GURUFOCUS.COM » STOCK LIST » Real Estate » REITs » Corio NV (LTS:0LNK) » Definitions » Tangible Book per Share

Corio NV (LTS:0LNK) Tangible Book per Share : €36.05 (As of Dec. 2013)


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

What is Corio NV 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. Corio NV's tangible book value per share for the quarter that ended in Dec. 2013 was €36.05.

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.


Corio NV Tangible Book per Share Historical Data

The historical data trend for Corio NV'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.

Corio NV Tangible Book per Share Chart

Corio NV Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.50 47.84 45.41 42.31 36.05

Corio NV Semi-Annual Data
Dec04 Dec05 Dec06 Dec07 Dec08 Dec09 Dec10 Dec11 Dec12 Dec13
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only 46.50 47.84 45.41 42.31 36.05

Competitive Comparison of Corio NV's Tangible Book per Share

For the REIT - Retail subindustry, Corio NV'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.


Corio NV's Price-to-Tangible-Book Distribution in the REITs Industry

For the REITs industry and Real Estate sector, Corio NV's Price-to-Tangible-Book distribution charts can be found below:

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



Corio NV Tangible Book per Share Calculation

Corio NV'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)
=(3695.7-0-63.1)/100.777
=36.05

Corio NV'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)
=(3695.7-0-63.1)/100.777
=36.05

* 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.


Corio NV  (LTS:0LNK) 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.


Corio NV Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Corio NV's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Corio NV (LTS:0LNK) Business Description

Industry
Traded in Other Exchanges
N/A
Address
Website
Corio NV was formed in 2000 by the merger between VIB and WBN. It is a retail property company engaged in developing, redeveloping and managing retail properties such as shops and shopping centers, offices and industrial centers in the Netherlands, France, Italy, Spain, Turkey and Germany. The Company has grown from a Dutch mixed retail fund to a pan-European real estate company with a clear focus on retail. The Company has a presence in the largest consumer markets in continental Europe, management is fully in-sourced and the business has a solid financial position. In the changing retail landscape the Company is now ready to enter the next phase and take advantage of future opportunities and dynamics in the industry. The Company has set up an internal platform, called LaunchLab, focused on helping the Company to innovate and execute the Favorite Meeting Place strategy. The programme aims to discover new strategic insights, as well as support innovative ideas to quickly move into action, boosting revenues from other income streams. The Company has six local organisations: Corio Nederland, Corio France, Corio Italia, Corio España, Corio Türkiye and Corio Deutschland. They are responsible for the daily management of Corio's real estate portfolio. Corio N.V. (the Management Board and its general staff) retains the checks and balances. The general staff reports directly to the Management Board of Corio N.V. The green brick is a reward for the sustainable real estate investor of the year.

Corio NV (LTS:0LNK) Headlines

No Headlines