ESINQ has been successfully added to your Stock Email Alerts list.
You can manage your stock email alerts here.
ESINQ has been removed from your Stock Email Alerts list.
Please enter Portfolio Name for new portfolio.
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. ITT Educational Services's tangible book value per share for the quarter that ended in Jun. 2016 was $6.88.
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.
The historical data trend for ITT Educational 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.
ITT Educational Services Annual Data | |||||||||||||||||||||
Trend | Dec06 | Dec07 | Dec08 | Dec09 | Dec10 | Dec11 | Dec12 | Dec13 | Dec14 | Dec15 | |||||||||||
Tangible Book per Share | Get a 7-Day Free Trial | 6.47 | 5.39 | 4.95 | 6.06 | 6.81 |
ITT Educational 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 | 6.58 | 6.66 | 6.81 | 6.84 | 6.88 |
For the Education & Training Services subindustry, ITT Educational 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.
For the Education industry and Consumer Defensive sector, ITT Educational Services's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where ITT Educational Services's Price-to-Tangible-Book falls into.
ITT Educational Services's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2015 is calculated as
Tangible Book Value per Share | = | (Total Stockholders Equity | - | Preferred Stock | - | Intangible Assets) | / | Shares Outstanding (EOP) |
= | (161.136 | - | 0 | - | 0) | / | 23.6741 | |
= | 6.81 |
ITT Educational 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) |
= | (165.044 | - | 0 | - | 0) | / | 23.9884 | |
= | 6.88 |
* 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.
ITT Educational Services (OTCPK:ESINQ) 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.
Thank you for viewing the detailed overview of ITT Educational Services's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Tarasi Rocco F Iii | officer: EVP, Chief Financial Officer | C/O ITT EDUCATIONAL SERVICES INC, 13000 NORTH MERIDIAN STREET, CARMEL IN 46032 |
June M Mccormack | officer: EVP & President Online Div | 13000 NORTH MERIDIAN STREET, CARMEL IN 46032 |
Brown C David Ii | director | 3000 GALLERIA TOWER, STE 1000, BIRMINGHAM AL 35244 |
Thomas I Morgan | director | 30541 CARNEY CREEK ROAD, BIGFORK MT 59911 |
Joanna T Lau | director | 30 MONUMENT SQUARE, SUITE 220, CONCORD MA 01742 |
Ryan L Roney | officer: EVP,Chief Admin&Legal Officer | 1541 REYNOLDS ROAD, CHARLOTTE MI 48813 |
Richard C Blum & Associates Inc | 10 percent owner | 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
Blum Capital Partners Lp | 10 percent owner | 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
Blum Strategic Gp Iii, L.l.c. | 10 percent owner | 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
Blum Strategic Gp Iv, L.l.c. | 10 percent owner | 909 MONTOGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
Saddlepoint Partners Gp, L.l.c. | 10 percent owner | 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
Jeffrey R Cooper | officer: SVP, Chief Compliance Officer | 231 N. MARTINGALE ROAD, SCHAUMBURG IL 60173 |
Blum Strategic Gp Ii Llc | 10 percent owner | 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
Rand V Araskog | director | -, 125 WORTH AVENUE, SUITE 300, PALM BEACH FL 33480 |
Richard C Blum | 10 percent owner | BLUM CAPITAL PARTNERS, LP, 909 MONTGOMERY STREET, SUITE 400, SAN FRANCISCO CA 94133 |
From GuruFocus
By Holly LaFon Holly LaFon • 12-14-2012
By gurufocus • 04-01-2009
By Monica Wolfe Monica Wolfe • 06-14-2013
By Sydnee Gatewood Sydnee Gatewood • 09-06-2016
By Bill Smith Bill Smith • 04-01-2012
By gurufocus 10qk • 07-23-2010
By pigsgetrich Pigsgetrich • 04-28-2010
By CanadianValue CanadianValue • 09-28-2010
By Sally Jones Sally Jones • 04-08-2013
By Jonathan Poland Jonathan Poland • 09-27-2011
Disclaimers: GuruFocus.com is not operated by a broker or a dealer. It has an affiliated registered investment adviser, which serves as the subadviser to an exchange traded fund. This investment adviser does not provide advice to individual investors. Under no circumstances does any information posted on GuruFocus.com represent a recommendation to buy or sell a security. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The individuals or entities selected as "gurus" may buy and sell securities before and after any particular article and report and information herein is published, with respect to the securities discussed in any article and report posted herein. Gurus may be added or dropped from the GuruFocus site at any time. In no event shall GuruFocus.com be liable to any member, guest or third party for any damages of any kind arising out of the use of any content or other material published or available on GuruFocus.com, or relating to the use of, or inability to use, GuruFocus.com or any content, including, without limitation, any investment losses, lost profits, lost opportunity, special, incidental, indirect, consequential or punitive damages. Past performance is a poor indicator of future performance. The information on this site, and in its related newsletters, is not intended to be, nor does it constitute investment advice or recommendations. The information on this site is in no way guaranteed for completeness, accuracy or in any other way. The gurus listed in this website are not affiliated with GuruFocus.com, LLC. Stock quotes provided by InterActive Data. Fundamental company data provided by Morningstar, updated daily.