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.
Inversiones Siemel Tangible Book per Share Historical Data
The historical data trend for Inversiones Siemel'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.
Competitive Comparison of Inversiones Siemel's Tangible Book per Share
For the Conglomerates subindustry, Inversiones Siemel'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.
Inversiones Siemel's Price-to-Tangible-Book Distribution in the Conglomerates Industry
For the Conglomerates industry and Industrials sector, Inversiones Siemel's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Inversiones Siemel's Price-to-Tangible-Book falls into.
* 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.
Inversiones Siemel (XSGO:SIEMEL) 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.
Inversiones Siemel Tangible Book per Share Related Terms
Thank you for viewing the detailed overview of Inversiones Siemel's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Inversiones Siemel SA is a financial holding company that is present through its subsidiaries in different sectors of activity. Through its subsidiaries, the company operates in the following segments; Agribusiness, Technology, Investments, and Automotive. A majority of its revenue is generated from the Automotive segment which is engaged in the rent-a-car business and operational leasing of motor vehicles, under the Avis and Budget brands. The Agribusiness segment is involved in developing agricultural activities, such as livestock, producing beef, sheep meat, wool, sheep cheese; and fruit plantations of plums, almonds, and cherries. The Investments segment relates to real estate investments and other businesses, and the Technology segment deals in the area of information technology.
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