Optima bank (FRA:C59) Tangible Book per Share: €1.30 (As of Jun. 2023)


FRA:C59 Optima bank SA FRA:C59
20 GF Score
Price €10.34
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What is Optima bank Tangible Book per Share?

Optima bank FRA:C59 +1.37% 20 Tangible Book per Share is €1.30 as of Jun. 2023. GuruFocus rates FRA:C59 with a GF Score™ of 20/100.

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. Optima bank's tangible book value per share for the quarter that ended in Jun. 2023 was €1.30.

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.

Optima bank  (FRA:C59) 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.

Optima bank Tangible Book per Share Related Terms

Optima bank Tangible Book per Share Historical Data

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The historical data trend for Optima bank'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.

Optima bank Tangible Book per Share Chart

Optima bank Annual Data
Trend Dec20 Dec21 Dec22
Tangible Book per Share
0.67 0.67 1.10

Optima bank Semi-Annual Data
Dec20 Dec21 Jun22 Dec22 Jun23
Tangible Book per Share 0.67 0.67 0.00 1.10 1.30

FRA:C59 vs : Tangible Book per Share Comparison

For the Banks - Regional subindustry, Optima bank'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.

Optima bank Price-to-Tangible-Book vs Banks Industry

For the Banks industry and Financial Services sector, Optima bank's Price-to-Tangible-Book distribution charts can be found below:

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


FRA:C59
20GF Score
Optima bank SA FRA:C59
Tangible Book per Share is just one metric. See GF Score™, valuation, warning signs, and more.
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Optima bank Tangible Book per Share Calculation

Optima bank's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(252.935-0-10.324)/221.082
=1.10

Optima bank's Tangible Book Value Per Share for the quarter that ended in Jun. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(298.452-0-10.498)/221.082
=1.30

* 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 €1.30 mean?
Optima bank (FRA:C59) has a Tangible Book per Share of €1.30 as of Jun. 2023. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Optima bank and its competitors.
Is Optima bank's Tangible Book per Share too high?
Optima bank's current Tangible Book per Share is €1.30. Overall, Optima bank has a GF Score™ of 20/100, reflecting its overall financial health beyond just this single metric.
How does Optima bank's Tangible Book per Share compare to ?
Optima bank's Tangible Book per Share of €1.30 can be compared against companies in the Banks 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 a Banks company?
A good Tangible Book per Share depends on the Banks 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 Optima bank and its competitors. Optima bank's current Tangible Book per Share is €1.30. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Optima bank stock overvalued right now?
Optima bank (FRA:C59) has a current Tangible Book per Share of €1.30. The current Tangible Book per Share is €1.30. Optima bank's overall GF Score™ is 20/100. 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 Optima bank (FRA:C59), the current Tangible Book per Share is €1.30 as of Jun. 2023. 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.

Optima bank Business Description

Comparable Companies
Address 32 Aigialeias & Paradissou Street, P.O. 15125, Marousi, GRC, 15125
Optima bank SA is a banking and financial services providing institution which caters to the needs of customers both retail and businesses, products and services. It also provides a wide range of banking and brokerage services as well as investment banking services covering the broadest sectors such as Private Banking or Retail Banking, Corporate Banking, Other Services, Capital Management Services, and Business Receivables Agency.
20GF Score

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Tangible Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

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