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Latch (LTCH) Book Value per Share : $2.41 (As of Mar. 2022)


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What is Latch Book Value per Share?

Latch's book value per share for the quarter that ended in Mar. 2022 was $2.41.

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.

Latch's current price is $0.14. Its book value per share for the quarter that ended in Mar. 2022 was $2.41. Hence, today's PB Ratio of Latch is 0.06.


Latch Book Value per Share Historical Data

The historical data trend for Latch'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.

Latch Book Value per Share Chart

Latch Annual Data
Trend Dec19 Dec20 Dec21
Book Value per Share
- -1.07 4.37

Latch Quarterly Data
Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22
Book Value per Share Get a 7-Day Free Trial - 8.82 3.02 4.37 2.41

Competitive Comparison of Latch's Book Value per Share

For the Software - Application subindustry, Latch'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.


Latch's PB Ratio Distribution in the Software Industry

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

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


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Latch Book Value per Share Calculation

Latch's Book Value Per Share for the fiscal year that ended in Dec. 2021 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(377.56-0.00)/86.47
=4.37

Latch's Book Value Per Share for the quarter that ended in Mar. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(342.34-0.00)/141.97
=2.41

* 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.


Latch  (OTCPK:LTCH) 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.


Latch Book Value per Share Related Terms

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Latch Business Description

Traded in Other Exchanges
N/A
Address
1220 N. Price Road, Suite 2, Olivette, MO, USA, 63132
Latch Inc is a technology company predominantly serving the multifamily rental home market segment of the smart building industry by deploying hardware and software technology to digitize manual processes, including building and unit access and in-unit device control. It has designed and developed a cloud-based software-as-a-service (SaaS) platform, the Latch Platform to address the access requirements of modern multifamily buildings. The company offers various products such as Latch Cameras, Latch Locks, Latch interconnects, Smart sensors, and accessories which the user can connect with the Latch platform to manage building and unit access. Its customers include real estate developers, builders, building owners, and property managers in the United States and Canada.
Executives
Keyes John J Iv officer: Interim CEO C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Marc E Landy officer: Interim CFO C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Junji Nakamura officer: Chief Accounting Officer C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Barry Schaeffer officer: Interim CFO & Treasurer C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Josh Wolfe 10 percent owner C/O LUX HEALTH TECH ACQUISITION CORP., 920 BROADWAY, 11TH FLOOR, NEW YORK NY 10010
Garth Mitchell officer: CFO & Treasurer 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Raju Rishi director 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Ali Hussain officer: Chief Operating Officer 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Michael Brian Jones officer: Chief Technology Officer 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
J. Allen Smith director 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Andrew Sugrue director 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Luke Schoenfelder director, officer: Chief Executive Officer 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Reynolds James Madison Iv 10 percent owner C/O LATCH, INC., 508 WEST 26TH STREET, SUITE 6G, NEW YORK NY 10001
Avenir Latch Investors, Llc 10 percent owner C/O AVENIR MANAGEMENT COMPANY, LLC, 135 FIFTH AVENUE, 7TH FLOOR, NEW YORK NY 10010
Avenir Management Company, Llc 10 percent owner 817 BROADWAY, 12TH FLOOR, NEW YORK NY 10003