GURUFOCUS.COM » STOCK LIST » Financial Services » Asset Management » Lindsell Train Investment Trust (The) PLC (LSE:LTI) » Definitions » Tangible Book per Share

Lindsell Train Investment Trust (The) (LSE:LTI) Tangible Book per Share : £1,026.43 (As of Mar. 2024)


View and export this data going back to 2001. Start your Free Trial

What is Lindsell Train Investment Trust (The) 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. Lindsell Train Investment Trust (The)'s tangible book value per share for the quarter that ended in Mar. 2024 was £1,026.43.

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.


Lindsell Train Investment Trust (The) Tangible Book per Share Historical Data

The historical data trend for Lindsell Train Investment Trust (The)'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.

Lindsell Train Investment Trust (The) Tangible Book per Share Chart

Lindsell Train Investment Trust (The) Annual Data
Trend Mar15 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23 Mar24
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 956.65 1,185.58 1,113.81 1,056.95 1,026.43

Lindsell Train Investment Trust (The) Semi-Annual Data
Sep14 Mar15 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23 Mar24
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 1,113.81 1,029.42 1,056.95 968.75 1,026.43

Competitive Comparison of Lindsell Train Investment Trust (The)'s Tangible Book per Share

For the Asset Management subindustry, Lindsell Train Investment Trust (The)'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.


Lindsell Train Investment Trust (The)'s Price-to-Tangible-Book Distribution in the Asset Management Industry

For the Asset Management industry and Financial Services sector, Lindsell Train Investment Trust (The)'s Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Lindsell Train Investment Trust (The)'s Price-to-Tangible-Book falls into.



Lindsell Train Investment Trust (The) Tangible Book per Share Calculation

Lindsell Train Investment Trust (The)'s Tangible Book Value Per Share for the fiscal year that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(205.285-0-0)/0.2
=1,026.43

Lindsell Train Investment Trust (The)'s Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(205.285-0-0)/0.2
=1,026.43

* 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.


Lindsell Train Investment Trust (The)  (LSE:LTI) 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.


Lindsell Train Investment Trust (The) Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Lindsell Train Investment Trust (The)'s Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Lindsell Train Investment Trust (The) (LSE:LTI) Business Description

Traded in Other Exchanges
N/A
Address
25 Southampton Buildings, London, GBR, WC2A 1AL
Lindsell Train Investment Trust (The) PLC is a UK-based investment trust company. Its primary investment objective is to maximize long-term total returns with a minimum objective to maintain the real purchasing power of Sterling capital. The company's investment policy is to invest in a wide range of financial assets including equities, unquoted equities, bonds, funds, cash and other financial investments globally with no limitations on the markets and sectors. It focuses on investing in a concentrated portfolio of securities with the number of equity investments averaging fifteen companies. The company holds a portfolio of equities across UK, USA, Japan, Europe.

Lindsell Train Investment Trust (The) (LSE:LTI) Headlines

No Headlines