AX Real Estate (MAL:AXR) Tangible Book per Share : €115.21 (As of Apr. 2024)

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What is AX Real Estate 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. AX Real Estate's tangible book value per share for the quarter that ended in Apr. 2024 was €115.21.

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.

AX Real Estate Tangible Book per Share Historical Data

The historical data trend for AX Real Estate'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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AX Real Estate Tangible Book per Share Chart

AX Real Estate Annual Data

Trend

Oct21

Oct22

Oct23

Tangible Book per Share

2.43

201.64

198.17

AX Real Estate Semi-Annual Data
	Oct21	Apr22	Oct22	Apr23	Oct23	Apr24
Tangible Book per Share	Get a 7-Day Free Trial			1.48	201.64	0.51	198.17	115.21

Competitive Comparison of AX Real Estate's Tangible Book per Share

For the Real Estate - Diversified subindustry, AX Real Estate'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.

AX Real Estate's Price-to-Tangible-Book Distribution in the Real Estate Industry

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

* The bar in red indicates where AX Real Estate's Price-to-Tangible-Book falls into.

AX Real Estate Tangible Book per Share Calculation

AX Real Estate's Tangible Book Value Per Share for the fiscal year that ended in Oct. 2023 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(230.802	-	0	-	0)	/	1.16469
	=	198.17

AX Real Estate's Tangible Book Value Per Share for the quarter that ended in Apr. 2024 is calculated as

Tangible Book Value per Share	=	(Total Stockholders Equity	-	Preferred Stock	-	Intangible Assets)	/	Shares Outstanding (EOP)
	=	(134.179	-	0	-	0.001)	/	1.16469
	=	115.20

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.

AX Real Estate (MAL:AXR) 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.

AX Real Estate Tangible Book per Share Related Terms

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AX Real Estate Business Description

Industry

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Comparable Companies

Traded in Other Exchanges

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Address

AX Business Centre, Triq Id-Difiza Civili, Mosta, MLT, MST 1741

Website

https://www.axrealestate.mt

AX Real Estate PLC serves as the holding company of the Estates Group within the AX Group, with the former boasting a diverse portfolio of properties. The company's portfolio includes warehouses, an office block at Hardrocks Industrial Park, as well as an office block at Falcon House. On the other hand, its subsidiaries own a range of properties and developments, such as the Suncrest Hotels, the Royal Hotels, St. John's Boutique Hotel and Palazzo Merkanti Leisure, as well as Central Leisure Developments, Simblija Developments, Heritage Developments and Skyline Developments.