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About Tangible Book Value
Tangible book value (TBV) is calculated by subtracting intangible assets from the company's book value. TBV is frequently used to illustrate "how much of a company is left after a bankruptcy filing?"
For instance, if a company filed bankruptcy with five million in current assets, three million in gross property, plant, and equipment, and four million in goodwill, we would expect the company to be able to sell the current assets and gross property. It would be unable / difficult to sell goodwill, because it's not a tangible asset. The TBV in this example would be eight (5+3) million.
Tangible book value excludes:
- Goodwill
- Items classified as "Intangible Assets" on the balance sheet
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AMAP Tangible Book Value Benchmarks
| Companies | |
|---|---|
| SINA Corporation | Go Pro |
| Accelrys | Go Pro |
| Guidance Software | Go Pro |
AMAP Tangible Book Value Rankings
| Overall |
76th percentile 1787 of 7600 |
| Sector |
73rd percentile 237 of 903 in Technology |
| Industry |
86th percentile 25 of 181 in Software - Application |
AMAP Tangible Book Value Range, Past 5 Years
| Minimum | Go Pro | Jun 2010 |
| Maximum | Go Pro | Sep 2012 |
| Average | Go Pro |
AMAP News
Wall St. Cheat Sheet May 14