GURUFOCUS.COM » STOCK LIST » Energy » Oil & Gas » Enterprise Group Inc (TSX:E) » Definitions » Tangible Book per Share

Enterprise Group (TSX:E) Tangible Book per Share : C$0.81 (As of Dec. 2023)


View and export this data going back to 2007. Start your Free Trial

What is Enterprise 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. Enterprise Group's tangible book value per share for the quarter that ended in Dec. 2023 was C$0.81.

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.


Enterprise Group Tangible Book per Share Historical Data

The historical data trend for Enterprise 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.

Enterprise Group Tangible Book per Share Chart

Enterprise Group 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 0.79 0.70 0.66 0.67 0.81

Enterprise Group Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23
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 0.67 0.74 0.73 0.77 0.81

Competitive Comparison of Enterprise Group's Tangible Book per Share

For the Oil & Gas Equipment & Services subindustry, Enterprise 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.


Enterprise Group's Price-to-Tangible-Book Distribution in the Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Enterprise Group's Price-to-Tangible-Book distribution charts can be found below:

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



Enterprise Group Tangible Book per Share Calculation

Enterprise Group'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)
=(40.795-0-0.448)/49.6874
=0.81

Enterprise Group's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(40.795-0-0.448)/49.6874
=0.81

* 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.


Enterprise Group  (TSX:E) 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.


Enterprise Group Tangible Book per Share Related Terms

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


Enterprise Group (TSX:E) Business Description

Industry
Traded in Other Exchanges
Address
64 Riel Drive, Suite 2, St. Albert, AB, CAN, T8N 5B3
Enterprise Group Inc is an equipment rental and construction services company operating in the utility, energy, and construction industries. Its focus is specialty equipment rentals. The company has a fleet of trucks and heavy equipment to provide rental services for heavy equipment, flameless heating units and oilfield site service infrastructure throughout Western Canada.
Executives
Warren Cabral Senior Officer

Enterprise Group (TSX:E) Headlines

From GuruFocus

Eni's New Strategy to Confront the Challenging European Scenario

By Vanina Egea Vanina Egea 03-31-2014

Italian Oil Company Has Recovered

By Mark Yu Mark Yu 07-25-2017

Bullish on ENI SpA for the Long Term

By Faisal Humayun Faisal Humayun 03-21-2016

Eni SpA's Dividend Analysis

By GuruFocus Research 11-20-2023

Eni SpA Jumps on Financial 2018 Results

By Alberto Abaterusso Alberto Abaterusso 02-18-2019

Buy Eni After a Plunge

By Alberto Abaterusso Alberto Abaterusso 09-04-2018