Avid Technology's book value per share for the quarter that ended in Sep. 2023 was $-2.80.
During the past 3 years, the average Book Value Per Share Growth Rate was 8.90% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 14.90% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 14.10% 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 Avid Technology was 74.40% per year. The lowest was -30.40% per year. And the median was 8.90% per year.
Avid Technology's current price is $27.04. Its book value per share for the quarter that ended in Sep. 2023 was $-2.80. Hence, today's PB Ratio of Avid Technology is .
During the past 13 years, the highest P/B Ratio of Avid Technology was 0.85. The lowest was 0.73. And the median was 0.82.
Avid Technology Book Value per Share Historical Data
The historical data trend for Avid Technology'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 Avid Technology's Book Value per Share
For the Software - Application subindustry, Avid Technology'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.
Avid Technology's PB Ratio Distribution in the Software Industry
For the Software industry and Technology sector, Avid Technology's PB Ratio distribution charts can be found below:
* The bar in red indicates where Avid Technology's PB Ratio falls into.
Avid Technology Book Value per Share Calculation
Avid Technology's Book Value Per Share for the fiscal year that ended in Dec. 2022 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.
Avid Technology (NAS:AVID) 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.
Avid Technology Book Value per Share Related Terms
Thank you for viewing the detailed overview of Avid Technology's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Avid Technology (Avid Technology) Business Description
Avid Technology Inc develops and sells software and hardware for digital media production and management. Its products are used in production, film studios, cable television stations, recording studios, and other agencies. The company has operations in the U.S.; the Americas; Europe, Middle East, and Africa; and Asia-Pacific. Most of its revenue is split fairly evenly between the U.S. and EMEA. The company's products are organized into suites, including Artist Suite, which includes video editing and digital audio workstations; Media Suite, which provides newsroom management solutions; Studio Suite, which provides tools for on-air programming; and Storage Suite, which provides products for digital storage. It derives most of the revenue from video and audio products and services.
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