CSSV (Caspian Services) Tangible Book per Share: $-1.19 (As of Jun. 2016)

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What is Caspian Services Tangible Book per Share?

Caspian Services CSSV Tangible Book per Share is $-1.19 as of Jun. 2016.

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. Caspian Services's tangible book value per share for the quarter that ended in Jun. 2016 was $-1.19.

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.


Caspian Services  (OTCPK:CSSV) 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.


Caspian Services Tangible Book per Share Related Terms


Caspian Services Tangible Book per Share Historical Data

* Premium members only.

The historical data trend for Caspian Services'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.

Caspian Services Tangible Book per Share Chart

Caspian Services Annual Data
Trend Sep06 Sep07 Sep08 Sep09 Sep10 Sep11 Sep12 Sep13 Sep14 Sep15
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.50 0.21 -0.02 -0.42 -0.96

Caspian Services Quarterly Data
Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13 Dec13 Mar14 Jun14 Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16
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 -0.65 -0.96 -1.11 -1.16 -1.19

CSSV vs GLRI, TIRTZ, GLFH: Tangible Book per Share Comparison

For the Oil & Gas Equipment & Services subindustry, Caspian Services'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.


Caspian Services Price-to-Tangible-Book vs Oil & Gas Industry

For the Oil & Gas industry and Energy sector, Caspian Services's Price-to-Tangible-Book distribution charts can be found below:

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



Caspian Services Tangible Book per Share Calculation

Caspian Services's Tangible Book Value Per Share for the fiscal year that ended in Sep. 2015 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-50.431-0-0.165)/52.658
=-0.96

Caspian Services's Tangible Book Value Per Share for the quarter that ended in Jun. 2016 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-62.326-0-0.127)/52.658
=-1.19

* 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.

What does a Tangible Book per Share of $-1.19 mean?
Caspian Services (CSSV) has a Tangible Book per Share of $-1.19 as of Jun. 2016. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Caspian Services and its competitors.
Is Caspian Services' Tangible Book per Share too high?
Caspian Services' current Tangible Book per Share is $-1.19.
How does Caspian Services' Tangible Book per Share compare to GLRI and TIRTZ?
Caspian Services' Tangible Book per Share of $-1.19 can be compared against companies in the Oil & Gas industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tangible Book per Share for an Oil & Gas company?
A good Tangible Book per Share depends on the Oil & Gas industry context. However, Tangible Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tangible Book per Share mean?
A high Tangible Book per Share can signal that a stock is expensive relative to its fundamentals. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Caspian Services and its competitors. Caspian Services's current Tangible Book per Share is $-1.19. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Caspian Services stock overvalued right now?
Caspian Services (CSSV) has a current Tangible Book per Share of $-1.19. The current Tangible Book per Share is $-1.19. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tangible Book per Share calculated?
Tangible Book per Share is calculated from a company's financial statements. For Caspian Services (CSSV), the current Tangible Book per Share is $-1.19 as of Jun. 2016. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Caspian Services Business Description

Industry EnergyOil & Gas
Address 2319 Foothill Drive, Suite 160, Salt Lake City, UT, USA, 84109
Caspian Services Inc provides oilfield services to oil & gas industry in Kazakhstan. The company operates in three reportable segments including Vessel operations, Geophysical services, and Marine base services. Vessel operations consist of chartering a fleet of shallow draft offshore support vessels to customers performing oil and gas exploration activities in the Caspian Sea. Geophysical services consist of providing seismic data acquisition services to oil and gas companies operating onshore in Kazakhstan. Marine base service consists of operating a marine base with a boat repair and drydocking services yard located at the port of Bautino on the North Caspian Sea. It generates the majority of the revenue from Vessel operations segment.