Riviera Tool Co (Riviera Tool Co) Tangible Book per Share : $0.50 (As of Nov. 2006)

Riviera Tool Co Tangible Book per Share Chart

Riviera Tool Co Annual Data
	Trend	Aug97	Aug98	Aug99	Aug00	Aug01	Aug02	Aug03	Aug04	Aug05	Aug06
Tangible Book per Share		Get a 7-Day Free Trial					3.49	3.76	1.53	0.97	0.59

Riviera Tool Co Quarterly Data
	Feb02	May02	Aug02	Nov02	Feb03	May03	Aug03	Nov03	Feb04	May04	Aug04	Nov04	Feb05	May05	Aug05	Nov05	Feb06	May06	Aug06	Nov06
Tangible Book per Share	Get a 7-Day Free Trial															0.89	0.84	0.84	0.59	0.50

Competitive Comparison of Riviera Tool Co's Tangible Book per Share

For the Metal Fabrication subindustry, Riviera Tool Co'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.

Riviera Tool Co's Price-to-Tangible-Book Distribution in the Industrial Products Industry

For the Industrial Products industry and Industrials sector, Riviera Tool Co's Price-to-Tangible-Book distribution charts can be found below:

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

Riviera Tool Co Tangible Book per Share Calculation

Riviera Tool Co's Tangible Book Value Per Share for the fiscal year that ended in Aug. 2006 is calculated as

Riviera Tool Co's Tangible Book Value Per Share for the quarter that ended in Nov. 2006 is calculated as

* 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.

Riviera Tool Co  (OTCPK:RIVT) 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.

Riviera Tool Co Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Riviera Tool Co's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.

Riviera Tool Co (Riviera Tool Co) Business Description