Ostin Technology Group Co (Ostin Technology Group Co) Book Value per Share : $1.00 (As of Sep. 2023)

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What is Ostin Technology Group Co Book Value per Share?

Ostin Technology Group Co's book value per share for the quarter that ended in Sep. 2023 was $1.00.

During the past 12 months, Ostin Technology Group Co's average Book Value Per Share Growth Rate was -44.90% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 8.30% 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 5 years, the highest 3-Year average Book Value Per Share Growth Rate of Ostin Technology Group Co was 49.90% per year. The lowest was 8.30% per year. And the median was 29.10% per year.

Ostin Technology Group Co's current price is $0.4011. Its book value per share for the quarter that ended in Sep. 2023 was $1.00. Hence, today's PB Ratio of Ostin Technology Group Co is 0.40.

During the past 5 years, the highest P/B Ratio of Ostin Technology Group Co was 3.49. The lowest was 0.35. And the median was 0.59.

Ostin Technology Group Co Book Value per Share Historical Data

The historical data trend for Ostin Technology Group Co'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.

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Ostin Technology Group Co Book Value per Share Chart

Ostin Technology Group Co Annual Data

Trend

Sep19

Sep20

Sep21

Sep22

Sep23

Book Value per Share

0.54

0.79

1.06

1.81

1.00

Ostin Technology Group Co Semi-Annual Data
	Sep19	Mar20	Sep20	Mar21	Sep21	Mar22	Sep22	Mar23	Sep23
Book Value per Share	Get a 7-Day Free Trial				1.06	1.17	1.81	1.42	1.00

Competitive Comparison of Ostin Technology Group Co's Book Value per Share

For the Electronic Components subindustry, Ostin Technology Group Co'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.

Ostin Technology Group Co's PB Ratio Distribution in the Hardware Industry

For the Hardware industry and Technology sector, Ostin Technology Group Co's PB Ratio distribution charts can be found below:

* The bar in red indicates where Ostin Technology Group Co's PB Ratio falls into.

Ostin Technology Group Co Book Value per Share Calculation

Ostin Technology Group Co's Book Value Per Share for the fiscal year that ended in Sep. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(13.96	-	0.00)	/	14.01
	=	1.00

Ostin Technology Group Co's Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as:

Book Value Per Share	=	(Total Stockholders Equity	-	Preferred Stock)	/	Shares Outstanding (EOP)
	=	(13.96	-	0.00)	/	14.01
	=	1.00

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.

Ostin Technology Group Co (NAS:OST) 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.

Ostin Technology Group Co Book Value per Share Related Terms

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Ostin Technology Group Co (Ostin Technology Group Co) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Technology » Hardware » Ostin Technology Group Co Ltd (NAS:OST) » Definitions » Book Value per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

1 Kechuang Road, Building 2, 101/201, Qixia District, Nanjing, CHN, 210046

Website

http://www.austinelec.com

Ostin Technology Group Co Ltd is a supplier of display modules and polarizers in China. It designs, develops, and manufactures TFT-LCD modules in a wide range of sizes and customized sizes according to the specifications of its customers. Its display modules are mainly used in consumer electronics, commercial LCD displays, and automotive displays. The company also manufactures polarizers used in the TFT-LCD display modules and is in the process of developing polarizers for the OLED display panel.