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NIC (EGOV) Book Value per Share : $4.37 (As of Dec. 2020)


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What is NIC Book Value per Share?

NIC's book value per share for the quarter that ended in Dec. 2020 was $4.37.

During the past 12 months, NIC's average Book Value Per Share Growth Rate was 19.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.90% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 20.60% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 17.50% 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 NIC was 72.00% per year. The lowest was -26.70% per year. And the median was 12.90% per year.

NIC's current price is $34.00. Its book value per share for the quarter that ended in Dec. 2020 was $4.37. Hence, today's PB Ratio of NIC is 7.77.

During the past 13 years, the highest P/B Ratio of NIC was 7.96. The lowest was 4.06. And the median was 5.46.


NIC Book Value per Share Historical Data

The historical data trend for NIC'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.

NIC Book Value per Share Chart

NIC Annual Data
Trend Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 2.03 2.54 3.18 3.67 4.37

NIC Quarterly Data
Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20
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 3.67 3.72 3.86 4.17 4.37

Competitive Comparison of NIC's Book Value per Share

For the Software - Application subindustry, NIC'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.


NIC's PB Ratio Distribution in the Software Industry

For the Software industry and Technology sector, NIC's PB Ratio distribution charts can be found below:

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



NIC Book Value per Share Calculation

NIC's Book Value Per Share for the fiscal year that ended in Dec. 2020 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(293.1-0.0)/67.0
=4.37

NIC's Book Value Per Share for the quarter that ended in Dec. 2020 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(293.1-0.0)/67.0
=4.37

* 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.


NIC  (NAS:EGOV) 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.


NIC Book Value per Share Related Terms

Thank you for viewing the detailed overview of NIC's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


NIC (EGOV) Business Description

Industry
Traded in Other Exchanges
N/A
Address
25501 West Valley Parkway, Suite 300, Olathe, KS, USA, 66061
NIC Inc is a leading provider of digital government services that help governments use technology to provide a higher level of service to businesses and citizens and increase efficiencies. The company has two operating channels: state enterprise businesses and software and services businesses. In State enterprise businesses, the company enters into long-term contracts with state and local governments to design, build and operate Internet-based, enterprise-wide portals on their behalf, the software and services businesses provide software development and payment processing services, other than outsourced portal services, to state and local governments as well as federal agencies. It generates a majority of its revenue from the State Enterprise.
Executives
Venmal (raji) Arasu director 25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Douglas Rogers officer: Sr VP, Business Development 25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061
Elizabeth Mccarrell Proudfit officer: Sr VP, Marketing & Comm 25501 W. VALLEY PKWY, SUITE 300 OLATHE KS 66061
Sylvester Jr. James director 25501 W. VALLEY PKWY, SUITE 300 OLATHE KS 66061
Elizabeth Amegan Thomas officer: Chief of Staff 25501 W. VALLEY PKWY, SUITE 300 OLATHE KS 66061
Brian Gerald Anderson officer: Chief Technology Officer C/O NIC INC. 25501 WEST VALLEY PARKWAY, SUITE 300 OLATHE KS 66061
Art N Burtscher director C/O NOVASTAR FINANCIAL INC 8140 WARD PARKWAY, STE 300 KANSAS CITY MO 64114
Alexander C Kemper director C/O NIC INC., 25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Peter B Wilson director 10540 SOUTH RIDGEVIEW ROAD OLATHE KS 66061
William M Lyons director 225 WEST WACKER DRIVE, CHICAGO IL 60606
Charles Bradford Henry director 25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061
Jayaprakash Vijayan director 25501 WEST VALLEY PARKWAY, SUITE 300, OLATHE KS 66061
Anthony Scott director 25501 WEST VALLEY PARKWAY, OLATHE KS 66061
Van Asselt William A. officer: General Counsel 25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061
Harry Herington director, officer: Chair of Board & CEO 25501 WEST VALLEY PARKWAY SUITE 300 OLATHE KS 66061