Vectus Biosystems (ASX:VBS) Tangible Book per Share

: A$0.09 (As of Dec. 2022)

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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. Vectus Biosystems's tangible book value per share for the quarter that ended in Dec. 2022 was A$0.09.

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.

Vectus Biosystems Tangible Book per Share Historical Data

The historical data trend for Vectus Biosystems'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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Vectus Biosystems Annual Data

Trend

Jun16

Jun17

Jun18

Jun19

Jun20

Jun21

Jun22

Tangible Book per Share

-0.10

-0.16

-0.24

-0.09

-0.10

Vectus Biosystems Semi-Annual Data
	Jun16	Dec16	Jun17	Dec17	Jun18	Dec18	Jun19	Dec19	Jun20	Dec20	Jun21	Dec21	Jun22	Dec22
Tangible Book per Share										-0.02	-0.09	-0.15	-0.10	0.09

Competitive Comparison

For the Biotechnology subindustry, Vectus Biosystems's Tangible Book per Share, along with its competitors' market caps and Tangible Book per Share 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.

Annual Data Quarterly Data

Vectus Biosystems Tangible Book per Share Distribution

For the Biotechnology industry and Healthcare sector, Vectus Biosystems's Tangible Book per Share distribution charts can be found below:

* The bar in red indicates where Vectus Biosystems's Tangible Book per Share falls in comparison to its industry or sector. The grey bar indicates the Tangible Book per Share's extreme value range as defined by GuruFocus.

Vectus Biosystems Tangible Book per Share Calculation

Vectus Biosystems's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2022 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(-3.534	-	0	-	0)	/	36.2637
	=	-0.10

Vectus Biosystems'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)
	=	(4.833	-	0	-	0)	/	53.1895
	=	0.09

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.

Vectus Biosystems (ASX:VBS) 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.

Vectus Biosystems Tangible Book per Share Related Terms

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Vectus Biosystems (ASX:VBS) Business Description

Industry

GURUFOCUS.COM » STOCK LIST » Healthcare » Biotechnology » Vectus Biosystems Ltd (ASX:VBS) » Definitions » Tangible Book per Share

Comparable Companies

Traded in Other Exchanges

N/A

Address

3-11 Primrose Avenue, Rosebery, Sydney, NSW, AUS, 2018

Website

http://www.vectusbiosystems.com.au

Vectus Biosystems Ltd is an emerging biotechnology company based in Sydney, Australia. The company is in the process of developing a treatment for fibrosis and high blood pressure, which includes heart, kidney, and liver diseases. The company has also developed a technology aimed at improving the speed and accuracy of measuring the amount of DNA and RNA in samples tested in laboratories.

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