Enduro Royalty Trust (NDRO)

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16.50 -0.05  -0.30%   NYSE May 23, 3:27PM BATS Real time Currency in USD

Enduro Royalty Trust Tangible Book Value Per Share

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Enduro Royalty Trust Tangible Book Value Per Share Chart

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Enduro Royalty Trust Historical Tangible Book Value Per Share Data

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About Tangible Book Value Per Share

Tangible Book Value Per Share (TBVPS) is the portion of tangible assets on a company's balance sheet attributable to each share of common stock.

Tangible book value excludes:
- Goodwill
- Items classified as "Intangible Assets" on the balance sheet

Tangible Book Value Per Share is used to illustrate how under/overvalued a company is. If a company was to file bankruptcy, the tangible value of the company would be what is left after bankruptcy. Tangible Book Value Per Share answers the question "as a common stock shareholder, what would I receive for the company if it had to liquidate its assets?"

A TBVPS greater than the current share price means the stock is potentially undervalued.
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