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Rediff.com India (Rediff.com India) Tangible Book per Share : $0.09 (As of Sep. 2015)


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What is Rediff.com India Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Rediff.com India's tangible book value per share for the quarter that ended in Sep. 2015 was $0.09.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Rediff.com India Tangible Book per Share Historical Data

The historical data trend for Rediff.com India's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

Rediff.com India Tangible Book per Share Chart

Rediff.com India Annual Data
Trend Mar06 Mar07 Mar08 Mar09 Mar10 Mar11 Mar12 Mar13 Mar14 Mar15
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.80 1.39 1.01 0.72 0.22

Rediff.com India Quarterly Data
Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only - 0.22 - 0.09 -

Competitive Comparison of Rediff.com India's Tangible Book per Share

For the Internet Content & Information subindustry, Rediff.com India's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Rediff.com India's Price-to-Tangible-Book Distribution in the Interactive Media Industry

For the Interactive Media industry and Communication Services sector, Rediff.com India's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Rediff.com India's Price-to-Tangible-Book falls into.



Rediff.com India Tangible Book per Share Calculation

Rediff.com India's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(6.144-0-0)/27.5904
=0.22

Rediff.com India's Tangible Book Value Per Share for the quarter that ended in Sep. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(2.5-0-0)/27.590
=0.09

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Rediff.com India  (OTCPK:REDFY) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Rediff.com India Tangible Book per Share Related Terms

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Rediff.com India (Rediff.com India) Business Description

Traded in Other Exchanges
N/A
Address
L. J. First Cross Road, 1st Floor, Mahalaxmi Engineering Estate, Mahim (West), Mumbai, MH, IND, 400016
Rediff.com India Ltd is an India-based internet company, which delivers digital content and e-commerce marketplace services. The services are delivered through the source of websites, tablets, and mobile which includes news and information, enterprise e-mail services, online shopping marketplace and Internet-based local television advertising platform. The group's secure Internet platform provides a communication suite to businesses of all sizes.

Rediff.com India (Rediff.com India) Headlines

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