Summit State Bank (SSBI)

9.00 +0.12  +1.38%  May 17, 8:00PM
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Summit State Bank Tangible Book Value Per Share

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Summit State Bank Tangible Book Value Per Share Chart

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Summit State Bank Historical Tangible Book Value Per Share Data

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Dec. 31, 2005 Go Pro

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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