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Tesco (TESO) Tangible Book per Share : $5.81 (As of Sep. 2017)


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What is Tesco 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. Tesco's tangible book value per share for the quarter that ended in Sep. 2017 was $5.81.

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.


Tesco Tangible Book per Share Historical Data

The historical data trend for Tesco'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.

Tesco Tangible Book per Share Chart

Tesco Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.06 11.97 12.16 9.46 6.60

Tesco Quarterly Data
Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17
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 6.97 6.60 6.31 6.07 5.81

Competitive Comparison of Tesco's Tangible Book per Share

For the Oil & Gas Equipment & Services subindustry, Tesco'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.


Tesco's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Tesco's Price-to-Tangible-Book distribution charts can be found below:

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



Tesco Tangible Book per Share Calculation

Tesco's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2016 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(309.583-0-1.278)/46.688
=6.60

Tesco's Tangible Book Value Per Share for the quarter that ended in Sep. 2017 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(274.481-0-2.811)/46.756
=5.81

* 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.


Tesco  (NAS:TESO) 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.


Tesco Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Tesco's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Tesco (TESO) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Tesco Corp is engaged in designing, manufacturing and service delivery of technology based solutions for the upstream energy industry. Its products and service offerings consist of equipment sales and services to drilling contractors.
Executives
Roy Mcniven officer: Vice President, TCUS 24955 INTERSTATE 45 N, THE WOODLANDS TX 77380
Elijio V Serrano director 24955 INTERSTATE 45 NORTH, THE WOODLANDS TX 77380
Michael W Sutherlin director 7374 SE 71ST STREET, MERCER ISLAND WA 98040
John Dielwart director 5320 LEGACY DR., PLANO TX 75024
Rose M Robeson director 370 17TH STREET, SUITE 2775, DENVER CO 80202
Sloan Thomas B Jr officer: Vice President 3993 W SAM HOUSTON PKWY N., STE 100, HOUSTON TX 77043
Julio M Quintana director 3993 W. SAM HOUSTON PARKWAY N., STE. 100, HOUSTON TX 77043
John T Reynolds director, 10 percent owner C/O C/O LIME ROCK PARTNERS, 518 RIVER SIDE AVE BLDG 11 2ND FL, WESTPORT CT 06880
Lime Rock Partners V Lp 10 percent owner C/O LIME ROCK MANAGEMENT LP, 274 RIVERSIDE AVE, 3RD FLOOR, WESTPORT CT 06880
Lrp V Luxembourg Holdings S.a R.l. 10 percent owner VERTIGO NAOS BUILDING, 6, RUE EUGENE RUPPERT, LUXEMBOURG N4 L-2453
John U Clarke director PENN VIRGINIA CORPORATION, FOUR RADNOR CORPORATE CENTER, STE 200, RADNOR PA 19087
Clifton Thomas Weatherford director 1001 E. HILLSDALE BOULEVARD, SUITE 800, FOSTER CITY CA 94404
Nigel M Lakey officer: Sr. VP, Marketing & Bus. Dev. 10260 WESTHEIMER RD., HOUSTON TX 77042
Anthony Tripodo officer: Exec. V. P. & CFO 3505 W SAM HOUSTON PKWY NORTH, SUITE 400, HOUSTON TX 77043
Capital Management Oss 10 percent owner 598 MADISON AVENUE, 10TH FLOOR, NEW YORK NY 10022

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