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Safestore Holdings (LSE:SAFE) Tangible Book per Share : £8.88 (As of Oct. 2023)


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What is Safestore Holdings 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. Safestore Holdings's tangible book value per share for the quarter that ended in Oct. 2023 was £8.88.

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.


Safestore Holdings Tangible Book per Share Historical Data

The historical data trend for Safestore Holdings'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.

Safestore Holdings Tangible Book per Share Chart

Safestore Holdings Annual Data
Trend Oct14 Oct15 Oct16 Oct17 Oct18 Oct19 Oct20 Oct21 Oct22 Oct23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 4.21 4.92 6.52 8.46 8.88

Safestore Holdings Semi-Annual Data
Apr14 Oct14 Apr15 Oct15 Apr16 Oct16 Apr17 Oct17 Apr18 Oct18 Apr19 Oct19 Apr20 Oct20 Apr21 Oct21 Apr22 Oct22 Apr23 Oct23
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 6.52 7.63 8.46 8.48 8.88

Competitive Comparison of Safestore Holdings's Tangible Book per Share

For the REIT - Industrial subindustry, Safestore Holdings'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.


Safestore Holdings's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Safestore Holdings's Price-to-Tangible-Book distribution charts can be found below:

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



Safestore Holdings Tangible Book per Share Calculation

Safestore Holdings's Tangible Book Value Per Share for the fiscal year that ended in Oct. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1935.1-0-0)/218.039
=8.88

Safestore Holdings's Tangible Book Value Per Share for the quarter that ended in Oct. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1935.1-0-0)/218.039
=8.88

* 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.


Safestore Holdings  (LSE:SAFE) 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.


Safestore Holdings Tangible Book per Share Related Terms

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Safestore Holdings (LSE:SAFE) Business Description

Traded in Other Exchanges
Address
Brittanic House, Stirling Way, Borehamwood, Hertfordshire, GBR, WD6 2BT
Safestore Holdings PLC is a real estate investment trust that owns and leases storage space located in Paris and the United Kingdom. The company focuses on the acquisition and operation of storage locations in wealthy, densely populated areas in Europe. Safestore's properties in the United Kingdom comprise the vast majority of its total holdings. The company derives the majority of its revenue from the rental of its self-storage lockers and the remaining from the sale of insurance and packaging materials. Southeast England and London account for the majority of Safestore's income. Total occupancy is split fairly evenly between individuals and businesses ranging from online retailers to large, multinational companies.

Safestore Holdings (LSE:SAFE) Headlines

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