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Hedge Officeome Fundo De Investimento Imobiliario (BSP:HOFC11) Tangible Book per Share : R$69.55 (As of Dec. 2023)


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What is Hedge Officeome Fundo De Investimento Imobiliario 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. Hedge Officeome Fundo De Investimento Imobiliario's tangible book value per share for the quarter that ended in Dec. 2023 was R$69.55.

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.


Hedge Officeome Fundo De Investimento Imobiliario Tangible Book per Share Historical Data

The historical data trend for Hedge Officeome Fundo De Investimento Imobiliario'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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Hedge Officeome Fundo De Investimento Imobiliario Tangible Book per Share Chart

Hedge Officeome Fundo De Investimento Imobiliario Annual Data
Trend Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
22.81 103.16 87.59 90.15 69.55

Hedge Officeome Fundo De Investimento Imobiliario Semi-Annual Data
Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share 22.81 103.16 87.59 90.15 69.55

Competitive Comparison of Hedge Officeome Fundo De Investimento Imobiliario's Tangible Book per Share

For the REIT - Office subindustry, Hedge Officeome Fundo De Investimento Imobiliario'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.


Hedge Officeome Fundo De Investimento Imobiliario's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Hedge Officeome Fundo De Investimento Imobiliario's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Hedge Officeome Fundo De Investimento Imobiliario's Price-to-Tangible-Book falls into.



Hedge Officeome Fundo De Investimento Imobiliario Tangible Book per Share Calculation

Hedge Officeome Fundo De Investimento Imobiliario'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)
=(262.82-0-0)/3.779
=69.55

Hedge Officeome Fundo De Investimento Imobiliario's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(262.82-0-0)/3.779
=69.55

* 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.


Hedge Officeome Fundo De Investimento Imobiliario  (BSP:HOFC11) 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.


Hedge Officeome Fundo De Investimento Imobiliario Tangible Book per Share Related Terms

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Hedge Officeome Fundo De Investimento Imobiliario Business Description

Traded in Other Exchanges
N/A
Address
Avenida Brigadeiro Faria Lima, 3600, 11th Floor, cj 112 - Itaim Bibi, Sao Paulo, SP, BRA, 04538-132
Hedge Office Income Fundo De Investimento Imobiliario operates as a corporate Real Estate Fund .The objective of the Fund is to obtain income and capital gains to be obtained through the exploration of a or more real estate projects, aimed at the office segment including slabs and corporate buildings being certain that in such office developments there may be certain properties intended for commercial, retail activities.

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