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Govind Rubber (BOM:509148) Tangible Book per Share : ₹22.52 (As of Mar. 2020)


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What is Govind Rubber Tangible Book per Share?

Tangible book value per share is calculated as the total tangible equity divided by Shares Outstanding (EOP). Total tangible equity is calculated as the Total Stockholders Equity minus Preferred Stock minus Intangible Assets. Govind Rubber's tangible book value per share for the quarter that ended in Mar. 2020 was ₹22.52.

Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Govind Rubber Tangible Book per Share Historical Data

The historical data trend for Govind Rubber's Tangible Book per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

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Govind Rubber Tangible Book per Share Chart

Govind Rubber Annual Data
Trend Mar11 Mar12 Mar13 Mar14 Mar15 Mar16 Mar17 Mar18 Mar19 Mar20
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 14.61 10.33 10.10 -52.32 22.52

Govind Rubber Quarterly Data
Jun15 Sep15 Dec15 Mar16 Jun16 Sep16 Dec16 Mar17 Jun17 Sep17 Dec17 Mar18 Jun18 Sep18 Dec18 Mar19 Jun19 Sep19 Dec19 Mar20
Tangible Book per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -52.32 - -53.30 - 22.52

Competitive Comparison of Govind Rubber's Tangible Book per Share

For the Auto Parts subindustry, Govind Rubber's Price-to-Tangible-Book, along with its competitors' market caps and Price-to-Tangible-Book data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


Govind Rubber's Price-to-Tangible-Book Distribution in the Vehicles & Parts Industry

For the Vehicles & Parts industry and Consumer Cyclical sector, Govind Rubber's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Govind Rubber's Price-to-Tangible-Book falls into.



Govind Rubber Tangible Book per Share Calculation

Govind Rubber's Tangible Book Value Per Share for the fiscal year that ended in Mar. 2020 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(491.824-0-0)/21.8385
=22.52

Govind Rubber's Tangible Book Value Per Share for the quarter that ended in Mar. 2020 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(491.824-0-0)/21.8385
=22.52

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total equity is a balance sheet item and equal to total assets less total liabilities of the company. Since intangibles such as goodwill cannot be sold when the company liquidates, tangible book value per share is considered more accurate in reflecting how much shareholders will receive when the company liquidates.


Govind Rubber  (BOM:509148) Tangible Book per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


Govind Rubber Tangible Book per Share Related Terms

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Govind Rubber (BOM:509148) Business Description

Traded in Other Exchanges
N/A
Address
72, N.M.Joshi Marg, Sitaram Mill Compound, 418, Creative Industrial Estate, Lower Parel, Mumbai, MH, IND, 400 011
Govind Rubber Ltd manufactures bicycle tire in India. The company is engaged in the manufacturing of bicycle & auto tires and tubes. It manufactures tyres and tubes for two/ three wheelers and markets mountain bike tyres. It offers tires, such as Road/City/Tour, all-terrain bicycle (ATB), mountain bicycle (MTB), Race, bicycle motocross (BMX) and Wheel Chair. It offers tubes, such as Butyl and natural rubber (NR) tubes, valves and packaging. It offers tires for multirole use, such as dirt tracks, rough terrain, and mountainous terrain.

Govind Rubber (BOM:509148) Headlines

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