China New Borun Corporation (BORN)
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China New Borun Corporation Tangible Book Value Chart
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China New Borun Corporation Historical Tangible Book Value Data
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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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BORN Tangible Book Value Benchmarks
| Companies | |
|---|---|
| Brown-Forman Corporation | Go Pro |
| Constellation Brands | Go Pro |
| Encore Brands | Go Pro |
BORN Tangible Book Value Rankings
| Overall |
75th percentile 1930 of 8006 |
| Sector |
73rd percentile 78 of 291 in Consumer Defensive |
| Industry |
88th percentile 2 of 18 in Beverages - Wineries & Distilleries |
BORN Tangible Book Value Range, Past 5 Years
| Minimum | Go Pro | Mar 2010 |
| Maximum | Go Pro | Sep 2012 |
| Average | Go Pro |