GURUFOCUS.COM » STOCK LIST » Basic Materials » Steel » Sims Ltd (FRA:I8M) » Definitions » Tangible Book per Share

Sims (FRA:I8M) Tangible Book per Share : €7.23 (As of Jun. 2024)


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

What is Sims 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. Sims's tangible book value per share for the quarter that ended in Jun. 2024 was €7.23.

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.


Sims Tangible Book per Share Historical Data

The historical data trend for Sims'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.

Sims Tangible Book per Share Chart

Sims Annual Data
Trend Jun15 Jun16 Jun17 Jun18 Jun19 Jun20 Jun21 Jun22 Jun23 Jun24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 5.86 6.40 8.30 8.10 7.23

Sims Semi-Annual Data
Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24
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 8.30 8.03 8.10 7.62 7.23

Competitive Comparison of Sims's Tangible Book per Share

For the Steel subindustry, Sims'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.


Sims's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Sims's Price-to-Tangible-Book distribution charts can be found below:

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



Sims Tangible Book per Share Calculation

Sims's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1580.842-0-185.862)/192.959
=7.23

Sims's Tangible Book Value Per Share for the quarter that ended in Jun. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1580.842-0-185.862)/192.959
=7.23

* 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.


Sims  (FRA:I8M) 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.


Sims Tangible Book per Share Related Terms

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


Sims Business Description

Industry
Traded in Other Exchanges
Address
189 O’Riordan Street, Suite 2, Level 9, Mascot, Sydney, NSW, AUS, 2020
Sims Ltd was created from the 2008 merger of two metal-recycling companies: Australia's Sims Group and America's Metal Management. The company is publicly traded metal and electronics recycler, with roughly half of its revenue generated in North America and the balance split between Australasia and Europe. The company buys, processes and sells ferrous and non-ferrous discarded metals. The company's segment includes North America Metal, Australia/New Zealand Metal, Global Trading, Investment in SA Recycling, UK metal, and Sims Lifecycle Services. The company generates the majority revenue from North America Metal segment.

Sims Headlines

No Headlines