Fortinet Book Value Per Share from 2010 to 2024

FTNT Stock

USD 92.77 1.25 1.33%

Fortinet Book Value Per Share yearly trend continues to be comparatively stable with very little volatility. Book Value Per Share is likely to outpace its year average in 2024. Book Value Per Share is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of Fortinet according to its financial statements. View All Fundamentals

Book Value Per Share

First Reported

2010-12-31

Previous Quarter

(0.60)

Current Value

(0.57)

Quarterly Volatility

0.65387617

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Yuan Drop

Covid

Check Fortinet financial statements over time to gain insight into future company performance. You can evaluate financial statements to find patterns among Fortinet's main balance sheet or income statement drivers, such as Depreciation And Amortization of 398.7 M, Interest Expense of 13.6 M or Selling General Administrative of 221.9 M, as well as many indicators such as Price To Sales Ratio of 5.5, Dividend Yield of 0.0 or Days Sales Outstanding of 68.9. Fortinet financial statements analysis is a perfect complement when working with Fortinet Valuation or Volatility modules.

Check out the analysis of Fortinet Correlation against competitors.

For more information on how to buy Fortinet Stock please use our How to Invest in Fortinet guide.

Latest Fortinet's Book Value Per Share Growth Pattern

Below is the plot of the Book Value Per Share of Fortinet over the last few years. It is the ratio of equity available to common shareholders divided by the number of outstanding shares. This measure represents the value per share of a company according to its financial statements. Fortinet's Book Value Per Share historical data analysis aims to capture in quantitative terms the overall pattern of either growth or decline in Fortinet's overall financial position and show how it may be relating to other accounts over time.

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Last Reported 1.19 X

10 Years Trend

Slightly volatile

Compare to Others All Fundamentals

Book Value Per Share

Timeline

Fortinet Book Value Per Share Regression Statistics

	Arithmetic Mean	0.56
	Geometric Mean	0.62
	Coefficient Of Variation	116.71
	Mean Deviation	0.52
	Median	0.72
	Standard Deviation	0.65
	Sample Variance	0.43
	Range	2.1413
	R-Value	(0.29)
	Mean Square Error	0.42
	R-Squared	0.09
	Significance	0.29
	Slope	(0.04)
	Total Sum of Squares	5.99

Fortinet Book Value Per Share History

	2024	-0.57
	2023	-0.6
	2022	-0.36
	2021	0.98
	2020	1.04
	2019	1.55
	2018	1.19

Other Fundumenentals of Fortinet

Tangible Book Value Per Share

Fortinet Book Value Per Share component correlations

	Total Assets	Total Stockholder Equity	Current Deferred Revenue	Net Debt	Retained Earnings	Accounts Payable	Net Receivables	Short Term Investments	Total Liab	Total Current Assets	Short Term Debt	Common Stock	Property Plant Equipment	Intangible Assets	Net Tangible Assets	Capital Surpluse	Deferred Long Term Liab	Long Term Investments	Good Will	Net Invested Capital	Net Working Capital	Capital Stock	Long Term Debt Total
Total Assets		-0.44	0.99	-0.25	-0.87	0.97	0.98	0.88	0.98	1.0	0.63	0.85	0.99	0.8	-0.55	0.86	0.9	-0.45	0.97	0.39	0.35	0.8	0.67
Total Stockholder Equity	-0.44		-0.55	-0.52	0.82	-0.5	-0.57	-0.12	-0.59	-0.38	-0.28	-0.76	-0.58	-0.08	0.98	-0.08	-0.64	0.49	-0.42	0.42	0.52	-0.83	-0.69
Current Deferred Revenue	0.99	-0.55		-0.2	-0.93	0.97	1.0	0.82	1.0	0.98	0.62	0.91	1.0	0.72	-0.64	0.82	0.95	-0.54	0.95	0.26	0.23	0.87	0.74
Net Debt	-0.25	-0.52	-0.2		-0.05	-0.28	-0.2	-0.24	-0.12	-0.34	-0.18	0.02	-0.16	-0.4	-0.46	-0.61	-0.21	0.37	-0.24	-0.35	-0.49	0.1	0.19
Retained Earnings	-0.87	0.82	-0.93	-0.05		-0.89	-0.94	-0.59	-0.94	-0.84	-0.57	-0.96	-0.94	-0.54	0.87	-0.62	-0.94	0.62	-0.83	0.04	0.1	-0.96	-0.8
Accounts Payable	0.97	-0.5	0.97	-0.28	-0.89		0.98	0.76	0.96	0.96	0.62	0.87	0.97	0.8	-0.61	0.84	0.92	-0.52	0.96	0.27	0.23	0.83	0.59
Net Receivables	0.98	-0.57	1.0	-0.2	-0.94	0.98		0.79	0.99	0.97	0.61	0.92	0.99	0.72	-0.66	0.81	0.96	-0.56	0.95	0.22	0.19	0.89	0.73
Short Term Investments	0.88	-0.12	0.82	-0.24	-0.59	0.76	0.79		0.81	0.88	0.51	0.58	0.81	0.72	-0.23	0.79	0.64	-0.16	0.86	0.64	0.61	0.5	0.56
Total Liab	0.98	-0.59	1.0	-0.12	-0.94	0.96	0.99	0.81		0.97	0.62	0.91	1.0	0.73	-0.68	0.79	0.93	-0.5	0.95	0.27	0.21	0.88	0.74
Total Current Assets	1.0	-0.38	0.98	-0.34	-0.84	0.96	0.97	0.88	0.97		0.62	0.82	0.97	0.8	-0.48	0.89	0.89	-0.48	0.96	0.41	0.39	0.77	0.65
Short Term Debt	0.63	-0.28	0.62	-0.18	-0.57	0.62	0.61	0.51	0.62	0.62		0.57	0.63	0.58	-0.41	0.63	0.55	-0.29	0.61	0.22	0.19	0.5	0.38
Common Stock	0.85	-0.76	0.91	0.02	-0.96	0.87	0.92	0.58	0.91	0.82	0.57		0.9	0.46	-0.82	0.58	0.95	-0.61	0.77	-0.1	-0.13	0.99	0.82
Property Plant Equipment	0.99	-0.58	1.0	-0.16	-0.94	0.97	0.99	0.81	1.0	0.97	0.63	0.9		0.74	-0.67	0.8	0.93	-0.52	0.96	0.28	0.23	0.87	0.72
Intangible Assets	0.8	-0.08	0.72	-0.4	-0.54	0.8	0.72	0.72	0.73	0.8	0.58	0.46	0.74		-0.22	0.86	0.54	-0.1	0.84	0.65	0.59	0.4	0.18
Net Tangible Assets	-0.55	0.98	-0.64	-0.46	0.87	-0.61	-0.66	-0.23	-0.68	-0.48	-0.41	-0.82	-0.67	-0.22		-0.19	-0.7	0.46	-0.52	0.34	0.45	-0.87	-0.67
Capital Surpluse	0.86	-0.08	0.82	-0.61	-0.62	0.84	0.81	0.79	0.79	0.89	0.63	0.58	0.8	0.86	-0.19		0.72	-0.41	0.85	0.49	0.52	0.5	0.43
Deferred Long Term Liab	0.9	-0.64	0.95	-0.21	-0.94	0.92	0.96	0.64	0.93	0.89	0.55	0.95	0.93	0.54	-0.7	0.72		-0.73	0.85	0.01	0.03	0.94	0.77
Long Term Investments	-0.45	0.49	-0.54	0.37	0.62	-0.52	-0.56	-0.16	-0.5	-0.48	-0.29	-0.61	-0.52	-0.1	0.46	-0.41	-0.73		-0.4	0.28	0.17	-0.63	-0.53
Good Will	0.97	-0.42	0.95	-0.24	-0.83	0.96	0.95	0.86	0.95	0.96	0.61	0.77	0.96	0.84	-0.52	0.85	0.85	-0.4		0.47	0.43	0.73	0.57
Net Invested Capital	0.39	0.42	0.26	-0.35	0.04	0.27	0.22	0.64	0.27	0.41	0.22	-0.1	0.28	0.65	0.34	0.49	0.01	0.28	0.47		0.96	-0.16	-0.17
Net Working Capital	0.35	0.52	0.23	-0.49	0.1	0.23	0.19	0.61	0.21	0.39	0.19	-0.13	0.23	0.59	0.45	0.52	0.03	0.17	0.43	0.96		-0.19	-0.16
Capital Stock	0.8	-0.83	0.87	0.1	-0.96	0.83	0.89	0.5	0.88	0.77	0.5	0.99	0.87	0.4	-0.87	0.5	0.94	-0.63	0.73	-0.16	-0.19		0.83
Long Term Debt Total	0.67	-0.69	0.74	0.19	-0.8	0.59	0.73	0.56	0.74	0.65	0.38	0.82	0.72	0.18	-0.67	0.43	0.77	-0.53	0.57	-0.17	-0.16	0.83

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About Fortinet Financial Statements

Fortinet shareholders use historical fundamental indicators, such as Book Value Per Share, to determine how well the company is positioned to perform in the future. Although Fortinet investors may analyze each financial statement separately, they are all interrelated. The changes in Fortinet's assets and liabilities, for example, are also reflected in the revenues and expenses on on Fortinet's income statement. Understanding these patterns can help investors time the market effectively. Please read more on our fundamental analysis page.

	Last Reported	Projected for Next Year
Book Value Per Share	(0.60)	(0.57)
Tangible Book Value Per Share	(0.80)	(0.76)

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Additional Tools for Fortinet Stock Analysis

When running Fortinet's price analysis, check to measure Fortinet's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Fortinet is operating at the current time. Most of Fortinet's value examination focuses on studying past and present price action to predict the probability of Fortinet's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Fortinet's price. Additionally, you may evaluate how the addition of Fortinet to your portfolios can decrease your overall portfolio volatility.

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