Tangible Book Value per Share

Metadata

  • Id: tang_book_val_per_sh
  • Type: fundamentals
  • Subtype: ratios
  • Units: ratio
  • Decimal Points: 2
  • Currency Convertible: Yes
  • Tags: “Tangible Book Value per Share”, “TBVPS”, “Tangible Equity per Share”, “Net Tangible Asset Value per Share”, “Tangible Shareholders’ Equity per Share”

Description

Tangible Book Value per Share is a way to calculate how much each share of a company’s common stock is worth based on its physical assets. It shows how much money would be left for the common shareholders if the company sold all its tangible assets and paid all its liabilities. It does not include any intangible assets such as patents, trademarks, or goodwill. It can help investors decide if a stock is cheap or expensive compared to its market price. The formula for Tangible Book Value per Share is:
Tangible Book Value per Share = Tangible Common Equity / Number of Shares Outstanding
Where: - Tangible Common Equity is R0130, tangible_common_equity - Shares Outstanding is BS078, bs_sh_out