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Charter Financial (Charter Financial) Tangible Book per Share : $11.92 (As of Jun. 2018)


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What is Charter Financial 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. Charter Financial's tangible book value per share for the quarter that ended in Jun. 2018 was $11.92.

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.


Charter Financial Tangible Book per Share Historical Data

The historical data trend for Charter Financial'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.

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Charter Financial Tangible Book per Share Chart

Charter Financial Annual Data
Trend Sep06 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15 Sep16 Sep17
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 11.81 12.06 12.51 11.36 11.33

Charter Financial Quarterly Data
Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18
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 11.92 11.33 11.59 11.83 11.92

Competitive Comparison of Charter Financial's Tangible Book per Share

For the Banks - Regional subindustry, Charter Financial'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.


Charter Financial's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Charter Financial's Price-to-Tangible-Book distribution charts can be found below:

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



Charter Financial Tangible Book per Share Calculation

Charter Financial's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2017 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(214.199-0-42.962)/15.1159
=11.33

Charter Financial's Tangible Book Value Per Share for the quarter that ended in Jun. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(224.407-0-42.412)/15.2625
=11.92

* 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.


Charter Financial  (NAS:CHFN) 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.


Charter Financial Tangible Book per Share Related Terms

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Charter Financial (Charter Financial) Business Description

Traded in Other Exchanges
N/A
Address
Charter Financial Corp is a savings and loan holding company. It provides various products and services to individuals and businesses in the United States. Its principal business consists of attracting retail deposits from the general public and investing those deposits in commercial real estate loans, one- to four-family residential mortgage loans, construction loans, commercial loans, home equity loans and lines of credit and other consumer loans. It offers a variety of community banking services to customers, including online banking and bill payment services, mobile banking, safe deposit box rentals, debit card and ATM card services. The company derives significant revenue from service charges on deposit accounts, the bulk of which comes from overdraft-related fees.

Charter Financial (Charter Financial) Headlines