Webco Industries (Webco Industries) Tangible Book per Share : $373.86 (As of Jul. 2023)

Webco Industries Tangible Book per Share Chart

Webco Industries Annual Data
	Trend	Jul05	Jul06	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul23
Tangible Book per Share		Get a 7-Day Free Trial					200.81	197.59	188.60	215.11	373.86

Webco Industries Semi-Annual Data
	Jul95	Jul96	Jul97	Jul98	Jul99	Jul00	Jul01	Jul02	Jul03	Jul04	Jul05	Jul06	Jul12	Jul13	Jul14	Jul15	Jul16	Jul17	Jul18	Jul23
Tangible Book per Share	Get a 7-Day Free Trial															200.81	197.59	188.60	215.11	373.86

Competitive Comparison of Webco Industries's Tangible Book per Share

For the Steel subindustry, Webco Industries'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.

Webco Industries's Price-to-Tangible-Book Distribution in the Steel Industry

For the Steel industry and Basic Materials sector, Webco Industries's Price-to-Tangible-Book distribution charts can be found below:

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

Webco Industries Tangible Book per Share Calculation

Webco Industries's Tangible Book Value Per Share for the fiscal year that ended in Jul. 2023 is calculated as

Webco Industries's Tangible Book Value Per Share for the quarter that ended in Jul. 2023 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.

Webco Industries  (OTCPK:WEBC) 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.

Webco Industries Tangible Book per Share Related Terms

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Webco Industries (Webco Industries) Business Description