GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » TMT Steel PCL (BKK:TMT) » Definitions » Tangible Book per Share

TMT Steel PCL (BKK:TMT) Tangible Book per Share : ฿3.54 (As of Sep. 2024)


View and export this data going back to 2005. Start your Free Trial

What is TMT Steel 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. TMT Steel PCL's tangible book value per share for the quarter that ended in Sep. 2024 was ฿3.54.

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.


TMT Steel PCL Tangible Book per Share Historical Data

The historical data trend for TMT Steel 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.

* Premium members only.

TMT Steel PCL Tangible Book per Share Chart

TMT Steel 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 3.30 3.63 4.27 3.69 3.76

TMT Steel 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 3.76 3.76 3.86 3.75 3.54

Competitive Comparison of TMT Steel PCL's Tangible Book per Share

For the Steel subindustry, TMT Steel 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.


TMT Steel PCL's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, TMT Steel PCL's Price-to-Tangible-Book distribution charts can be found below:

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



TMT Steel PCL Tangible Book per Share Calculation

TMT Steel 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)
=(3322.595-0-46.784)/870.758
=3.76

TMT Steel 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)
=(3137.824-0-52.633)/870.758
=3.54

* 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.


TMT Steel PCL  (BKK:TMT) 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.


TMT Steel PCL Tangible Book per Share Related Terms

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


TMT Steel PCL Business Description

Industry
Traded in Other Exchanges
N/A
Address
South Sathorn Road, 22nd Floor, 179 Bangkok City Tower, Thungmahamek, Sathorn, Bangkok, THA, 10120
TMT Steel PCL operates as a total steel solutions provider. It is engaged in fabricating and selling structural steel plates and sheets. The company offers flat products, including hot-rolled steel, plate steel, slit steel coil, flat iron, steel pipe, round steel bar, and others. In addition, it also provides steel processing and cold-forming services. Geographically all the business activity functions through the region of Thailand.

TMT Steel PCL Headlines

No Headlines