Planet Fitness Stock Book Value Per Share

PLNT Stock  USD 99.55  1.47  1.46%   
Planet Fitness fundamentals help investors to digest information that contributes to Planet Fitness' financial success or failures. It also enables traders to predict the movement of Planet Stock. The fundamental analysis module provides a way to measure Planet Fitness' 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 Planet Fitness stock.
Last ReportedProjected for Next Year
Book Value Per Share(1.40)(1.47)
Tangible Book Value Per Share(14.24)(14.95)
Book Value Per Share is likely to drop to -1.47 in 2024. Tangible Book Value Per Share is likely to drop to -14.95 in 2024.
  
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Planet Fitness Company Book Value Per Share Analysis

Planet Fitness' 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 Planet Fitness Book Value Per Share

    
  (3.16) X  
Most of Planet Fitness' 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, Planet Fitness is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Planet Book Value Per Share Driver Correlations

Understanding the fundamental principles of building solid financial models for Planet Fitness is extremely important. It helps to project a fair market value of Planet Stock properly, considering its historical fundamentals such as Book Value Per Share. Since Planet Fitness' 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 Planet Fitness' 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 Planet Fitness' 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

Planet Common Stock Shares Outstanding

Common Stock Shares Outstanding

73.46 Million

At this time, Planet Fitness' Common Stock Shares Outstanding is comparatively stable compared to the past year.
In accordance with the recently published financial statements, the book value per share of Planet Fitness is about -3.164 times. This is 103.59% lower than that of the Hotels, Restaurants & Leisure sector and 105.94% lower than that of the Consumer Discretionary industry. The book value per share for all United States stocks is 100.16% higher than that of the company.

Planet Book Value Per Share Peer Comparison

Stock peer comparison is one of the most widely used and accepted methods of equity analyses. It analyses Planet Fitness' 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 Planet Fitness could also be used in its relative valuation, which is a method of valuing Planet Fitness by comparing valuation metrics of similar companies.
Planet Fitness is currently under evaluation in book value per share category among its peers.

Planet Fitness Current Valuation Drivers

We derive many important indicators used in calculating different scores of Planet Fitness from analyzing Planet Fitness' financial statements. These drivers represent accounts that assess Planet Fitness' ability to generate profits relative to its revenue, operating costs, and shareholders' equity. Below are some of Planet Fitness' important valuation drivers and their relationship over time.
201920202021202220232024 (projected)
Market Cap6.2B6.2B7.5B6.6B6.0B3.7B
Enterprise Value7.6B7.7B9.0B8.6B7.7B5.3B

Planet Fitness 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, Planet Fitness' sustainability indicators can be used to identify proper investment strategies using environmental, social, and governance scores that are crucial to Planet Fitness' managers, analysts, and investors.
Environmental
Governance
Social

Planet Fundamentals

About Planet Fitness Fundamental Analysis

The Macroaxis Fundamental Analysis modules help investors analyze Planet Fitness's financials across various querterly and yearly statements, indicators and fundamental ratios. We help investors to determine the real value of Planet Fitness using virtually all public information available. We use both quantitative as well as qualitative analysis to arrive at the intrinsic value of Planet Fitness 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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Additional Tools for Planet Stock Analysis

When running Planet Fitness' price analysis, check to measure Planet Fitness' 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 Planet Fitness is operating at the current time. Most of Planet Fitness' value examination focuses on studying past and present price action to predict the probability of Planet Fitness' future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Planet Fitness' price. Additionally, you may evaluate how the addition of Planet Fitness to your portfolios can decrease your overall portfolio volatility.