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Millenniumpthorne Hotels (Millenniumpthorne Hotels) Tangible Book per Share : $10.90 (As of Jun. 2019)


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What is Millenniumpthorne Hotels 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. Millenniumpthorne Hotels's tangible book value per share for the quarter that ended in Jun. 2019 was $10.90.

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.


Millenniumpthorne Hotels Tangible Book per Share Historical Data

The historical data trend for Millenniumpthorne Hotels'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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Millenniumpthorne Hotels Tangible Book per Share Chart

Millenniumpthorne Hotels Annual Data
Trend Dec09 Dec10 Dec11 Dec12 Dec13 Dec14 Dec15 Dec16 Dec17 Dec18
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 10.91 10.49 10.26 11.05 10.80

Millenniumpthorne Hotels Quarterly Data
Sep14 Dec14 Mar15 Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19
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 11.05 10.85 10.80 10.98 10.90

Competitive Comparison of Millenniumpthorne Hotels's Tangible Book per Share

For the Lodging subindustry, Millenniumpthorne Hotels'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.


Millenniumpthorne Hotels's Price-to-Tangible-Book Distribution in the Travel & Leisure Industry

For the Travel & Leisure industry and Consumer Cyclical sector, Millenniumpthorne Hotels's Price-to-Tangible-Book distribution charts can be found below:

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



Millenniumpthorne Hotels Tangible Book per Share Calculation

Millenniumpthorne Hotels's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2018 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(3506.329-0-0)/324.736
=10.80

Millenniumpthorne Hotels's Tangible Book Value Per Share for the quarter that ended in Jun. 2019 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(3538.657-0-0)/324.736
=10.90

* 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.


Millenniumpthorne Hotels  (OTCPK:MLCTF) 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.


Millenniumpthorne Hotels Tangible Book per Share Related Terms

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Millenniumpthorne Hotels (Millenniumpthorne Hotels) Business Description

Traded in Other Exchanges
N/A
Address
Scarsdale Place, Kensington, London, GBR, W8 5SR
Millennium & Copthorne Hotels PLC is a hotel owner and operator. The company principally operates hotels in properties that it either owns or leases. Millennium & Copthorne operate several hotel brands under three collections: Leng's Collection, which includes brands such as The Bailey's Hotel London, Grand Hotel Palace Rome, and M Hotels; Millennium Collection, which includes Millennium-branded hotels; and Copthorne Collection, which includes Copthorne and Kingsgate-branded hotels. With global operations, the company derives revenue from several countries, with the United States, United Kingdom, and Singapore the most significant.

Millenniumpthorne Hotels (Millenniumpthorne Hotels) Headlines

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