Balance Sheet
| Total Cash (mrq) | 13B |
|---|---|
| Total Debt (mrq) | 12.63B |
| Total Debt/Equity (mrq) | 82.63 |
| Current Ratio (mrq) | 2.63 |
| Book Value Per Share (mrq) | 9.73 |
In this post
What is the book value of Nike stock?
Nike’s book value per share for the quarter that ended in May. 2022 was $9.73. During the past 12 months, Nike’s average Book Value Per Share Growth Rate was 20.20% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 19.00% per year.
Traditionally, any value under 1.0 is considered a good P/B value, indicating a potentially undervalued stock. However, value investors often consider stocks with a P/B value under 3.0.
Book value per share is a way to measure the net asset value that investors get when they buy a share of stock. Investors can calculate book value per share by dividing the company’s book value by its number of shares outstanding.
The ratio of equity available to common stockholders against the number of shares outstanding.
Is Nike a good stock to buy?
As of October 12, 2021, Nike Inc had a $237.9 billion market capitalization, compared to the Footwear median of $4889.7 billion, Nike Inc’s stock is up 9.6% in 2021, up 4.2% in the previous five trading days and up 18.5% in the past year. Currently, Nike Inc’s price-earnings ratio is 40.7.
How much is Nike worth in dollars?
In 2020 the brand alone was valued in excess of $32 billion, making it the most valuable brand among sports businesses. Previously, in 2017, the Nike brand was valued at $29.6 billion. Nike ranked 89th in the 2018 Fortune 500 list of the largest United States corporations by total revenue.
Top Companies in India by Price to Book Value – BSE
| Sr | Company Name | PBV Ratio |
|---|---|---|
| 1 | MRF Add to Watchlist Add to Portfolio | 2.70 |
| 2 | Shree Cements Add to Watchlist Add to Portfolio | 4.53 |
| 3 | Bosch Add to Watchlist Add to Portfolio | 4.86 |
| 4 | Jain Irrigation Add to Watchlist Add to Portfolio | 0.02 |
Which stock has highest book value?
high Book value
| S.No. | Name | B.V. Rs. |
|---|---|---|
| 1. | Elpro Internatio | 72.69 |
| 2. | Hinduja Global | 1868.26 |
| 3. | Suumaya Indust. | 244.06 |
| 4. | Prism Finance | 33.81 |
Understanding Book Value Per Share (BVPS)
If a company’s BVPS is higher than its market value per share—its current stock price—then the stock is considered undervalued. If the firm’s BVPS increases, the stock should be perceived as more valuable, and the stock price should increase.
The book value of a company is the difference between that company’s total assets and total liabilities, and not its share price in the market.
Key Takeaways
When the market value is less than book value, the market doesn’t believe the company is worth the value on its books. A higher market value than book value means the market is assigning a high value to the company due to expected earnings increases.
If the book value is higher than the share’s market price, it means the company’s assets are being traded at a lower price than what they are worth.
What is a good book value?
So, if the share price is $10 and book value of equity is $5, investors are ready to pay two times the book value. Ideally, a P/B value under 1.0 is considered good, indicating a potentially undervalued stock. However, value investors often consider stocks with a P/B value under 3.0.
How is book value calculated?
Book Value = (Total Common Shareholders Equity – Preferred Stock) /Number of Outstanding Common Shares.
What is the difference between book value and market value?
Comparing Book Value and Market Value
As indicated by the example, the disparity between book value and market value is recognized at the point of sale of an asset, since the price at which it is sold is the market price, and its net book value is essentially the cost of goods sold.
Is Nike a buy sell or hold?
NIKE has received a consensus rating of Buy. The company’s average rating score is 2.67, and is based on 20 buy ratings, 10 hold ratings, and no sell ratings.
Who is Nike biggest competitor?
Adidas
Adidas. With annual revenue of $22.12 billion, Adidas is the biggest competitor of Nike. The brand actively serves across 55 countries via more than 2500 stores worldwide. Founded in 1924 by Adolf Dassler and Rudolf Dassler, the brand is the largest sportswear manufacturer in Europe and the second-largest globally.
Is Nike stock undervalued?
Nike Inc secures a last-minute Real Value of $149.43 per share. The latest price of the firm is $116.01. At this time, the firm appears to be undervalued.
2022-09-02.
| Low | Estimated Value | High |
|---|---|---|
| 113.66 | 116.15 | 118.64 |
Who owns Nike now?
Phil Knight
4 The co-founder of Nike, Phil Knight, and his son Travis Knight, along with the holding companies and trusts they control, own more than 97% of outstanding Class A shares. 5 This allows the Knight family to exercise effective control of Nike even though it is a publicly traded business.
Is Adidas or Nike worth more?
The brand value of Nike has increased year-on-year since 2010 and reached around 42.5 billion U.S. dollars in 2021. In comparison, the adidas brand was valued at approximately 13.4 billion U.S. dollars in 2021 – increasing for the sixth consecutive year following two years of decline.