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Van Elle Holdings (LSE:VANL) Tangible Book per Share : £0.44 (As of Oct. 2023)


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What is Van Elle 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. Van Elle Holdings's tangible book value per share for the quarter that ended in Oct. 2023 was £0.44.

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.


Van Elle Holdings Tangible Book per Share Historical Data

The historical data trend for Van Elle 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.

Van Elle Holdings Tangible Book per Share Chart

Van Elle Holdings Annual Data
Trend Apr14 Apr15 Apr16 Apr17 Apr18 Apr19 Apr20 Apr21 Apr22 Apr23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.42 0.38 0.40 0.43

Van Elle Holdings Semi-Annual Data
Apr14 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 0.39 0.40 0.42 0.43 0.44

Competitive Comparison of Van Elle Holdings's Tangible Book per Share

For the Engineering & Construction subindustry, Van Elle 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.


Van Elle Holdings's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, Van Elle Holdings's Price-to-Tangible-Book distribution charts can be found below:

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



Van Elle Holdings Tangible Book per Share Calculation

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

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(50.031-0-3.713)/106.667
=0.43

Van Elle 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)
=(50.997-0-3.638)/106.741
=0.44

* 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.


Van Elle Holdings  (LSE:VANL) 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.


Van Elle Holdings Tangible Book per Share Related Terms

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Van Elle Holdings (LSE:VANL) Business Description

Traded in Other Exchanges
N/A
Address
Southwell Lane Industrial Estate, Summit Close, Kirkby-in-Ashfield, Nottinghamshire, GBR, NG17 8GJ
Van Elle Holdings PLC is a geotechnical contractor. The company is engaged in providing ground engineering techniques and services. The operating segments of the company are General Piling, Specialist Piling, and Ground Engineering Services. Other services provided by the company are Rail Sheet Piling, Screw Piles, Specialist Piling, Rotary Bored Piling Foundation Testing, Driven Piling, and others. The firm generates a majority of its revenue from the General Piling Segment.

Van Elle Holdings (LSE:VANL) Headlines

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