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RAPCO Investment PJSC (ADX:RAPCO) Tangible Book per Share : د.إ3.74 (As of Dec. 2023)


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What is RAPCO Investment PJSC 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. RAPCO Investment PJSC's tangible book value per share for the quarter that ended in Dec. 2023 was د.إ3.74.

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.


RAPCO Investment PJSC Tangible Book per Share Historical Data

The historical data trend for RAPCO Investment PJSC'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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RAPCO Investment PJSC Tangible Book per Share Chart

RAPCO Investment PJSC 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 3.38 3.21 3.72 3.70 3.74

RAPCO Investment PJSC Semi-Annual Data
Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 3.38 3.21 3.72 3.70 3.74

Competitive Comparison of RAPCO Investment PJSC's Tangible Book per Share

For the Asset Management subindustry, RAPCO Investment PJSC'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.


RAPCO Investment PJSC's Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, RAPCO Investment PJSC's Price-to-Tangible-Book distribution charts can be found below:

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


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RAPCO Investment PJSC Tangible Book per Share Calculation

RAPCO Investment PJSC'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)
=(355.479-0-0)/95.040
=3.74

RAPCO Investment PJSC'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)
=(355.479-0-0)/95.040
=3.74

* 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.


RAPCO Investment PJSC  (ADX:RAPCO) 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.


RAPCO Investment PJSC Tangible Book per Share Related Terms

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RAPCO Investment PJSC Business Description

Traded in Other Exchanges
N/A
Address
Aljazirah Alhamra, P.O. Box 30019, Ras Al Khaimah, ARE
RAPCO Investment PJSC is engaged in commercial, real estate, and agricultural enterprise investment, institution, and management. The company is an investment company with a portfolio spanning across real estate, equity, capital markets, and venture funding. The company focuses on investing in Agritech businesses.

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