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Proliance International (Proliance International) Tangible Book per Share : $1.70 (As of Mar. 2009)


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What is Proliance International 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. Proliance International's tangible book value per share for the quarter that ended in Mar. 2009 was $1.70.

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.


Proliance International Tangible Book per Share Historical Data

The historical data trend for Proliance International'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.

Proliance International Tangible Book per Share Chart

Proliance International Annual Data
Trend Dec99 Dec00 Dec01 Dec02 Dec03 Dec04 Dec05 Dec06 Dec07 Dec08
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 6.59 5.72 4.82 3.94 2.67

Proliance International Quarterly Data
Jun04 Sep04 Dec04 Mar05 Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09
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 3.89 4.00 3.90 2.67 1.70

Competitive Comparison of Proliance International's Tangible Book per Share

For the Auto Parts subindustry, Proliance International'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.


Proliance International's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Proliance International's Price-to-Tangible-Book distribution charts can be found below:

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



Proliance International Tangible Book per Share Calculation

Proliance International's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2008 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(42.189-0-0)/15.7805
=2.67

Proliance International's Tangible Book Value Per Share for the quarter that ended in Mar. 2009 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(26.816-0-0)/15.7805
=1.70

* 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.


Proliance International  (OTCPK:PLNTQ) 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.


Proliance International Tangible Book per Share Related Terms

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Proliance International (Proliance International) Business Description

Traded in Other Exchanges
N/A
Address
100 Gando Drive, New Haven, CT, USA, 06513
Proliance International Inc designs, manufactures and markets heat exchange products and temperature control parts for the automotive and light truck aftermarket.
Executives
Arlen F Henock officer: Exec VP and CFO
Paul R Lederer director 233 S PATTERSON, SPRINGFIELD MO 65802
Abraham William J Jr director FOLEY & LARDNER, 777 EAST WISCONSIN AVENUE, MILWAUKEE WI 63202
Vincent L Martin director
James R Rulseh director 5001 N SECOND STREET, ROCKFORD IL 61111
Bradley C Richardson director
Sharon M Oster director C/O WELLTOWER INC., 4500 DORR STREET, TOLEDO OH 43615
Michael T Yonker director 5001 NORTH SECOND STREET, ROCKFORD IL 61111
Philip W Colburn director 11611 SAN VICENTE BLVD, SUITE 505, LOS ANGELES CA 90049

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