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Comtex News Network (Comtex News Network) Tangible Book per Share : $114.12 (As of Mar. 2010)


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What is Comtex News Network 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. Comtex News Network's tangible book value per share for the quarter that ended in Mar. 2010 was $114.12.

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.


Comtex News Network Tangible Book per Share Historical Data

The historical data trend for Comtex News Network'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.

* Premium members only.

Comtex News Network Tangible Book per Share Chart

Comtex News Network Annual Data
Trend Jun00 Jun01 Jun02 Jun03 Jun04 Jun05 Jun06 Jun07 Jun08 Jun09
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 27.07 52.21 79.29 119.42 123.69

Comtex News Network Quarterly Data
Jun05 Sep05 Dec05 Mar06 Jun06 Sep06 Dec06 Mar07 Jun07 Sep07 Dec07 Mar08 Jun08 Sep08 Dec08 Mar09 Jun09 Sep09 Dec09 Mar10
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 120.39 123.69 134.26 126.22 114.12

Competitive Comparison of Comtex News Network's Tangible Book per Share

For the Publishing subindustry, Comtex News Network'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.


Comtex News Network's Price-to-Tangible-Book Distribution in the Media - Diversified Industry

For the Media - Diversified industry and Communication Services sector, Comtex News Network's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Comtex News Network's Price-to-Tangible-Book falls into.



Comtex News Network Tangible Book per Share Calculation

Comtex News Network's Tangible Book Value Per Share for the fiscal year that ended in Jun. 2009 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.953-0-0)/0.01579
=123.69

Comtex News Network's Tangible Book Value Per Share for the quarter that ended in Mar. 2010 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(1.802-0-0)/0.01579
=114.12

* 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.


Comtex News Network  (OTCPK:CMTX) 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.


Comtex News Network Tangible Book per Share Related Terms

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Comtex News Network (Comtex News Network) Business Description

Traded in Other Exchanges
N/A
Address
295 Madison Avenue, 12th Floor, New York, NY, USA, 10017
Comtex News Network Inc is a provider of economically useful electronic real-time news, content and SmarTrend(r) market products. It receives, enhances, combines and filters news and content received from national and international news bureaus, agencies and publications, and distributes more than one million total stories per day.
Executives
Chip Brian officer: President and COO 625 N WASHINGTON STREET STE 301 ALEXANDRIA VA 22314
Tepco Corp 10 percent owner 25 CHURCH STREET THE CONTINENTAL BUILDING HAMILTON D0 HM 12
C W Gilluly director, officer: Interim C.E.O. 625 N. WASHINGTON ST. STE 301 ALEXANDRIA VA 22314

Comtex News Network (Comtex News Network) Headlines

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