Equity Valuation
Tangible Book Value Per Share
Definition
What is Tangible Book Value Per Share?
Tangible ordinary equity divided by shares outstandingThe total shares currently held by all shareholders, excluding shares retired by the company..
Example in practice
How This Looks in Practice
Analysts compare a bank's share priceThe market price at which one share is quoted or traded. with tangible book valueBook value after deducting goodwill and other intangible assets. per share.
Keep learning
Related Terms
Equity Valuation
Earnings Per Share
Net income attributable to ordinary shareholders divided by weighted average ordinary shares.
Equity ValuationDiluted Earnings Per Share
Earnings per share assuming potentially dilutive securities convert into ordinary shares.
Equity ValuationBasic Earnings Per Share
Earnings per share calculated using actual weighted average ordinary shares outstanding.
Cash Flow AnalysisOperating Cash Flow
Cash generated or used by a company's core operations.