GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Classic Global Finance & Capital Ltd (BOM:538433) » Definitions » Tangible Book per Share

Classic Global Finance & Capital (BOM:538433) Tangible Book per Share : ₹0.00 (As of Dec. 2022)


View and export this data going back to 2014. Start your Free Trial

What is Classic Global Finance & Capital 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. Classic Global Finance & Capital's tangible book value per share for the quarter that ended in Dec. 2022 was ₹0.00.

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.


Classic Global Finance & Capital Tangible Book per Share Historical Data

The historical data trend for Classic Global Finance & Capital'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.

Classic Global Finance & Capital Tangible Book per Share Chart

Classic Global Finance & Capital Annual Data
Trend Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only 1.60 1.61 1.61 1.62 1.62

Classic Global Finance & Capital Quarterly Data
Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22
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 - 1.62 - 1.62 -

Competitive Comparison of Classic Global Finance & Capital's Tangible Book per Share

For the Capital Markets subindustry, Classic Global Finance & Capital'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.


Classic Global Finance & Capital's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Classic Global Finance & Capital's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Classic Global Finance & Capital's Price-to-Tangible-Book falls into.



Classic Global Finance & Capital Tangible Book per Share Calculation

Classic Global Finance & Capital's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(59.634-0-0)/36.728
=1.62

Classic Global Finance & Capital's Tangible Book Value Per Share for the quarter that ended in Dec. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(0-0-0)/96.000
=0.00

* 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.


Classic Global Finance & Capital  (BOM:538433) 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.


Classic Global Finance & Capital Tangible Book per Share Related Terms

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


Classic Global Finance & Capital (BOM:538433) Business Description

Traded in Other Exchanges
N/A
Address
Office Number 8, Sodhi Complex, IInd Floor, Miller Ganj, Opposite Ramgarhia School, Ludhiana, IND, 141003
Classic Global Finance & Capital Ltd operates as a broking company in India. It offers loans for the purchase of equipment and machinery, working capital loans, loans for business or capacity expansion, term loans against property, loans for the purchase of commercial property, and lease rental discounting services. The company also provides investment services to purchase, acquire, subscribe, hold, and dispose of or otherwise invest/deal in shares, debenture stocks, bonds, obligations and securities, units, and other instruments. In addition, it acts as an agent/sub-agent of various agencies, mutual funds, and institutions for the mobilization of funds, deposits, and loans or other securities/units.

Classic Global Finance & Capital (BOM:538433) Headlines

No Headlines