Sentences with phrase «measure of tangible book value»

Using the measure of tangible book value per share penalizes acquisitive companies, unless they can buy companies for less than their tangible book value per share.

Not exact matches

Because of our conservative accounting, tangible book value is a very good measure of the growth of the value of our company.

A more consistent measure of value is our tangible book value, which has had healthy growth over time.

All measures like the growth in tangible book value per share become considerably more complicated to evaluate when a company grows via a series of mergers.

Alright, I took a look at my books and I was mistaken, they actually make an argument that tangible book value is not always an accurate measure, especially in the case when the intangibles can be sold off in the case of a patent, rights, or copyright.

If your assets and liabilities are properly valued, if your accounting is appropriately conservative, if you have real earnings without taking excessive risk and if you have strong franchises with defensible margins, tangible book value should be a very conservative measure of value.

Our tangible book value per share is a good, very conservative measure of share - holder value.

So, that's my preferred measure for how much has the underlying value of the firm increased: growth in fully diluted tangible book value (ex-AOCI), adding back dividends, and subtract out net equity issuance / buyback measured not at cost, but at the current market price.

Growth in fully diluted tangible book value (ex-AOCI) is a good measure of firm performance, if you add back dividends, and subtract out net equity issuance / buyback measured not at cost, but at the current market price.