23andme Holding Co Stock Book Value Per Share

ME Stock  USD 3.23  0.08  2.54%   
23Andme Holding Co fundamentals help investors to digest information that contributes to 23Andme Holding's financial success or failures. It also enables traders to predict the movement of 23Andme Stock. The fundamental analysis module provides a way to measure 23Andme Holding's intrinsic value by examining its available economic and financial indicators, including the cash flow records, the balance sheet account changes, the income statement patterns, and various microeconomic indicators and financial ratios related to 23Andme Holding stock.
Last ReportedProjected for Next Year
Book Value Per Share 0.40  0.38 
Tangible Book Value Per Share 0.28  0.27 
As of November 22, 2024, Book Value Per Share is expected to decline to 0.38. In addition to that, Tangible Book Value Per Share is expected to decline to 0.27.
  
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23Andme Holding Co Company Book Value Per Share Analysis

23Andme Holding's Book Value per Share (B/S) can be calculated by subtracting liabilities from assets, and then dividing it by the total number of currently outstanding shares. It indicates the level of safety associated with each common share after removing the effects of liabilities. In other words, a shareholder can use this ratio to see how much he or she can sell the stake in the company in the event of a liquidation.

Book Value per Share

 = 

Common Equity

Average Shares

More About Book Value Per Share | All Equity Analysis

Current 23Andme Holding Book Value Per Share

    
  7.69 X  
Most of 23Andme Holding's fundamental indicators, such as Book Value Per Share, are part of a valuation analysis module that helps investors searching for stocks that are currently trading at higher or lower prices than their real value. If the real value is higher than the market price, 23Andme Holding Co is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

23Andme Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for 23Andme Holding is extremely important. It helps to project a fair market value of 23Andme Stock properly, considering its historical fundamentals such as Book Value Per Share. Since 23Andme Holding's main accounts across its financial reports are all linked and dependent on each other, it is essential to analyze all possible correlations between related accounts. However, instead of reviewing all of 23Andme Holding's historical financial statements, investors can examine the correlated drivers to determine its overall health. This can be effectively done using a conventional correlation matrix of 23Andme Holding's interrelated accounts and indicators.
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The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as goodwill, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.
Competition

23Andme Common Stock Shares Outstanding

Common Stock Shares Outstanding

22.61 Million

At present, 23Andme Holding's Common Stock Shares Outstanding is projected to decrease significantly based on the last few years of reporting.
In accordance with the recently published financial statements, the book value per share of 23Andme Holding Co is about 7.693 times. This is 552.53% lower than that of the Biotechnology sector and 107.72% lower than that of the Health Care industry. The book value per share for all United States stocks is 99.6% higher than that of the company.

23Andme Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses 23Andme Holding's direct or indirect competition against its Book Value Per Share to detect undervalued stocks with similar characteristics or determine the stocks which would be a good addition to a portfolio. Peer analysis of 23Andme Holding could also be used in its relative valuation, which is a method of valuing 23Andme Holding by comparing valuation metrics of similar companies.
23Andme Holding is currently under evaluation in book value per share category among its peers.

23Andme Holding ESG Sustainability

Some studies have found that companies with high sustainability scores are getting higher valuations than competitors with lower social-engagement activities. While most ESG disclosures are voluntary and do not directly affect the long term financial condition, 23Andme Holding's sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to 23Andme Holding's managers, analysts, and investors.
Environmental
Governance
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23Andme Fundamentals

About 23Andme Holding Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze 23Andme Holding Co's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of 23Andme Holding using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of 23Andme Holding Co based on its fundamental data. In general, a quantitative approach, as applied to this company, focuses on analyzing financial statements comparatively, whereas a qaualitative method uses data that is important to a company's growth but cannot be measured and presented in a numerical way.
Please read more on our fundamental analysis page.

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Is Biotechnology space expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of 23Andme Holding. If investors know 23Andme will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about 23Andme Holding listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Earnings Share
(122.52)
Revenue Per Share
8.224
Quarterly Revenue Growth
(0.34)
Return On Assets
(0.26)
Return On Equity
(1.54)
The market value of 23Andme Holding is measured differently than its book value, which is the value of 23Andme that is recorded on the company's balance sheet. Investors also form their own opinion of 23Andme Holding's value that differs from its market value or its book value, called intrinsic value, which is 23Andme Holding's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because 23Andme Holding's market value can be influenced by many factors that don't directly affect 23Andme Holding's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between 23Andme Holding's value and its price as these two are different measures arrived at by different means. Investors typically determine if 23Andme Holding is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, 23Andme Holding's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.