Tangible Book Value per Common Share Definition & Meaning | Financial Term | CSIMarket
CSI Market
Sign In | Register

Glossary

Tangible Book Value per Common Share

Financial Term

Tangible Book Value per Common Share (TBVPS) is calculated by subtracting the intangible assets and liabilities from the shareholders* equity and dividing the result by the outstanding common shares. Intangible assets may include goodwill, patents, trademarks, and other intangible assets acquired through mergers and acquisitions.

TBVPS is used as a measure of a company*s financial strength, as it represents the value of the company*s assets that can be sold or liquidated if the company were to go bankrupt. It is also used by investors and analysts as a valuation metric to assess the company*s stock price relative to its book value.

A company with a high TBVPS indicates that it has a strong financial position and is less likely to experience financial distress. It can also suggest that the company*s stock is undervalued, which could make it an attractive investment opportunity.

However, there are limitations to using TBVPS as a metric, as it does not take into account the future earning potential of the company and does not reflect the impact of inflation and market conditions on the company*s assets. Therefore, investors and analysts often use TBVPS in conjunction with other financial ratios and metrics to gain a more comprehensive understanding of a company*s financial position.


More Glossary Terms Beginning with T
  • T cell
    any of several closely related lymphocytes, developed in the thymus, which circulate in the blood and lymph and orchestrate the immune systems response to infected or malignant cells.
    Health Care Term Letter: T
  • Tangible Book Value per Common Share
    Ratio consisting of tangible common equity (TCE) over period-end common shares outstanding.
    Financial Term Letter: T
  • Tangible Capital
    Total capitalization less goodwill and other intangible assets.
    Financial Term Letter: T
  • Tangible Common Equity to Tangible Assets TCE TA
    A ratio which may be used to evaluate a companys capital position. TCE/TA includes common equity less goodwill and other intangible assets over tangible assets. Tangible assets includes a companys total assets less goodwill and other intangible assets.
    Financial Term Letter: T
  • Tangible Leverage Ratio
    A financial strength ratio that measures proportion of companys Total Liabilities to Stockholders Equity less Goodwill and Intangible Assets. Tangible Leverage Ratio displays companys indebtedness and the leverage of Stockholders Equity less Goodwill and Intangible Assets. The number indicates how much company owes of Total Liabilities for one dollar of Stockholders Equity less Goodwill and Intang
    Fundamental Analysis Letter: T
  • Tangible Net Worth
    With respect to any Person at any date, the excess of the total assets over total liabilities of such Person on such date, each to be determined in accordance with GAAP consistent with those applied in the preparation of A-12 Seller?s financial statements less the sum of the following (without duplication): (a) the book value of all investments in non-consolidated subsidiaries, and (b) any other a
    Financial Term Letter: T
  • Tax Authority
    means any federal, state, provincial, regional, territorial, local or other fiscal, revenue, customs or excise authority, body or official competent to impose, collect or asses tax.
    Economy Term Letter: T
  • Taxable Equivalent Yield
    The yield necessary from a fully taxable investment to equal, on an after-tax basis, the yield of a municipal bond investment.
    Financial Term Letter: T
  • Tcf
    Trillion cubic feet Cubic foot is a common unit of gas measurement. One standard cubic foot equals the volume of gas in one cubic foot measured at standard conditions - a temperature of 60 degrees Fahrenheit and a pressure of 30 inches of mercury (approximately 14.7 pounds per square inch).
    Energy Term Letter: T
  • Tcfe
    Trillion cubic feet of gas equivalent Oil and NGL volumes are converted to natural gas equivalents. Cubic foot is a common unit of gas measurement. One standard cubic foot equals the volume of gas in one cubic foot measured at standard conditions - a temperature of 60 degrees Fahrenheit and a pressure of 30 inches of mercury (approximately 14.7 pounds per square inch).
    Energy Term Letter: T
  • Technicals Technical Analysis Technical Indicators
    Investors use technical analysis to discover appropriate period to acquire and sell security. Technical analysis is statitical assessment of stock market activity, using technical indicators. Technical Indicators are (MACD, Moving Average Envelopes, Accumulation/Distribution Line ...)
    Technical Indicator Letter: T
  • Tender Offer
    A tender offer is a public offer to all of the stockholders of a company asking those stockholders to sell their stock to the party making the tender offer. Typically, a tender offer is commenced when the offeror places a summary advertisement in a major national newspaper, and the offer to purchase is printed and mailed to the target companys stockholders. A tender offer must comply with the rule
    Financial Term Letter: T