GURUFOCUS.COM » STOCK LIST » Industrials » Industrial Products » Dialight PLC (LSE:DIA) » Definitions » Tangible Book per Share

Dialight (LSE:DIA) Tangible Book per Share : £1.27 (As of Jun. 2023)


View and export this data going back to 1993. Start your Free Trial

What is Dialight 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. Dialight's tangible book value per share for the quarter that ended in Jun. 2023 was £1.27.

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.


Dialight Tangible Book per Share Historical Data

The historical data trend for Dialight'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.

Dialight Tangible Book per Share Chart

Dialight Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.42 1.10 1.17 1.43 1.37

Dialight Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 1.17 1.40 1.43 1.27 1.37

Competitive Comparison of Dialight's Tangible Book per Share

For the Electrical Equipment & Parts subindustry, Dialight'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.


Dialight's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Dialight's Price-to-Tangible-Book distribution charts can be found below:

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



Dialight Tangible Book per Share Calculation

Dialight's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(65.2-0-10.6)/39.8281
=1.37

Dialight's Tangible Book Value Per Share for the quarter that ended in Jun. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(62.2-0-20.2)/33.1929
=1.27

* 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.


Dialight  (LSE:DIA) 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.


Dialight Tangible Book per Share Related Terms

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


Dialight (LSE:DIA) Business Description

Traded in Other Exchanges
Address
25 Old Broad Street, Leaf C, Level 36, Tower 42, London, GBR, EC2N 1HQ
Dialight PLC manufactures and sells light-emitting diode (LED) lighting fixtures for use in hazardous and industrial locations. It provides lighting products to customers in industrial sectors including steel foundries, pulp and paper mills, automotive manufacturers, utility, and wastewater plants, and food and beverage processing plants. In addition, it provides specialist lighting products for hazardous industrial sites, including the oil and gas and mining sectors. Its segments are Lighting, Signals, and Components. The majority of the revenue is derived from the sale of LED lighting solutions and anti-collision obstruction lighting. Geographically it derives the majority of its revenue from North America.

Dialight (LSE:DIA) Headlines

From GuruFocus

NISSAY ASSET MANAGEMENT CORP /JAPAN/ /ADV Buys 1, Sells 4 in 1st Quarter

By GuruFocus Research GuruFocus Editor 05-19-2022

CADINHA & CO LLC Buys 3, Sells 2 in 2nd Quarter

By GuruFocus Research GuruFocus Editor 08-05-2022

Top 5 2nd Quarter Trades of Dynamic Advisor Solutions LLC

By GuruFocus Research GuruFocus Editor 07-27-2022