VIPR (VIPV) Tangible Book per Share: $-2.51 (As of Sep. 2010)

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What is VIPR Tangible Book per Share?

VIPR VIPV -96.67% Tangible Book per Share is $-2.51 as of Sep. 2010.

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. VIPR's tangible book value per share for the quarter that ended in Sep. 2010 was $-2.51.

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.

VIPR  (OTCPK:VIPV) 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.

VIPR Tangible Book per Share Related Terms

VIPR Tangible Book per Share Historical Data

* Premium members only.

The historical data trend for VIPR'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.

VIPR Tangible Book per Share Chart

VIPR Annual Data
Trend Dec04 Dec05 Dec06 Dec07 Dec08 Dec09
Tangible Book per Share
Get a 7-Day Free Trial -2.39 -1.86 0.11 -2.14 -1.95

VIPR Quarterly Data
Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10 Jun10 Sep10
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 -1.16 -1.95 -1.89 -2.38 -2.51

VIPV vs LOGX, KNIT: Tangible Book per Share Comparison

For the Advertising Agencies subindustry, VIPR'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.

VIPR Price-to-Tangible-Book vs Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, VIPR's Price-to-Tangible-Book distribution charts can be found below:

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


VIPR Tangible Book per Share Calculation

VIPR'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)
=(-0.633-0-0)/0.325
=-1.95

VIPR's Tangible Book Value Per Share for the quarter that ended in Sep. 2010 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(-0.852-0-0)/0.339
=-2.51

* 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.

What does a Tangible Book per Share of $-2.51 mean?
VIPR (VIPV) has a Tangible Book per Share of $-2.51 as of Sep. 2010. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on VIPR and its competitors.
Is VIPR's Tangible Book per Share too high?
VIPR's current Tangible Book per Share is $-2.51.
How does VIPR's Tangible Book per Share compare to LOGX and KNIT?
VIPR's Tangible Book per Share of $-2.51 can be compared against companies in the Media - Diversified industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Tangible Book per Share for a Media - Diversified company?
A good Tangible Book per Share depends on the Media - Diversified industry context. However, Tangible Book per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Tangible Book per Share mean?
A high Tangible Book per Share can signal that a stock is expensive relative to its fundamentals. Tangible book per share equals the per-share value of a company's tangible equity. View historical data on VIPR and its competitors. VIPR's current Tangible Book per Share is $-2.51. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is VIPR stock overvalued right now?
VIPR (VIPV) has a current Tangible Book per Share of $-2.51. The current Tangible Book per Share is $-2.51. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Tangible Book per Share calculated?
Tangible Book per Share is calculated from a company's financial statements. For VIPR (VIPV), the current Tangible Book per Share is $-2.51 as of Sep. 2010. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

VIPR Business Description

Address 5376 Walter Place, Burnaby, BC, CAN, V5G 4K2
VIPR Corp is engaged in the acquisition, development and marketing of businesses and their products for personal consumption, apparel and home use. Its objective is to locate, acquire and develop opportunities within the personal consumption, apparel and home markets.