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Parabel (Parabel) Tangible Book per Share : $-1.13 (As of Sep. 2013)


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What is Parabel 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. Parabel's tangible book value per share for the quarter that ended in Sep. 2013 was $-1.13.

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.


Parabel Tangible Book per Share Historical Data

The historical data trend for Parabel'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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Parabel Tangible Book per Share Chart

Parabel Annual Data
Trend Dec07 Dec08 Dec09 Dec10 Dec11 Dec12
Tangible Book per Share
Get a 7-Day Free Trial -1.51 -0.34 -0.56 -0.78 -1.02

Parabel Quarterly Data
Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10 Dec10 Mar11 Jun11 Sep11 Dec11 Mar12 Jun12 Sep12 Dec12 Mar13 Jun13 Sep13
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 -0.97 -1.02 -1.06 -1.10 -1.13

Competitive Comparison of Parabel's Tangible Book per Share

For the Farm Products subindustry, Parabel'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.


Parabel's Price-to-Tangible-Book Distribution in the Consumer Packaged Goods Industry

For the Consumer Packaged Goods industry and Consumer Defensive sector, Parabel's Price-to-Tangible-Book distribution charts can be found below:

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



Parabel Tangible Book per Share Calculation

Parabel's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2012 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-108.804-0-0)/106.921
=-1.02

Parabel's Tangible Book Value Per Share for the quarter that ended in Sep. 2013 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-120.914-0-0)/106.921
=-1.13

* 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.


Parabel  (OTCPK:PABL) 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.


Parabel Tangible Book per Share Related Terms

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Parabel (Parabel) Business Description

Traded in Other Exchanges
N/A
Address
Parabel Inc. provides renewable technology and solutions to meet the significant and growing demand for agricultural products and energy in global markets. The Company's solution is designed to deliver strong economic returns to customer licensees as a consequence of continuous, year-round production operations. Parabel also intends to provide social and environmental benefits, through job creation, community investment, and sustainable production that absorbs atmospheric carbon dioxide and does not compete with the existing food supply, require arable land, or pollute soil or water.
Executives
Eugene Grin 10 percent owner 825 THIRD AVENUE 14TH FLOOR, NEW YORK NY 10022
Michael Anthony other: Former President 330 CLEMATIS STREET SUITE 217 WEST PALM BEACH CA 33401

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