Tangible Book Value per Share
Tangible Book Value per Share (TBVPS) is a financial metric that indicates a company's tangible net asset value per share, representing the amount that shareholders would receive per share if the company were to liquidate. To calculate TBVPS, you subtract a company's intangible assets and goodwill from its book value and divide the result by the outstanding shares. This metric is commonly used to identify companies that are trading below their tangible book value, which could signal an undervalued investment opportunity.
Additional Details
| Metric Name |
Type |
Default Period Type |
| tang_book_value_per_share |
fin_metric |
FY |
| Data Format |
Display Format |
Unit |
| float |
number |
usdpershare |