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Sermsang Power PCL (BKK:SSP) Tangible Book per Share : ฿3.41 (As of Sep. 2024)


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What is Sermsang Power PCL 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. Sermsang Power PCL's tangible book value per share for the quarter that ended in Sep. 2024 was ฿3.41.

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.


Sermsang Power PCL Tangible Book per Share Historical Data

The historical data trend for Sermsang Power PCL'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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Sermsang Power PCL Tangible Book per Share Chart

Sermsang Power PCL 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 2.24 2.79 3.59 4.97 5.28

Sermsang Power PCL Quarterly Data
Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24 Jun24 Sep24
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 5.34 5.28 3.58 3.43 3.41

Competitive Comparison of Sermsang Power PCL's Tangible Book per Share

For the Utilities - Renewable subindustry, Sermsang Power PCL'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.


Sermsang Power PCL's Price-to-Tangible-Book Distribution in the Utilities - Independent Power Producers Industry

For the Utilities - Independent Power Producers industry and Utilities sector, Sermsang Power PCL's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Sermsang Power PCL's Price-to-Tangible-Book falls into.



Sermsang Power PCL Tangible Book per Share Calculation

Sermsang Power PCL'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)
=(8033.813-0-846.687)/1361.24
=5.28

Sermsang Power PCL's Tangible Book Value Per Share for the quarter that ended in Sep. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(7416.788-0-3039.895)/1283.83
=3.41

* 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.


Sermsang Power PCL  (BKK:SSP) 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.


Sermsang Power PCL Tangible Book per Share Related Terms

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Sermsang Power PCL Business Description

Traded in Other Exchanges
N/A
Address
325/14 Lan Luang Road, Si Yaek Mahanak, Dusit, Bangkok, THA, 10300
Sermsang Power Corporation PCL is engaged in investment, consultancy, and provision of services for energy businesses to related parties. The company's operating segments are production and distribution of electricity from solar plants, Electricity distribution and installation services relating to the solar roof system, Production and distribution of electricity from wind power plants, Production and distribution of electricity from a biomass power plant, and others. The firm generates a majority of its revenue from the Production and distribution of electricity from the solar power plants segment. Geographically, the company generates a majority share of the revenue from Thailand.