GURUFOCUS.COM » STOCK LIST » Basic Materials » Building Materials » Ready Mix Concrete and Construction Supplies (AMM:RMCC) » Definitions » Tangible Book per Share

Ready Mix Concrete and Construction Supplies (AMM:RMCC) Tangible Book per Share : JOD1.29 (As of Mar. 2024)


View and export this data going back to 1997. Start your Free Trial

What is Ready Mix Concrete and Construction Supplies 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. Ready Mix Concrete and Construction Supplies's tangible book value per share for the quarter that ended in Mar. 2024 was JOD1.29.

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.


Ready Mix Concrete and Construction Supplies Tangible Book per Share Historical Data

The historical data trend for Ready Mix Concrete and Construction Supplies'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.

Ready Mix Concrete and Construction Supplies Tangible Book per Share Chart

Ready Mix Concrete and Construction Supplies 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 1.16 0.98 1.00 1.07 0.85

Ready Mix Concrete and Construction Supplies Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 1.10 1.13 1.20 0.85 1.29

Competitive Comparison of Ready Mix Concrete and Construction Supplies's Tangible Book per Share

For the Building Materials subindustry, Ready Mix Concrete and Construction Supplies'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.


Ready Mix Concrete and Construction Supplies's Price-to-Tangible-Book Distribution in the Building Materials Industry

For the Building Materials industry and Basic Materials sector, Ready Mix Concrete and Construction Supplies's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Ready Mix Concrete and Construction Supplies's Price-to-Tangible-Book falls into.



Ready Mix Concrete and Construction Supplies Tangible Book per Share Calculation

Ready Mix Concrete and Construction Supplies'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)
=(21.299-0-0)/25
=0.85

Ready Mix Concrete and Construction Supplies's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(32.223-0-0)/25
=1.29

* 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.


Ready Mix Concrete and Construction Supplies  (AMM:RMCC) 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.


Ready Mix Concrete and Construction Supplies Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Ready Mix Concrete and Construction Supplies's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Ready Mix Concrete and Construction Supplies (AMM:RMCC) Business Description

Traded in Other Exchanges
N/A
Address
P.O. Box 851602, Amman, JOR, 11185
Ready Mix Concrete and Construction Supplies are engaged in supplying of ready-mix concrete to the construction industry. The company's project profile includes Hyatt, Sheraton, Holiday Inn, Queen Rania Al Abdullah Hospital for Children, Karak Bridge, Residential Buildings, and others.

Ready Mix Concrete and Construction Supplies (AMM:RMCC) Headlines

No Headlines