Tangible Book Value Per Share

Browse all terms in Glossary

Definition

Tangible Book Value Per Share 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

Formula

Tangible Book Value Per Share = (Tangible Book Value - Book Value of Preferred Stock)/Common Shares Outstanding

Related Terms

Preferred Stock, Shares Outstanding, Tangible Book Value

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