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Computer Task Group (Computer Task Group) Tangible Book per Share : $3.64 (As of Sep. 2023)


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What is Computer Task Group 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. Computer Task Group's tangible book value per share for the quarter that ended in Sep. 2023 was $3.64.

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.


Computer Task Group Tangible Book per Share Historical Data

The historical data trend for Computer Task Group'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.

Computer Task Group Tangible Book per Share Chart

Computer Task Group Annual Data
Trend Dec13 Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 3.27 2.80 3.24 4.40 3.62

Computer Task Group Quarterly Data
Dec18 Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23
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 3.28 3.62 3.68 3.70 3.64

Competitive Comparison of Computer Task Group's Tangible Book per Share

For the Information Technology Services subindustry, Computer Task Group'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.


Computer Task Group's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Computer Task Group's Price-to-Tangible-Book distribution charts can be found below:

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



Computer Task Group Tangible Book per Share Calculation

Computer Task Group's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(105.979-0-48.941)/15.7437
=3.62

Computer Task Group's Tangible Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(105.579-0-47.126)/16.0771
=3.64

* 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.


Computer Task Group  (NAS:CTG) 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.


Computer Task Group Tangible Book per Share Related Terms

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Computer Task Group (Computer Task Group) Business Description

Traded in Other Exchanges
N/A
Address
300 Corporate Parkway, Suite 214N, Amherst, NY, USA, 14226
Computer Task Group Inc is engaged in providing information technology services to its clients. The company divides its services into information technology solutions and information technology & other staffing. Its segments include North America IT Solutions and Services, Europe IT Solutions and Services, and Non-Strategic Technology Services. The firm derives most of its revenues from information technology & other staffing services. It mainly caters its services to technology service providers, financial services, healthcare, manufacturing, and energy industries. The geographical segments are the United States, Luxembourg, Belgium, and other countries.
Executives
Thomas J Niehaus officer: Executive Vice President 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Gyde Filip J L director, officer: President and CEO C/O COMPUTER TASK GROUP INC, 800 DELAWARE AVE, BUFFALO NY 14209
Raj Rajgopal director C/O VIRTUSA CORPORATION, 2000 WEST PARK DRIVE, WESTBOROUGH MA 01581
Helvey Iii James R director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Kathryn A Stein director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Daniel J Sullivan director
Valerie Rahmani director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Owen J Sullivan director 5301 NORTH IRONWOOD ROAD, MILWAUKEE WI 53217
David H Klein director 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Jeffrey D Gerkin officer: Executive Vice President 800 DELAWARE AVENUE, BUFFALO NY 14209
John M Laubacker officer: Chief Financial Officer & SVP 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Peter P Radetich officer: Sr Vice President & Secretary 300 CORPORATE PARKWAY SUITE 214N, AMHERST NY 14226
Brendan M Harrington officer: Chief Financial Officer Sr VP 800 DELAWARE AVENUE, BUFFALO NY 14209
Cliff Bleustein director, officer: President & CEO 800 DELAWARE AVENUE, BUFFALO NY 14209
Alfred Hamilton officer: Vice President 800 DELAWARE AVENUE, BUFFALO NY 14209