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.
Zb Financial Holdings Tangible Book per Share Historical Data
The historical data trend for Zb Financial Holdings'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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Zb Financial Holdings Tangible Book per Share Chart
Competitive Comparison of Zb Financial Holdings's Tangible Book per Share
For the Banks - Regional subindustry, Zb Financial Holdings'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.
Zb Financial Holdings's Price-to-Tangible-Book Distribution in the Banks Industry
For the Banks industry and Financial Services sector, Zb Financial Holdings's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Zb Financial Holdings'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.
Zb Financial Holdings (XZIM:ZBFH.ZW) 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.
Zb Financial Holdings Tangible Book per Share Related Terms
Thank you for viewing the detailed overview of Zb Financial Holdings's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Zb Financial Holdings Ltd is a Zimbabwe-based investment holding company. Along with its subsidiaries, its business segments are Banking Operations, Insurance Operations, Investments cluster, and Other Strategic Investments. The banking segment derives the majority of the revenue for the group, which provides a wide range of financial services to customers through a wide network of branches and electronic delivery channels. Its core business is retail and commercial banking services. Its product range includes deposit, personal and corporate lending, asset finance, mortgage finance, treasury management, corporate advisory services, medium to long-term structured finance, share transfer and script management services, and a wide array of card-based facilities.
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