus Power Inc is a renewable energy generation company focused on the commercial and industrial, public sector, and community solar customers. It operates as a developer, owner and operator of large-scale roof, ground and carport-based photovoltaic and energy storage systems, as well as electric vehicle charging facilities.
Executives
Lars Norell director, officer: See Remarks 12 EGGLESTON LANE, OLD GREENWICH CT 06870
Dustin Weber officer: See Remarks 2200 ATLANTIC STREET, 6TH FLOOR, STAMFORD CT 06902
Anthony Savino officer: See Remarks 2200 ATLANTIC STREET, 6TH FLOOR, STAMFORD CT 06902
Gso Altus Holdings Lp 10 percent owner 345 PARK AVENUE, 30TH FLOOR, NEW YORK NY 10154
William F Concannon director, officer: Chief Executive Officer 200 PARK AVENUE, 17TH FLOOR, NEW YORK NY 10166
Gregg J Felton director, officer: See Remarks C/O FULL CIRCLE CAPITAL CORPORATION, 800 WESTCHESTER AVE., RYE BROOK NY 10573
Diane D Brink director C/O BELDEN INC., 1 N. BRENTWOOD BLVD., 15TH FLOOR, SAINT LOUIS MO 63105
Valueact Capital Management, Llc director, other: See Remarks ONE LETTERMAN DRIVE, BUILDING D, 4TH FLOOR, SAN FRANCISCO CA 94129
Gso Altus Holdings Associates Llc 10 percent owner 345 PARK AVENUE, 30TH FLOOR, NEW YORK NY 10154
Sharon Daley director 2200 ATLANTIC STREET, 6TH FLOOR, STAMFORD CT 06902
Cbre Acquisition Sponsor, Llc director, 10 percent owner 2100 MCKENNEY AVENUE, 12TH FLOOR, DALLAS TX 75201
Robert M Horn director C/O GSO CAPITAL PARTNERS LP, 345 PARK AVE., NEW YORK NY 10154
Cbre Group, Inc. director, 10 percent owner 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Cbre Services, Inc. director, 10 percent owner C/O CBRE, 2100 MCKINNEY AVENUE, SUITE 1250, DALLAS TX 75201
Christine Rose Detrick director 200 CLARENDON STREET, T-9, BOSTON MA 02116