What is Canadian Tire Book Value per Share?
Canadian Tire's book value per share for the quarter that ended in Jun. 2024 was $74.30.
During the past 12 months, Canadian Tire's average Book Value Per Share Growth Rate was 10.80% per year.During the past 3 years, the average Book Value Per Share Growth Rate was 10.50% per year.During the past 5 years, the average Book Value Per Share Growth Rate was 9.00% per year.During the past 10 years, the average Book Value Per Share Growth Rate was 4.40% 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 Canadian Tire was 12.80% per year. The lowest was -0.80% per year. And the median was 7.70% per year.
Canadian Tire's current price is $117.045. Its book value per share for the quarter that ended in Jun. 2024 was $74.30. Hence, today's PB Ratio of Canadian Tire is 1.58.
During the past 13 years, the highest P/B Ratio of Canadian Tire was 2.69. The lowest was 1.19. And the median was 2.08.
Canadian Tire Book Value per Share Historical Data
The historical data trend for Canadian Tire'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.
Canadian Tire Book Value per Share Chart
| Canadian Tire Annual Data | ||||||||||||||||||||
| Trend | Dec14 | Dec15 | Dec16 | Dec17 | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||||
| Book Value per Share | Get a 7-Day Free Trial | 51.73 | 57.76 | 66.55 | 71.68 | 74.35 | ||||||||||||||
| Canadian Tire Quarterly Data | ||||||||||||||||||||
| Sep19 | Dec19 | Mar20 | Jun20 | Sep20 | Dec20 | Mar21 | Jun21 | Sep21 | Dec21 | Mar22 | Jun22 | Sep22 | Dec22 | Mar23 | Jun23 | Sep23 | Dec23 | Mar24 | Jun24 | |
| Book Value per Share | Get a 7-Day Free Trial | 69.17 | 67.27 | 74.35 | 73.65 | 74.30 | ||||||||||||||
Competitive Comparison of Canadian Tire's Book Value per Share
For the Specialty Retail subindustry, Canadian Tire'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.
Canadian Tire's PB Ratio Distribution in the Retail - Cyclical Industry
For the Retail - Cyclical industry and Consumer Cyclical sector, Canadian Tire's PB Ratio distribution charts can be found below:
* The bar in red indicates where Canadian Tire's PB Ratio falls into.
Canadian Tire Book Value per Share Calculation
Canadian Tire'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) |
| = | (4,135 | - | 0) | / | 56 | |
| = | 74.35 |
Canadian Tire's Book Value Per Share for the quarter that ended in Jun. 2024 is calculated as:
| Book Value Per Share | = | (Total Stockholders Equity | - | Preferred Stock) | / | Shares Outstanding (EOP) |
| = | (4,133 | - | 0) | / | 56 | |
| = | 74.30 |
* 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.
Canadian Tire(OTCPK:CDNAF) 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.
Canadian Tire Book Value per Share Related Terms
Thank you for viewing the detailed overview of Canadian Tire's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Canadian Tire Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Consumer Cyclical » Retail - Cyclical » Canadian Tire Corp Ltd (OTCPK:CDNAF) » Definitions » Book Value per Share
Comparable Companies
TSX:LNF TSX:PET TSX:ZZZ TSX:GBT TSX:KITS XCNQ:TRAI TSXV:AWI TSXV:RUM XCNQ:CCR TSXV:FTI ORLY TSX:ATD AZO TSCO DKS BBY ULTA WSM SHSE:601888 CASY
Traded in Other Exchanges
YAAA:Germany CTC.A:Canada CTC:Canada
Address
2180 Yonge Street, P.O. Box 770, Toronto, ON, CAN, M4P 2V8
Website
Canadian Tire sells home goods, sporting equipment, apparel, footwear, automotive parts and accessories, and vehicle fuel through a roughly 1,700-store network of company, dealer, and franchisee-operated locations across Canada. Aside from the namesake banner, stores operate primarily under the Mark's, SportChek, Party City, Atmosphere, and PartSource monikers. Additionally, the company owns Helly Hansen, a Norwegian sportswear and workwear brand, and also operates and holds majority ownership of a financing arm (Canadian Tire Financial Services; 20% owned by Scotiabank) and a REIT (CT REIT; Canadian Tire owns about 70%).
Canadian Tire Headlines
From GuruFocus
Spruce Point Capital Management Releases A Strong Sell Research Opinion On Canadian Tire Corporation (TSE: CTC.A)
By PRNewswire PRNewswire • 12-05-2019
Canadian Tire and NuPort Robotics to Commercialize Canada's First Automated Heavy Duty Trucking Technology
By ACCESSWIRE ACCESSWIRE • 03-11-2021
Petco Expands to Canada through New Partnership with Canadian Tire
By PRNewswire PRNewswire • 08-07-2018
Sherwood Hockey Announces Exclusive Partnership With 2023 No.1 Overall NHL Draft Pick Connor Bedard
By PRNewswire • 08-11-2023
Leith Wheeler Comments on Canadian Tire
By Sydnee Gatewood Sydnee Gatewood • 02-04-2020
October Canadian Insider Buys Update
By Monica Wolfe Monica Wolfe • 10-15-2013
