Nortech Systems's book value per share for the quarter that ended in Mar. 2024 was $12.98.
During the past 12 months, Nortech Systems's average Book Value Per Share Growth Rate was 22.30% per year.
During the past 3 years, the average Book Value Per Share Growth Rate was 23.40% per year.
During the past 5 years, the average Book Value Per Share Growth Rate was 11.70% per year.
During the past 10 years, the average Book Value Per Share Growth Rate was 3.50% 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 Nortech Systems was 27.80% per year. The lowest was -5.10% per year. And the median was 5.00% per year.
Nortech Systems's current price is $12.33. Its book value per share for the quarter that ended in Mar. 2024 was $12.98. Hence, today's PB Ratio of Nortech Systems is 0.95.
During the past 13 years, the highest P/B Ratio of Nortech Systems was 2.05. The lowest was 0.36. And the median was 0.60.
Nortech Systems Book Value per Share Historical Data
The historical data trend for Nortech Systems'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 Nortech Systems's Book Value per Share
For the Medical Devices subindustry, Nortech Systems'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.
Nortech Systems's PB Ratio Distribution in the Medical Devices & Instruments Industry
For the Medical Devices & Instruments industry and Healthcare sector, Nortech Systems's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nortech Systems's PB Ratio falls into.
Nortech Systems Book Value per Share Calculation
Nortech Systems's Book Value Per Share for the fiscal year that ended in Dec. 2023 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.
Nortech Systems (NAS:NSYS) 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.
Nortech Systems Book Value per Share Related Terms
Thank you for viewing the detailed overview of Nortech Systems's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Nortech Systems (Nortech Systems) Business Description
Nortech Systems Inc is a United States-based electronic manufacturing services company. It offers value-added engineering, technical and manufacturing services and support including project management, design, testing, prototyping, manufacturing, supply chain management, and post-market services. The company's manufacturing and engineering services include complete medical devices, printed circuit board assemblies, wire and cable assemblies, and complex higher-level electro-mechanical assemblies. It operates in the Medical, Aerospace, Defense and Industrial markets with key revenue coming from Medical device and product manufacturing and related engineering services.
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