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Tamar European Industrial Fund (LSE:TEIF) Tangible Book per Share : £0.52 (As of Dec. 2013)


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What is Tamar European Industrial Fund 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. Tamar European Industrial Fund's tangible book value per share for the quarter that ended in Dec. 2013 was £0.52.

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.


Tamar European Industrial Fund Tangible Book per Share Historical Data

The historical data trend for Tamar European Industrial Fund'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.

Tamar European Industrial Fund Tangible Book per Share Chart

Tamar European Industrial Fund Annual Data
Trend Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Tangible Book per Share
Get a 7-Day Free Trial 0.83 0.83 0.72 0.57 0.52

Tamar European Industrial Fund Semi-Annual Data
Dec09 Jun10 Dec10 Jun11 Dec11 Jun12 Dec12 Jun13 Dec13
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only 0.72 0.62 0.57 0.57 0.52

Competitive Comparison of Tamar European Industrial Fund's Tangible Book per Share

For the Real Estate Services subindustry, Tamar European Industrial Fund'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.


Tamar European Industrial Fund's Price-to-Tangible-Book Distribution in the Real Estate Industry

For the Real Estate industry and Real Estate sector, Tamar European Industrial Fund's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Tamar European Industrial Fund's Price-to-Tangible-Book falls into.



Tamar European Industrial Fund Tangible Book per Share Calculation

Tamar European Industrial Fund's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2013 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(73.41-0-0)/140.000
=0.52

Tamar European Industrial Fund's Tangible Book Value Per Share for the quarter that ended in Dec. 2013 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(73.41-0-0)/140.000
=0.52

* 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.


Tamar European Industrial Fund  (LSE:TEIF) 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.


Tamar European Industrial Fund Tangible Book per Share Related Terms

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Tamar European Industrial Fund (LSE:TEIF) Business Description

Traded in Other Exchanges
N/A
Address
Tamar European Industrial Fund Ltd is a closed-ended, investment company incorporated on 25 August 2006. Its Investment objective is to invest in industrial real estate assets primarily across Western and Northern European jurisdictions excluding the United Kingdom and Nordic area.

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