Air Change International (ASX:AHJ) Tangible Book per Share : A$0.23 (As of Jun. 2015)

Air Change International Tangible Book per Share Chart

Air Change International Annual Data
	Trend	Jun06	Jun07	Jun08	Jun09	Jun10	Jun11	Jun12	Jun13	Jun14	Jun15
Tangible Book per Share		Get a 7-Day Free Trial					0.14	0.18	0.19	0.24	0.23

Air Change International Semi-Annual Data
	Dec05	Jun06	Dec06	Jun07	Dec07	Jun08	Dec08	Jun09	Dec09	Jun10	Dec10	Jun11	Dec11	Jun12	Dec12	Jun13	Dec13	Jun14	Dec14	Jun15
Tangible Book per Share	Get a 7-Day Free Trial															0.19	0.19	0.24	0.27	0.23

Competitive Comparison of Air Change International's Tangible Book per Share

For the Specialty Industrial Machinery subindustry, Air Change International'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.

Air Change International's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Air Change International's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Air Change International's Price-to-Tangible-Book falls into.

Air Change International Tangible Book per Share Calculation

Air Change International's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2015 is calculated as

Air Change International's Tangible Book Value Per Share for the quarter that ended in Jun. 2015 is calculated as

* 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.

Air Change International  (ASX:AHJ) 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.

Air Change International Tangible Book per Share Related Terms

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Air Change International (ASX:AHJ) Business Description