Owens Corning Stock Book Value Per Share

OC Stock  USD 205.62  0.52  0.25%   
Owens Corning fundamentals help investors to digest information that contributes to Owens Corning's financial success or failures. It also enables traders to predict the movement of Owens Stock. The fundamental analysis module provides a way to measure Owens Corning'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 Owens Corning stock.
Last ReportedProjected for Next Year
Book Value Per Share 57.82  60.72 
Tangible Book Value Per Share 25.42  26.69 
The current year's Book Value Per Share is expected to grow to 60.72. The current year's Tangible Book Value Per Share is expected to grow to 26.69.
  
This module does not cover all equities due to inconsistencies in global equity categorizations. Continue to Equity Screeners to view more equity screening tools.

Owens Corning Company Book Value Per Share Analysis

Owens Corning'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 Owens Corning Book Value Per Share

    
  65.54 X  
Most of Owens Corning'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, Owens Corning is considered to be undervalued, and we provide a buy recommendation. Otherwise, we render a sell signal.

Owens Book Value Per Share Driver Correlations

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

Owens Common Stock Shares Outstanding

Common Stock Shares Outstanding

89.11 Million

At present, Owens Corning'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 Owens Corning is about 65 times. This is 99.86% lower than that of the Building Products sector and significantly higher than that of the Industrials industry. The book value per share for all United States stocks is 96.61% higher than that of the company.

Owens Book Value Per Share Peer Comparison

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

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

Owens Fundamentals

About Owens Corning Fundamental Analysis

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

Also Currently Popular

Analyzing currently trending equities could be an opportunity to develop a better portfolio based on different market momentums that they can trigger. Utilizing the top trending stocks is also useful when creating a market-neutral strategy or pair trading technique involving a short or a long position in a currently trending equity.
Check out Owens Corning Piotroski F Score and Owens Corning Altman Z Score analysis.
For information on how to trade Owens Stock refer to our How to Trade Owens Stock guide.
You can also try the Equity Forecasting module to use basic forecasting models to generate price predictions and determine price momentum.
Is Building Products 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 Owens Corning. If investors know Owens 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 Owens Corning listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth
(0.02)
Dividend Share
2.4
Earnings Share
11.78
Revenue Per Share
119.235
Quarterly Revenue Growth
0.229
The market value of Owens Corning is measured differently than its book value, which is the value of Owens that is recorded on the company's balance sheet. Investors also form their own opinion of Owens Corning's value that differs from its market value or its book value, called intrinsic value, which is Owens Corning'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 Owens Corning's market value can be influenced by many factors that don't directly affect Owens Corning'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 Owens Corning's value and its price as these two are different measures arrived at by different means. Investors typically determine if Owens Corning is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Owens Corning'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.