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Tuscan Holdings II (Tuscan Holdings II) Book Value per Share : $3.24 (As of Sep. 2022)


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What is Tuscan Holdings II Book Value per Share?

Tuscan Holdings II's book value per share for the quarter that ended in Sep. 2022 was $3.24.

Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

Tuscan Holdings II's current price is $10.47. Its book value per share for the quarter that ended in Sep. 2022 was $3.24. Hence, today's PB Ratio of Tuscan Holdings II is 3.24.


Tuscan Holdings II Book Value per Share Historical Data

The historical data trend for Tuscan Holdings II's Book Value 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.

Tuscan Holdings II Book Value per Share Chart

Tuscan Holdings II Annual Data
Trend Dec19 Dec20 Dec21
Book Value per Share
7.81 7.78 6.57

Tuscan Holdings II Quarterly Data
Mar19 Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22
Book Value 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 7.21 6.57 3.21 3.25 3.24

Competitive Comparison of Tuscan Holdings II's Book Value per Share

For the Shell Companies subindustry, Tuscan Holdings II's PB Ratio, along with its competitors' market caps and PB Ratio 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.


Tuscan Holdings II's PB Ratio Distribution in the Diversified Financial Services Industry

For the Diversified Financial Services industry and Financial Services sector, Tuscan Holdings II's PB Ratio distribution charts can be found below:

* The bar in red indicates where Tuscan Holdings II's PB Ratio falls into.



Tuscan Holdings II Book Value per Share Calculation

Tuscan Holdings II's Book Value Per Share for the fiscal year that ended in Dec. 2021 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(92.25-0.00)/14.05
=6.57

Tuscan Holdings II's Book Value Per Share for the quarter that ended in Sep. 2022 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(23.80-0.00)/7.36
=3.23

* 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 Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.


Tuscan Holdings II  (OTCPK:THCA) Book Value 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.


Tuscan Holdings II Book Value per Share Related Terms

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Tuscan Holdings II (Tuscan Holdings II) Business Description

Traded in Other Exchanges
N/A
Address
135 E. 57th Street, 17th Floor, New York, NY, USA, 10022
Website
Tuscan Holdings Corp II is a blank check company.
Executives
Michael Auerbach director 158 HESTER STREET, APT 7F, NEW YORK NY 10013
Stephen A Vogel director, 10 percent owner, officer: Chief Executive Officer 701 BRAZOS STREET, SUITE 1200, AUSTIN TX 78701
Richard O. Rieger officer: Chief Financial Officer C/O TUSCAN HOLDINGS CORP., 135 E. 57TH ST., 18TH FLOOR, NEW YORK NY 10022
David H Dickstein director C/O TUSCAN HOLDINGS CORP. II, 135 E 57TH ST 17TH FL, NEW YORK NY 10022

Tuscan Holdings II (Tuscan Holdings II) Headlines