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BGSF (BGSF) Tangible Book per Share : $-0.89 (As of Mar. 2024)


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What is BGSF 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. BGSF's tangible book value per share for the quarter that ended in Mar. 2024 was $-0.89.

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.


BGSF Tangible Book per Share Historical Data

The historical data trend for BGSF'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.

BGSF Tangible Book per Share Chart

BGSF 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 0.92 0.61 1.33 -0.19 -0.41

BGSF Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 0.38 -0.67 -0.38 -0.41 -0.89

Competitive Comparison of BGSF's Tangible Book per Share

For the Staffing & Employment Services subindustry, BGSF'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.


BGSF's Price-to-Tangible-Book Distribution in the Business Services Industry

For the Business Services industry and Industrials sector, BGSF's Price-to-Tangible-Book distribution charts can be found below:

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



BGSF Tangible Book per Share Calculation

BGSF'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)
=(85.536-0-89.958)/10.8875
=-0.41

BGSF's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(83.553-0-93.245)/10.9288
=-0.89

* 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.


BGSF  (NYSE:BGSF) 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.


BGSF Tangible Book per Share Related Terms

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


BGSF (BGSF) Business Description

Traded in Other Exchanges
Address
5850 Granite Parkway, Suite 730, Plano, TX, USA, 75024
BGSF Inc is engaged in providing temporary staffing services. The company has expertise in Real Estate, Professional, and Light Industrial sectors. The majority of its revenue comes from the Professional segment that provides skilled field talent on a nationwide basis for information technology & finance, accounting, legal and human resource client partner projects on a national basis. The services offered by the company include Staffing and Recruiting, Executive Search, Project & Consulting, and Onsite Management.
Executives
Douglas Hailey director 861 MAGGIES WAY, WATERBURY CENTER VT 05677
Donna Carroll director 5850 GRANITE PARKWAY #730, PLANO TX 75024
John R Barnett officer: CFO and Secretary 111 CONGRESSIONAL BLVD, STE 500, CARMEL IN 46032
Allen C. David Jr director 805 HUNTINGTON COURT, SOUTHLAKE TX 76092
Baum Richard L Jr director 10 KINZEL LANE, WEST ORANGE NJ 07052
Paul Seid director 22 WOODHAVEN DRIVE, NEW CITY NY 10956
Cynthia Marshall director 5850 GRANITE PARKWAY STE 730, PLANO TX 75024
Dan Hollenbach officer: CFO and Secretary C/O BG STAFFING, INC., 5850 GRANITE PARKWAY, SUITE 730, PLANO TX 75024
Beth Garvey officer: Chief Operating Officer 4528 DAFFODIL TRAIL, PLANO TX 75093
Baker L. Allen Jr. director, officer: President and CEO 7338 MAY HALL DRIVE, FRISCO TX 75034
Robert G Weinrich officer: interim CFO and Secretary 158 NATCHES TRACE, COPPELL TX 75019
Michael A Rutledge officer: CFO and Secretary 5000 LEGACY DR, SUITE 350, PLANO TX 75024