GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » American Overseas Group Ltd (OTCPK:AOREF) » Definitions » Tangible Book per Share

American Overseas Group (American Overseas Group) Tangible Book per Share : $1,299.43 (As of Jun. 2009)


View and export this data going back to 2006. Start your Free Trial

What is American Overseas 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. American Overseas Group's tangible book value per share for the quarter that ended in Jun. 2009 was $1,299.43.

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.


American Overseas Group Tangible Book per Share Historical Data

The historical data trend for American Overseas 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.

American Overseas Group Tangible Book per Share Chart

American Overseas Group Annual Data
Trend Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Tangible Book per Share
Get a 7-Day Free Trial 11,980.96 11,849.28 13,928.28 9,262.56 3,279.19

American Overseas Group Quarterly Data
Dec03 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09
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 6,640.48 4,807.78 3,279.19 1,371.33 1,299.43

Competitive Comparison of American Overseas Group's Tangible Book per Share

For the Insurance - Reinsurance subindustry, American Overseas 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.


American Overseas Group's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, American Overseas Group's Price-to-Tangible-Book distribution charts can be found below:

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



American Overseas Group Tangible Book per Share Calculation

American Overseas Group's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2008 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(89.358-0-0)/0.02725
=3,279.19

American Overseas Group's Tangible Book Value Per Share for the quarter that ended in Jun. 2009 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(34.24-0-0)/0.02635
=1,299.43

* 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.


American Overseas Group  (OTCPK:AOREF) 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.


American Overseas Group Tangible Book per Share Related Terms

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


American Overseas Group (American Overseas Group) Business Description

Traded in Other Exchanges
N/A
Address
Cumberland House 6th Floor 1 Victoria Street, Hamilton, BMU, HM 11
American Overseas Group Ltd is a Barbados-based insurance and reinsurance group with tax residency in the United Kingdom. The company's core business has transitioned from financial guaranty reinsurance, mostly of public finance and structured finance debt obligations, to writing nonstandard auto insurance through its Texas-based subsidiary.
Executives
Edward U Gilpin officer: Chief Financial Officer 134 HOMMELVILLE ROAD, SAUGERTIES NY 12477
Bradley M Shuster director 2100 POWELL STREET, 12TH FLOOR, EMERYVILLE CA 94608
Joseph M Donovan director 2929 ARCH STREET, 17TH FLOOR, PHILADELPHIA PA 19104-2870
David L Boyle director C/O AMBAC FINANCIAL GROUP INC, 1 STATE STREET PLAZA, NEW YORK NY 10004
Allan S Bufferd director
Cummings Robert F Jr 10 percent owner C/O MOORE CORP, ONE CANTARBURG GREET, STAMFORD CT 006901
Joseph H Wender 10 percent owner 2855 GAZELLE COURT, CARLSBAD CA 92010
Robert Hamwee 10 percent owner C/O NEW MOUNTAIN FINANCE CORPORATION, 787 7TH AVENUE, 48TH FLOOR, NEW YORK NY 10019
Eckert Alfred C Iii 10 percent owner 12 EAST 49TH STREET SUITE 3200 NEW YORK NY 10017
Richard M Hayden 10 percent owner
Transatlantic Holdings Inc 10 percent owner 80 PINE STREET NEW YORK NY 10005
Kyle Waldhauer 10 percent owner 30 ROCKEFELLER PLAZA, NEW YORK NY 10112
Thomas V Inglesby 10 percent owner 535 MADISON AVENUE, NEW YORK NY 10022