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OCDDY (Ocado Group) Tangible Book per Share : $2.24 (As of May. 2024)


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What is Ocado Group 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. Ocado Group's tangible book value per share for the quarter that ended in May. 2024 was $2.24.

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.


Ocado Group Tangible Book per Share Historical Data

The historical data trend for Ocado Group'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.

Ocado Group Tangible Book per Share Chart

Ocado Group Annual Data
Trend Nov13 Nov14 Nov15 Nov16 Nov17 Nov18 Nov19 Nov20 Nov21 Nov22
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1.52 3.12 5.38 3.99 3.73

Ocado Group Semi-Annual Data
Nov14 May15 Nov15 May16 Nov16 May17 Nov17 May18 Nov18 May19 Nov19 May20 Nov20 May21 Nov21 May22 Nov22 May23 Nov23 May24
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 3.05 3.73 3.11 2.64 2.24

Competitive Comparison of Ocado Group's Tangible Book per Share

For the Grocery Stores subindustry, Ocado Group'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.


Ocado Group's Price-to-Tangible-Book Distribution in the Retail - Defensive Industry

For the Retail - Defensive industry and Consumer Defensive sector, Ocado Group's Price-to-Tangible-Book distribution charts can be found below:

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



Ocado Group Tangible Book per Share Calculation

Ocado Group's Tangible Book Value Per Share for the fiscal year that ended in Nov. 2022 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(2154.631-0-635.287)/407.725
=3.73

Ocado Group's Tangible Book Value Per Share for the quarter that ended in May. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1726.422-0-807.459)/410.03
=2.24

* 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.


Ocado Group  (OTCPK:OCDDY) 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.


Ocado Group Tangible Book per Share Related Terms

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Ocado Group Business Description

Traded in Other Exchanges
Address
Mosquito Way, Buildings One and Two Trident Place, Hatfield Business Park, Hatfield, Hertfordshire, GBR, AL10 9UL
Ocado, one of the largest pure online grocers in the world, operates in two divisions. Ocado Retail is the group's online grocery business in the United Kingdom, a joint venture with Marks & Spencer; it offers an extensive product range of over 55,000 items via its Ocado.com website and holds more than 15% of the UK online grocery market and approximately 2% of the total UK grocery market. Ocado Solutions is built on the Ocado Smart Platform, a modular, automated online retail fulfillment and delivery solution that involves the provision of software, fulfillment infrastructure, and support services to corporate clients for a variety of one-time and ongoing costs. OSP has allowed the company to work with some of the world's largest grocers, including Ocado's retail operation.

Ocado Group Headlines

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