Not exact matches
Tangible book value Tangible book value is simply what remains after
subtracting goodwill and other intangibles from shareholders» equity (also known as
book value).
If we
subtract the intangibles from total equity that leaves $ 45 million in
tangible book value (TBV).
How do you calculate
Tangible Book Value, is it just Book value with Goodwill subtracted from total as
Value, is it just
Book value with Goodwill subtracted from total as
value with Goodwill
subtracted from total assets?
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).
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.