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.
PT Bukit Asam Tbk Tangible Book per Share Historical Data
The historical data trend for PT Bukit Asam Tbk'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.
Competitive Comparison of PT Bukit Asam Tbk's Tangible Book per Share
For the Thermal Coal subindustry, PT Bukit Asam Tbk'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.
PT Bukit Asam Tbk's Price-to-Tangible-Book Distribution in the Other Energy Sources Industry
For the Other Energy Sources industry and Energy sector, PT Bukit Asam Tbk's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where PT Bukit Asam Tbk's Price-to-Tangible-Book falls into.
PT Bukit Asam Tbk Tangible Book per Share Calculation
PT Bukit Asam Tbk's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as
* 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.
PT Bukit Asam Tbk (FRA:TBA) 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.
PT Bukit Asam Tbk Tangible Book per Share Related Terms
Thank you for viewing the detailed overview of PT Bukit Asam Tbk's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
PT Bukit Asam Tbk is an Indonesia-based company engaged in the coal mining industry and related activities, including general probing, exploration, exploitation, processing, transportation, and trading, managing coal port facilities for own needs or other parties, operating coal-fired power plants for own needs and other parties, and providing consulting and engineering services related to the coal mining industry and its processed products, plantation development, and health services. The company earns a majority of its revenue from Indonesia.
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