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PPJ Healthcare Enterprises (PPJ Healthcare Enterprises) Tangible Book per Share : $114.43 (As of Dec. 2009)


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What is PPJ Healthcare Enterprises 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. PPJ Healthcare Enterprises's tangible book value per share for the quarter that ended in Dec. 2009 was $114.43.

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.


PPJ Healthcare Enterprises Tangible Book per Share Historical Data

The historical data trend for PPJ Healthcare Enterprises'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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PPJ Healthcare Enterprises Tangible Book per Share Chart

PPJ Healthcare Enterprises Annual Data
Trend Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Tangible Book per Share
Get a 7-Day Free Trial - - 845.00 2.00 267.00

PPJ Healthcare Enterprises Semi-Annual Data
Dec03 Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Tangible Book per Share Get a 7-Day Free Trial - - 362.14 0.86 114.43

Competitive Comparison of PPJ Healthcare Enterprises's Tangible Book per Share

For the Health Information Services subindustry, PPJ Healthcare Enterprises'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.


PPJ Healthcare Enterprises's Price-to-Tangible-Book Distribution in the Healthcare Providers & Services Industry

For the Healthcare Providers & Services industry and Healthcare sector, PPJ Healthcare Enterprises's Price-to-Tangible-Book distribution charts can be found below:

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



PPJ Healthcare Enterprises Tangible Book per Share Calculation

PPJ Healthcare Enterprises's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2009 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(0.801-0-0)/0.003
=267.00

PPJ Healthcare Enterprises's Tangible Book Value Per Share for the quarter that ended in Dec. 2009 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(0.801-0-0)/0.007
=114.43

* 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.


PPJ Healthcare Enterprises  (OTCPK:PPJE) 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.


PPJ Healthcare Enterprises Tangible Book per Share Related Terms

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PPJ Healthcare Enterprises (PPJ Healthcare Enterprises) Business Description

Traded in Other Exchanges
N/A
Address
401 East Jackson Street, Suite 2340, Tampa, FL, USA, 33602
PPJ Healthcare Enterprises Inc engages in joint venturing with doctors in setting up new practices, marketing, and management of pain management practices and blood culture labs. The company also engages in the development and testing of medical marijuana, medical cannabis products, and medical billing specialties in anesthesiology. The projects of the company include automated biller, medical billing service, pain management center, and Lab testing.