Price to book value is a valuation ratio that is measured by stock price book value per share. Latest closing price divided by the earnings per share based on the trailing 12 months. Book value per share financial definition of book value. Clf tangible book per share clevelandcliffs gurufocus. Book value per share can be defined as the amount of equity available to shareholders expressed on a per common share basis. Clf stock clevelandcliffs stock price today markets. The presence of preferred stock in the total stockholders equity, however, has a significant impact on the calculation. Clf, including valuation measures, fiscal year financial statistics, trading record, share statistics and more. May 22, 2019 book value per share compares the amount of stockholders equity to the number of shares outstanding. Book value, per share, reveals the current state of the company and ignores future growth potential. A defensive graham grade requires that all ratings except the last four be 100% or more. The company belongs in the steel industry, basic materials sector and employs 2926 people.
Clf stock quote, history, news and other vital information to help you with your stock trading and investing. This may underestimate the true economic values of the assets. The book value is essentially the tangible accounting value of a firm. Book value per share is a widely used stock evaluation measure. Cliffs natural resources shares cross below book value. Total tangible equity is calculated as the total stockholders equity minus preferred stock minus intangible assets.
Find the latest book value per share for clevelandcliffs inc clf. Book value of equity per share bvps is a ratio that divides common equity value by the number of common stock shares outstanding. What remains is the equity that is distributable to its shareholders. Clf issued a bunch more shares in the first quarter and diluted their shareholders value contributing to clfs falling price. Get the latest clevelandcliffs stock price and detailed information including clf news, historical.
The book value per share is the value each share would be worth if the company were to be liquidated, all the bills paid, and the assets distributed. Clf, including valuation measures, fiscal year financial statistics, trading records, share statistics and more. Tangible book value per share is calculated as the total tangible equity divided by. This is where you have to know your biz or at least confirm your numbers. Which is why the book value of cliffs is now negative, shareholders ate the cost of the companys decision to remake itself. In other words, the value of all shares divided by the number of shares issued. Is a component of indexes and it is traded on nyse exchange. Clf stock clevelandcliffs stock price today markets insider. Historical price to book ratio values for clevelandcliffs clf over the last 10 years. Latest closing price divided by the earningspershare based on the trailing 12 months. Book value per share capital spending net profit margin. Clevelandcliffs inc, formerly cliffs natural resources inc. Compare clf with other stocks clevelandcliffs book value per share historical data. Clevelandcliffs price to book ratio 20062020 clf macrotrends.
Book value per share definition the book value per share is the value each share would be worth if the company were to be liquidated, all the bills paid, and the assets distributed. A financial ratio used to compare a companys current market price to its book value. The book value per share is a market value ratio that weighs stockholders equity against shares outstanding. View clfs stock price, price target, dividend, earnings, financials, forecast, insider. Price to book ratio definition price to book value is a valuation ratio that is measured by stock price book value per share. Pricebook a financial ratio used to compare a companys current market price to its book value. Pb ratios below 1 indicate that a company could be. Price book a financial ratio used to compare a companys current market price to its book value. Jun 29, 2009 book value is the net asset value of the company according to standard accounting practice gaap, audited. The current price to book ratio for clevelandcliffs as of may 18, 2020 is 1. Cleveland cliffs is a mining company with a lot of exposure to china tariffs. Clevelandcliffss tangible book value per share for the quarter that ended in mar. Clevelandcliffs book value per share from 2006 to 2019. Ycharts book value of equity is the equivalent of total assets less total liabilities and preferred equity.
The company should get a nice surge on any positive trade talk news. Usually a companys book value and tangible book per share may not reflect its true value. Its also why the shares have fallen nearly 80% since the beginning of. A value investing assessment for clevelandcliffs inc clf using benjamin grahams 17rule framework that warren buffett recommends. The book value is essentially the tangible accounting value of a firm compared to the market value that is shown. So higher book value means the shares have more liquidation value. Utilities and financials must have the last two ratings exceed 100% instead of the first three. Get all the key statistics for clevelandcliffs inc. Clf company overview, trading data, share statistics, valuation, profitability, financial. Book value of an asset refers to the value of an asset when depreciation is accounted for. Book value per common share is a measure used by owners of common shares in a firm to determine the level of safety associated with each individual share after all debts are paid accordingly.
Book value is the net asset value of the company according to standard accounting practice gaap, audited. Nyse composite index mini value new methodology 1,5. The companys earnings took a huge hit this year due to the downturn in steel as a result of the trade war, and the price plummeted. Jul 24, 2012 in trading on tuesday, shares of cliffs natural resources, inc. Book valueshare the per share value of a company based on its equity available to common shareholders for the trailing 12 months. Price book value is a widely used stock evaluation measure. If the share price of a security gets too high, a company can perform a stock split by issuing all. Get the latest clevelandcliffs stock price and detailed information including clf news, historical charts and realtime prices. Latest closing price divided by the last 12 months revenuecash flow per share. Pb ratios below 1 indicate that a company could be undervalued with respect to its assets and liabilities. Theoretically, the company can sell all its assets and pay off all its debt and liabilities. Book value per share financial definition of book value per share. Book value per common share or, simply book value per share bvps is a method to calculate the pershare book value of a company based on common shareholders equity in the company.
It is calculated by the company as shareholders equity book value divided by the number of shares outstanding. The company is a producer of iron ore pellets in north america and sells its. Price to book value per share ratio concentrated leaders fund has a pb ratio of 0. Find the latest price book value for clevelandcliffs inc clf. Is it better to buy a company with a lower book value. Strictly speaking, the higher the book value, the more the share is worth. In trading on tuesday, shares of cliffs natural resources, inc.
Clf issued a bunch more shares in the first quarter and diluted their shareholders value contributing to clf s falling price. The assets may be carried on the balance sheets at the original cost minus depreciation. Mostly, the book value is calculated for common stock only. Thus, this measure is a possible indicator of the value of a companys stock. Investors need to pay close attention to clevelandcliffs clf stock based on the movements in the options market lately. In depth view into clevelandcliffs book value per share explanation, calculation, historical data and more.
It briefly made a bullish trend line break friday when the market. Fundamental analysis data for clevelandcliffs inc clf, including priceearnings ratios and earnings per share, at ally invest. Find out all the key statistics for clevelandcliffs inc. The company is a supplier of iron ore pellets to the north american steel industry from its mines and pellet plants located in michigan and minnesota.
View book value per share for clf access over 100 stock metrics like beta, evebitda, pe10, free cash flow yield, kz index and cash conversion cycle. Aug 17, 2019 the book value per share is a market value ratio that weighs stockholders equity against shares outstanding. One way to look at book value per share is to consider what will happen if the company ceases all operations today. Book value per share compares the amount of stockholders equity to the number of shares outstanding.
Date, stock price, book value per share, price to book ratio. Book value per share of common stock explanation, formula. Please click growth rate calculation example gurufocus to see how gurufocus calculates walmart stores inc wmts revenue growth rate. Book value per share is the gaap number number of shares outstanding. Apr 15, 2020 book value per common share is a measure used by owners of common shares in a firm to determine the level of safety associated with each individual share after all debts are paid accordingly. Book value share the per share value of a company based on its equity available to common shareholders for the trailing 12 months. If the market value per share is lower than the book value per share, then the stock price may be undervalued. In depth view into clevelandcliffs book value per share explanation, calculation, historical. The book value per share is the amount of the assets that will go to common equity in the event of liquidation. The formulas and examples for calculating book value per share with and without preferred stock are given below.
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