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Tavistock Investments (LSE:TAVI) Tangible Book per Share : £0.03 (As of Sep. 2023)


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What is Tavistock Investments 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. Tavistock Investments's tangible book value per share for the quarter that ended in Sep. 2023 was £0.03.

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.


Tavistock Investments Tangible Book per Share Historical Data

The historical data trend for Tavistock Investments'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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Tavistock Investments Tangible Book per Share Chart

Tavistock Investments Annual Data
Trend Dec12 Dec13 Mar16 Mar17 Mar18 Mar19 Mar20 Mar21 Mar22 Mar23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only - - - 0.05 0.04

Tavistock Investments Semi-Annual Data
Dec13 Jun14 Dec14 Sep15 Mar16 Sep16 Mar17 Sep17 Mar18 Sep18 Mar19 Sep19 Mar20 Sep20 Mar21 Sep21 Mar22 Sep22 Mar23 Sep23
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 0.06 0.05 0.04 0.04 0.03

Competitive Comparison of Tavistock Investments's Tangible Book per Share

For the Capital Markets subindustry, Tavistock Investments'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.


Tavistock Investments's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Tavistock Investments's Price-to-Tangible-Book distribution charts can be found below:

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



Tavistock Investments Tangible Book per Share Calculation

Tavistock Investments's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(41.771-0-19.56)/556.858
=0.04

Tavistock Investments's Tangible Book Value Per Share for the quarter that ended in Sep. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(40.692-0-23.193)/560.429
=0.03

* 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.


Tavistock Investments  (LSE:TAVI) 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.


Tavistock Investments Tangible Book per Share Related Terms

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Tavistock Investments (LSE:TAVI) Business Description

Traded in Other Exchanges
N/A
Address
Lyndhurst Road, 1 Queen's Square, Ascot Business Park, Ascot, Berkshire, GBR, SL5 9FE
Tavistock Investments PLC is a UK-based company that is engaged in the provision of support services to a network of independent financial advisories (IFAs) and the provision of investment management services. The company's operating segments include Investment Management and Advisory Business. It generates maximum revenue from the Advisory Business segment. Revenue generated by the company mainly consists of fees and commissions received by providing services.

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