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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.
Virtus Investment Partners (FRA:VIP) 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.
Virtus Investment Partners Tangible Book per Share Related Terms
Virtus Investment Partners Tangible Book per Share Historical Data
* 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.
Virtus Investment Partners Tangible Book per Share Chart
FRA:VIP vs AOD, FPF, CRF: Tangible Book per Share Comparison
For the Asset Management subindustry, Virtus Investment Partners'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.
Virtus Investment Partners Price-to-Tangible-Book vs Asset Management Industry
For the Asset Management industry and Financial Services sector, Virtus Investment Partners's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Virtus Investment Partners's Price-to-Tangible-Book falls into.
* 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 €-38.28 mean?
Virtus Investment Partners (FRA:VIP) has a Tangible Book per Share of €-38.28 as of Jun. 2026. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Virtus Investment Partners and its competitors.
Is Virtus Investment Partners' Tangible Book per Share too high?
Virtus Investment Partners' current Tangible Book per Share is €-38.28. Overall, Virtus Investment Partners has a GF Score™ of 78/100 and is considered Modestly Undervalued, reflecting its overall financial health beyond just this single metric.
How does Virtus Investment Partners' Tangible Book per Share compare to AOD and FPF?
Virtus Investment Partners' Tangible Book per Share of €-38.28 can be compared against companies in the Asset Management 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 Asset Management company?
A good Tangible Book per Share depends on the Asset Management 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 Virtus Investment Partners and its competitors. Virtus Investment Partners's current Tangible Book per Share is €-38.28. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Virtus Investment Partners stock overvalued right now?
Based on GuruFocus' analysis, Virtus Investment Partners (FRA:VIP) is currently considered Modestly Undervalued. The stock's GF Value™ is €158.57, compared to a current price of €142.00 — trading 10.4% below its estimated fair value. The current Tangible Book per Share is €-38.28. Virtus Investment Partners' overall GF Score™ is 78/100 with 11 warning signs to review. 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 Virtus Investment Partners (FRA:VIP), the current Tangible Book per Share is €-38.28 as of Jun. 2026. 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.
Is Virtus Investment Partners (FRA:VIP) Overvalued in 2026?
Based on GuruFocus' analysis, Virtus Investment Partners stock appears to be undervalued.
The current stock price of €142.00 is trading 10.4% below its estimated GF Value™ of €158.57.
GuruFocus considers Virtus Investment Partners to be Modestly Undervalued.
Key valuation signals for FRA:VIP:
Tangible Book per Share: €-38.28
GF Value™: €158.57 vs. price of €142.00 (10.4% below fair value)
No single metric tells the full story. See the FRA:VIP stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.
Virtus Investment Partners Inc provides investment management and related services to institutions and individuals. It uses a multi-manager, multi-style approach, offering investment strategies from investment managers, each having its distinct investment style, autonomous investment process, and individual brand, as well as from select unaffiliated managers for certain funds. Through its multi-manager model, the group provides investment managers with distribution, business, and operational support. The Company operates in one business segment, namely as an asset manager providing investment management and related services for individual and institutional clients.
78GF Score
Get the complete analysis for FRA:VIP
Tangible Book per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.
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