Red Star Express (NSA:RSE) Tangible Book per Share: ₦0.00 (As of . 20)


What is Red Star Express Tangible Book per Share?

Red Star Express NSA:RSE -9.96% Tangible Book per Share is ₦0.00 as of . 20.

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. Red Star Express's tangible book value per share for the quarter that ended in . 20 was ₦0.00.

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.

Red Star Express  (NSA:RSE) 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.

Red Star Express Tangible Book per Share Related Terms

Red Star Express Tangible Book per Share Historical Data

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The historical data trend for Red Star Express'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.

Red Star Express Tangible Book per Share Chart

Red Star Express Annual Data
Trend
Tangible Book per Share

Red Star Express Quarterly Data
Tangible Book per Share

NSA:RSE vs JANL: Tangible Book per Share Comparison

For the Integrated Freight & Logistics subindustry, Red Star Express'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.

Red Star Express Price-to-Tangible-Book vs Transportation Industry

For the Transportation industry and Industrials sector, Red Star Express's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Red Star Express's Price-to-Tangible-Book falls into.


Red Star Express Tangible Book per Share Calculation

Red Star Express's Tangible Book Value Per Share for the fiscal year that ended in . 20 is calculated as

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

Red Star Express's Tangible Book Value Per Share for the quarter that ended in . 20 is calculated as

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

* 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.

What does a Tangible Book per Share of ₦0.00 mean?
Red Star Express (NSA:RSE) has a Tangible Book per Share of ₦0.00 as of . 20. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Red Star Express and its competitors.
Is Red Star Express' Tangible Book per Share too high?
Red Star Express' current Tangible Book per Share is ₦0.00.
How does Red Star Express' Tangible Book per Share compare to JANL?
Red Star Express' Tangible Book per Share of ₦0.00 can be compared against companies in the Transportation industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tangible Book per Share for a Transportation company?
A good Tangible Book per Share depends on the Transportation industry context. However, Tangible Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tangible Book per Share mean?
A high Tangible Book per Share can signal that a stock is expensive relative to its fundamentals. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on Red Star Express and its competitors. Red Star Express's current Tangible Book per Share is ₦0.00. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Red Star Express stock overvalued right now?
Red Star Express (NSA:RSE) has a current Tangible Book per Share of ₦0.00. The current Tangible Book per Share is ₦0.00. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tangible Book per Share calculated?
Tangible Book per Share is calculated from a company's financial statements. For Red Star Express (NSA:RSE), the current Tangible Book per Share is ₦0.00 as of . 20. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Red Star Express Business Description

Address 70, International Airport Road, Lagos, NGA
Red Star Express PLC is engaged in the provision of courier services, mail management services, freight services, logistics, ware housing and general haulage.