I calculate
Tangible Book Value per share by subtracting «Goodwill» (69,967 m) and «Total Liabilities» (1,898,945 m) from Total Assets (2,129,046 m).
«This quarter, we increased
tangible book value per share by 11 percent while returning nearly $ 2.2 billion in capital to common shareholders.»
Not exact matches
Tangible book value per share is adjusted
book value per share excluding the after - tax
value of goodwill and other intangible assets divided
by the number of common
shares outstanding.
Dilution in pro forma net
tangible book value per share to investors purchasing
shares of our Class A common stock in this offering represents the difference between the amount
per share paid
by investors purchasing
shares of our Class A common stock in this offering and the pro forma as adjusted net
tangible book value per share of our Class A common stock immediately after completion of this offering.
The price to
tangible book value ratio is simply the current price of the stock divided
by the latest quarterly
tangible book value per share.
Our net
tangible book value at March 31, 2012 was $ 0.24
per share and was determined
by dividing our actual net
tangible book value (total
book value of
tangible assets less total liabilities) on that date,
by the number of outstanding
shares (1,249,446) on March 31, 2012.