CBRE Group (CBG)
CBRE Group Tangible Common Equity Ratio: -31.54%
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CBG Tangible Common Equity Ratio Rankings
| Overall | 92nd percentile | 311 of 4385 |
| Sector | 97th percentile | 18 of 871 in Financial |
| Industry | 90th percentile | 3 of 30 in Property Management |
CBG Tangible Common Equity Ratio Range, Past 5 Years
| Minimum | -46.25% | Mar 2008 |
| Maximum | -14.17% | Jun 2011 |
| Average | -31.14% |
About Tangible Common Equity Ratio
The tangible common equity (TCE) ratio is a useful number to gauge leverage of a financial firm. Specifically, it answers the question: "How much can the value of a bank's assets fall before the entire value of tangible* common equity is wiped out?"
For example, assume a bank as a TCE ratio of 5%. If the value of all of the banks assets fell by 5%, theoretically stockholders would no longer have a claim on the bank's tangible assets.
Another way of thinking about the TCE ratio of 5% is that the remaining 95% of the bank's tangible assets have been purchased using loaned funds that the bank must repay.
This ratio is worth spending time with. Once investors understand its implications, they rarely look at banking businesses the same way.
* The word tangible, in accounting, essentially means anything that can be touched or traded. Cash, buildings, accounts receivable, inventories and stock holdings of a business are all tangible assets. Trade secrets, patents, copyrights, and goodwill are not tangible assets, even though they may have value.
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CBG News
about 26 days ago by sniper
Apr 24, 8:15PM Seeking Alpha
about 34 days ago by earningscast
about 34 days ago by PAAResearch
Apr 24, 4:05PM Business Wire
about 52 days ago by 1nvestor
about 55 days ago by 1nvestor
about 60 days ago by 1nvestor
about 62 days ago by 1nvestor
about 62 days ago by traderstewie
Recent Quotes
| Symbol | Price | Chg | Chg % | Market Cap |
|---|---|---|---|---|
| CBG | 16.38 | -0.01 | -0.06% | 5.372B |
| CBEY | 5.70 | +0.00 | +0.00% | 174.99M |
| CBE | 71.28 | -0.25 | -0.35% | 11.33B |
| CBD | 40.29 | +1.50 | +3.87% | 10.10B |
| CBB | 3.49 | +0.06 | +1.75% | 687.53M |
| CBAN | 5.16 | +0.66 | +14.67% | 43.55M |
| CBAK | 0.699 | +0.01 | +1.45% | 44.61M |
| CB | 71.75 | -0.35 | -0.49% | 19.40B |
| BTM | 12.01 | +0.19 | +1.61% | 1.600B |
| BTI | 95.46 | -0.18 | -0.19% |
