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The London Tunnels (XAMS:TLT) Tangible Book per Share : £0.03 (As of Sep. 2024)


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What is The London Tunnels 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. The London Tunnels's tangible book value per share for the quarter that ended in Sep. 2024 was £0.03.

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.


The London Tunnels Tangible Book per Share Historical Data

The historical data trend for The London Tunnels'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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The London Tunnels Tangible Book per Share Chart

The London Tunnels Annual Data
Trend
Tangible Book per Share

The London Tunnels Semi-Annual Data
Dec21 Sep23 Sep24
Tangible Book per Share - -0.13 0.03

Competitive Comparison of The London Tunnels's Tangible Book per Share

For the Engineering & Construction subindustry, The London Tunnels'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.


The London Tunnels's Price-to-Tangible-Book Distribution in the Construction Industry

For the Construction industry and Industrials sector, The London Tunnels's Price-to-Tangible-Book distribution charts can be found below:

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


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The London Tunnels Tangible Book per Share Calculation

The London Tunnels's Tangible Book Value Per Share for the fiscal year that ended in . 20 is calculated as

The London Tunnels's Tangible Book Value Per Share for the quarter that ended in Sep. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(8.637-0-6.727)/68.757
=0.03

* 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.


The London Tunnels  (XAMS:TLT) 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.


The London Tunnels Tangible Book per Share Related Terms

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


The London Tunnels Business Description

Traded in Other Exchanges
N/A
Address
2nd Floor Nicola Jane House, Southern Gate, Chichester, West Sussex, Chichester, GBR, PO19 8SE
The London Tunnels PLC is engaged in operation of historical sites and buildings and similar visitor attractions. The business of the Company comprises of one operating segment being the proposed development of the Tunnels.

The London Tunnels Headlines

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