GURUFOCUS.COM » STOCK LIST » Real Estate » Real Estate » Bhanderi Infracon Ltd (BOM:538576) » Definitions » Tangible Book per Share

Bhanderi Infracon (BOM:538576) Tangible Book per Share : ₹96.62 (As of Mar. 2024)


View and export this data going back to 2014. Start your Free Trial

What is Bhanderi Infracon 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. Bhanderi Infracon's tangible book value per share for the quarter that ended in Mar. 2024 was ₹96.62.

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.


Bhanderi Infracon Tangible Book per Share Historical Data

The historical data trend for Bhanderi Infracon'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.

Bhanderi Infracon Tangible Book per Share Chart

Bhanderi Infracon Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 89.78 90.85 92.08 94.28 96.62

Bhanderi Infracon Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 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 92.08 90.73 94.28 96.42 96.62

Competitive Comparison of Bhanderi Infracon's Tangible Book per Share

For the Real Estate - Diversified subindustry, Bhanderi Infracon'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.


Bhanderi Infracon's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Bhanderi Infracon's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Bhanderi Infracon's Price-to-Tangible-Book falls into.



Bhanderi Infracon Tangible Book per Share Calculation

Bhanderi Infracon's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(250.871-0-0)/2.5966
=96.62

Bhanderi Infracon'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)
=(250.871-0-0)/2.5966
=96.62

* 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.


Bhanderi Infracon  (BOM:538576) 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.


Bhanderi Infracon Tangible Book per Share Related Terms

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


Bhanderi Infracon (BOM:538576) Business Description

Traded in Other Exchanges
N/A
Address
B/12, Jabuka Complex, Near Bajrang Ashram, Below Vikas School, NH-8, Thakkar Bapanagar, Ahmedabad, GJ, IND, 382350
Bhanderi Infracon Ltd is a real estate development company. The company is engaged in the development of residential flats and bungalows under partnership firms. It offers services to residential, industrial, and commercial sectors. In the industrial sector, it provides services consisting of the construction of factories, sheds, and workshops. It operates in Real Estate and Trading in Grocery segments.

Bhanderi Infracon (BOM:538576) Headlines

No Headlines