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Geneva Financial (Geneva Financial) Tangible Book per Share : $1.30 (As of Mar. 2004)


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What is Geneva Financial 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. Geneva Financial's tangible book value per share for the quarter that ended in Mar. 2004 was $1.30.

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.


Geneva Financial Tangible Book per Share Historical Data

The historical data trend for Geneva Financial'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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Geneva Financial Tangible Book per Share Chart

Geneva Financial Annual Data
Trend Dec96 Dec97 Dec98 Dec99 Dec00 Dec01 Dec02 Dec03
Tangible Book per Share
Get a 7-Day Free Trial 2.99 0.60 0.49 1.08 1.24

Geneva Financial Quarterly Data
Jun99 Sep99 Dec99 Mar00 Jun00 Sep00 Dec00 Mar01 Jun01 Sep01 Dec01 Mar02 Jun02 Sep02 Dec02 Mar03 Jun03 Sep03 Dec03 Mar04
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 1.19 1.32 1.33 1.24 1.30

Competitive Comparison of Geneva Financial's Tangible Book per Share

For the Mortgage Finance subindustry, Geneva Financial'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.


Geneva Financial's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, Geneva Financial's Price-to-Tangible-Book distribution charts can be found below:

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



Geneva Financial Tangible Book per Share Calculation

Geneva Financial's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2003 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(4.85-0-0)/3.907
=1.24

Geneva Financial's Tangible Book Value Per Share for the quarter that ended in Mar. 2004 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(5.062-0-0)/3.907
=1.30

* 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.


Geneva Financial  (OTCPK:GNVN) 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.


Geneva Financial Tangible Book per Share Related Terms

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Geneva Financial (Geneva Financial) Business Description

Traded in Other Exchanges
N/A
Address
Website
Geneva Financial is the holding company of Geneva Mortgage. The company provides a variety of residential mortgage products primarily to credit borrowers seeking conventional or FHA/VA loans. The company has expanded its mortgage banking activities by opening a wholesale division, increasing its sub-prime mortgage originations, establishing a program to provide short-term funding to independent real estate contractors, and expanding its retail loan operations on the Internet.
Executives
Stanley Kreitman director, 10 percent owner, officer: Chairman of the Board PO BOX 575 UNDERHILL BOULEVARD, SYOSSET NY 11791

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