Sentences with phrase «tangible book values if»

I think what Buffett implies here is to not get too caught up with discounts to tangible book values if you plan to be a long term owner of the business.

Not exact matches

If you purchase shares of our common stock in this offering, you will experience immediate and substantial dilution of $ in the net tangible book value per share, assuming an initial public offering price of $ per share (the midpoint of the price range set forth on the front cover of this prospectus).

Therefore, if you purchase shares of our Class A common stock in this offering, you will experience immediate dilution of $ per share, the difference between the price per share you pay for our Class A common stock and its pro forma net tangible book value per share as of September 30, 2010, after giving effect to the issuance of shares of our Class A common stock in this offering.

Therefore, if you purchase our common stock in this offering, you will incur immediate dilution of $ in the net tangible book value per share from the price you paid.

Therefore, if you purchase our common stock in this offering, you will incur an immediate dilution of $ in net tangible book value per share from the price you paid, based on an assumed initial public offering price of $ per share (the midpoint of the price range set forth on the cover of this prospectus).

The price to tangible book value ratio to some degree overcomes this issue and more closely represents what common shareholders can expect to receive if the firm goes bankrupt and all of its assets are liquidated at their book values.

If we subtract the intangibles from total equity that leaves $ 45 million in tangible book value (TBV).

However, if I look at the developement of book values for financial companies, I always look at both, stated and tangible book value per share.

If anyone knows of any study explicitly examining the performance of stocks selected on the basis of price - to - tangible book value, please shoot me an email at greenbackd at gmail or leave a comment in this post.

And, certainly, most of our businesses, if we sold them whole, would sell at a substantial premium to tangible book value.

If you like our businesses, buying back stock at tangible book value is a very good deal.

If you run the same numbers as above, but at $ 45 per share, buybacks would be accretive to earnings and approximately break even to tangible book value — still attractive but far less so.

Stocks were selected and held only if they appeared undervalued based on ratios like price to earnings, price to «owner earnings» (similar to free cash flow), enterprise value to operating earnings, and price to tangible book.

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 valuIf 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 valuif 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 valuif 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 valuif you have strong franchises with defensible margins, tangible book value should be a very conservative measure of value.

And, if I can be so radical, we begin ignoring earnings and focus on growth tangible book value per share.

[NB: i) Church House's Argo stake is held by the Deep Value Investments Fund, managed by Jeroen Bos — if you haven't read it already, I can highly recommend his recent book «Deep Value Investing», ii) XXX Capital Management is a well - known European hedge fund, which hasn't publicly disclosed a holding in Argo to date, hence the redaction — Argo management are obviously aware of their shareholding & support, and iii) the letter was based on a GBP 14p share price & a higher GBP / USD rate — at the current 13.875 p price and exchange rate, Argo now trades at a 36 % discount to net cash and investments, and a 47 % discount to net tangible assets.]

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.

Tangible book value is what shareholders of the company can expect to receive if the company were to go bankrupt and takes out items such as goodwill that no one buys when assets are liquidated.