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Meta Materials (Meta Materials) Book Value per Share : $2.74 (As of Mar. 2024)


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What is Meta Materials Book Value per Share?

Meta Materials's book value per share for the quarter that ended in Mar. 2024 was $2.74.

During the past 12 months, Meta Materials's average Book Value Per Share Growth Rate was -97.20% 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.

Meta Materials's current price is $3.26. Its book value per share for the quarter that ended in Mar. 2024 was $2.74. Hence, today's PB Ratio of Meta Materials is 1.19.

During the past 5 years, the highest P/B Ratio of Meta Materials was 5.13. The lowest was 0.19. And the median was 1.07.


Meta Materials Book Value per Share Historical Data

The historical data trend for Meta Materials'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.

Meta Materials Book Value per Share Chart

Meta Materials Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Book Value per Share
- -3.13 117.62 104.50 3.88

Meta Materials Quarterly Data
Dec19 Jun20 Sep20 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 Premium Member Only Premium Member Only Premium Member Only 97.19 21.25 19.23 3.88 2.74

Competitive Comparison of Meta Materials's Book Value per Share

For the Electronic Components subindustry, Meta Materials'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.


Meta Materials's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Meta Materials's PB Ratio distribution charts can be found below:

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



Meta Materials Book Value per Share Calculation

Meta Materials'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)
=(21.94-0.00)/5.66
=3.88

Meta Materials'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)
=(18.34-0.00)/6.69
=2.74

* 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.


Meta Materials  (NAS:MMAT) 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.


Meta Materials Book Value per Share Related Terms

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


Meta Materials (Meta Materials) Business Description

Traded in Other Exchanges
Address
60 Highfield Park Drive, Dartmouth, NS, CAN, B3A 4R9
Meta Materials Inc delivers previously unachievable performance, across a range of applications, by inventing, designing, developing, and manufacturing sustainable, highly functional materials. Its extensive technology platform enables global brands to deliver breakthrough products to their customers in consumer electronics, 5G communications, health and wellness, aerospace, automotive, and clean energy. Its products include NANOWEB, which is a transparent conductive film; holoOPTIX; ARfusion; metaAIR; and glucoWISE.
Executives
Jennifer K. Cheraso officer: Chief Human Resources Officer C/O ARRAY TECHNOLOGIES, INC., 3901 MIDWAY PLACE NE, ALBUQUERQUE NM 87109
James Macmillan Fusaro director, officer: Chief Executive Officer 1900 S. PRICE ROAD, CHANDLER AZ 85248
Philippe Morali director 400 N. MCCARTHY BLVD., MILPITAS CA 94089
Georgios Palikaras director, 10 percent owner, officer: See Remarks C/O META MATERIALS INC., 1 RESEARCH DRIVE, DARTMOUTH A5 BY2 4M9
David Daniel Eaton officer: Chief Legal Officer 1706 PASEO DE PERALTA, SANTA FE NM 87501
Uzi Sasson officer: See Remarks 2041 LANDINGS DRIVE, MOUNTAIN VIEW CA 94043
Vyomesh Joshi director 17343 VIA DEL CAMPO, SAN DIEGO CA 92127
Eugenia Corrales director C/O SHORETEL, INC., 960 STEWART DRIVE, SUNNYVALE CA 94085
Jonathan Waldern officer: Chief Technical Officer C/O META MATERIALS INC., 1 RESEARCH DRIVE, DARTMOUTH A5 B2Y 4M9
Rice Kenneth L Jr officer: See Remarks C/O 85 MAIN STREET, HOPKINTON MA 01748
Thomas Gordon Welch 10 percent owner 47 PLEASANT STREET, PO BOX 40, CHESTER A5 B0J 1J0
John R Harding director C/O MARIMBA INC, 440 CLYDE AVENUE, MOUNTAINVIEW CA 94043
Steen Karsbo director C/O META MATERIALS INC., 1 RESEARCH DRIVE, DARTMOUTH A5 B2Y 4M9
Michael James Graves director 5700 PLANO PARKWAY, SUITE 3600, PLANO TX 75093
Anne Barber Lambert 10 percent owner 47 PLEASANT STREET, PO BOX 40, CHESTER A5 B0J 1J0