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Global Engine Group Holding (Global Engine Group Holding) Tangible Book per Share : $0.08 (As of Dec. 2022)


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What is Global Engine Group Holding 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. Global Engine Group Holding's tangible book value per share for the quarter that ended in Dec. 2022 was $0.08.

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.


Global Engine Group Holding Tangible Book per Share Historical Data

The historical data trend for Global Engine Group Holding'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.

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Global Engine Group Holding Tangible Book per Share Chart

Global Engine Group Holding Annual Data
Trend Jun20 Jun21 Jun22
Tangible Book per Share
0.02 0.02 0.06

Global Engine Group Holding Quarterly Data
Jun20 Dec20 Jun21 Dec21 Jun22 Dec22
Tangible Book per Share Get a 7-Day Free Trial - 0.02 0.05 0.06 0.08

Competitive Comparison of Global Engine Group Holding's Tangible Book per Share

For the Information Technology Services subindustry, Global Engine Group Holding'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.


Global Engine Group Holding's Price-to-Tangible-Book Distribution in the Software Industry

For the Software industry and Technology sector, Global Engine Group Holding's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Global Engine Group Holding's Price-to-Tangible-Book falls into.



Global Engine Group Holding Tangible Book per Share Calculation

Global Engine Group Holding's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.133-0-0)/18.000
=0.06

Global Engine Group Holding's Tangible Book Value Per Share for the quarter that ended in Dec. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.36-0-0)/18.000
=0.08

* 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.


Global Engine Group Holding  (NAS:GLE) 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.


Global Engine Group Holding Tangible Book per Share Related Terms

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Global Engine Group Holding (Global Engine Group Holding) Business Description

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Global Engine Group Holding Ltd offers integrated solutions by using ICT solutions to drive business outcomes and innovation. It serves primarily as a holding company for its operating subsidiary, Global Engine Limited. Its service offerings comprise services to telecom operators, including the one-stop shop purchase from telecom license application service to turnkey network setup as well as service outsourcing; business planning, development, technical and operations consulting programs structured to target the cloud computing and data center providers; system design, planning, development and operation services to technology companies; cloud platform deployment, IT system design and configuration services, maintenance services, data center colocation service and cloud service.

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