What is Nikola Book Value per Share?
Nikola's book value per share for the quarter that ended in Jun. 2024 was $10.80.
During the past 12 months, Nikola's average Book Value Per Share Growth Rate was -47.00% per year.During the past 3 years, the average Book Value Per Share Growth Rate was -40.00% 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 6 years, the highest 3-Year average Book Value Per Share Growth Rate of Nikola was 23.70% per year. The lowest was -40.00% per year. And the median was -8.15% per year.
Nikola's current price is $5.40. Its book value per share for the quarter that ended in Jun. 2024 was $10.80. Hence, today's PB Ratio of Nikola is 0.50.
During the past 6 years, the highest P/B Ratio of Nikola was 23.41. The lowest was 0.49. And the median was 3.42.
Good Sign:
Nikola Corp stock PB Ratio (=0.5) is close to 5-year low of 0.49
Nikola Book Value per Share Historical Data
The historical data trend for Nikola'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.
Nikola Book Value per Share Chart
| Nikola Annual Data | ||||||||||||||
| Trend | Dec18 | Dec19 | Dec20 | Dec21 | Dec22 | Dec23 | ||||||||
| Book Value per Share | Get a 7-Day Free Trial | 16.25 | 75.20 | 50.34 | 30.79 | 16.22 | ||||||||
| Nikola 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 | 20.38 | 18.25 | 16.22 | 13.10 | 10.80 | ||||||||||||||
Competitive Comparison of Nikola's Book Value per Share
For the Farm & Heavy Construction Machinery subindustry, Nikola'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.
Nikola's PB Ratio Distribution in the Farm & Heavy Construction Machinery Industry
For the Farm & Heavy Construction Machinery industry and Industrials sector, Nikola's PB Ratio distribution charts can be found below:
* The bar in red indicates where Nikola's PB Ratio falls into.
Nikola Book Value per Share Calculation
Nikola'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) |
| = | (719.17 | - | 0.00) | / | 44.34 | |
| = | 16.22 |
Nikola'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) |
| = | (523.55 | - | 0.00) | / | 48.47 | |
| = | 10.80 |
* 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.
Nikola(NAS:NKLA) 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.
Nikola Book Value per Share Related Terms
Thank you for viewing the detailed overview of Nikola's Book Value per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Nikola Business Description
Industry
GURUFOCUS.COM »STOCK LIST »Industrials » » Nikola Corp (NAS:NKLA) » Definitions » Book Value per Share
Comparable Companies
WNC ASTE CMCO REVG TWI HY LNN MTW SHYF GENC CAT DE PCAR OSTO:VOLV A TSE:6201 TSE:6301 XAMS:EXO OSTO:EPI A SHSE:600031 TSE:6326
Traded in Other Exchanges
NKLA:Mexico 1NKLA:Italy 0A3R:UK 8NI:Germany 8NI:Bulgaria NKLA:Austria
Address
4141 East Broadway Road, Phoenix, AZ, USA, 85040
Website
Nikola Corp is a designer and manufacturer of battery-electric and hydrogen-electric vehicles, electric vehicle drivetrains, vehicle components, energy storage systems, and hydrogen fueling station infrastructure.
Executives
| Joseph S. Cappello | officer: President of Energy | 13001 BAY PARK ROAD, PASADENA TX 77507 |
| Anastasiya Pasterick | officer: Chief Financial Officer | 4141 E BROADWAY ROAD, PHOENIX AZ 85040 |
| John C Vesco | director | 4141 E BROADWAY ROAD, PHOENIX AZ 85040 |
| Carey Mendes | officer: President, Energy | 4141 E BROADWAY ROAD, PHOENIX AZ 85040 |
| Michael Lohscheller | officer: President, Nikola Motor Div. | 4141 E BROADWAY ROAD, PHONEIX AZ 85040 |
| Joseph R. Pike | officer: Chief Human Resources Officer | 4141 E BROADWAY ROAD, PHOENIX AZ 85040 |
| Britton M. Worthen | officer: Chief Legal Officer | 4141 E BROADWAY ROAD, PHOENIX AZ 85040 |
| Mark A Russell | director, 10 percent owner, officer: President and CEO | 200 OLD WILSON BRIDGE ROAD, COLUMBUS OH 43085 |
| Andrew Vesey | director | 4300 WILSON BOULEVARD, ARLINGTON VA 22203 |
| Trevor R. Milton | director, 10 percent owner, officer: Executive Chairman | 4141 E BROADWAY ROAD, PHOENIX AZ 85040 |
| Lynn Forester | director | C/O ESTEE LAUDER COMPANIES INC, 767 FIFTH AVENUE, NEW YORK NY 10153 |
| Pablo M. Koziner | officer: President, Nikola Energy | 4141 E BROADWAY ROAD, PHOENIX AZ 85040 |
| Mary L Petrovich | director | |
| Bruce L. Smith | director | 4141 E BROADWAY ROAD, PHOENIX AZ 85040 |
| Jeffrey W Ubben | director | 1170 GORGAS AVENUE, SAN FRANCISCO CA 94129 |
Nikola Headlines
From GuruFocus
By Business Wire • 12-09-2023
NKLA Investors Have Opportunity to Lead Nikola Corporation Securities Fraud Lawsuit
By PRNewswire • 12-01-2023
ROSEN, A TRUSTED AND LEADING LAW FIRM, Encourages Nikola Corporation Investors to Secure Counsel Before Important Deadline in Securities Class Action - NKLA
By PRNewswire • 11-20-2023
Nikola Corporation Prices Offerings of Common Stock and Convertible Senior Notes
By PRNewswire • 12-08-2023
SUCCESSFUL LAUNCH: NIKOLA PRODUCES 42, WHOLESALES 35 HYDROGEN FUEL CELL ELECTRIC TRUCKS FOR CUSTOMERS IN U.S. AND CANADA IN 2023
By PRNewswire • 01-04-2024
By PRNewswire • 11-16-2023
SHAREHOLDER ALERT: The Gross Law Firm Notifies Shareholders of Nikola Corporation of a Class Action Lawsuit and a Lead Plaintiff Deadline of December 12, 2023 - (NASDAQ: NKLA)
By PRNewswire • 11-21-2023
By Business Wire • 11-16-2023
By PRNewswire • 12-12-2023
NKLA Investors Have Opportunity to Lead Nikola Corporation Securities Fraud Lawsuit
By PRNewswire • 11-21-2023
