GURUFOCUS.COM » STOCK LIST » Financial Services » Capital Markets » Jarvis Securities PLC (LSE:JIM) » Definitions » Tangible Book per Share

Jarvis Securities (LSE:JIM) Tangible Book per Share : £0.10 (As of Dec. 2023)


View and export this data going back to 2004. Start your Free Trial

What is Jarvis Securities 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. Jarvis Securities's tangible book value per share for the quarter that ended in Dec. 2023 was £0.10.

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.


Jarvis Securities Tangible Book per Share Historical Data

The historical data trend for Jarvis Securities'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.

Jarvis Securities Tangible Book per Share Chart

Jarvis Securities Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.12 0.14 0.11 0.10 0.10

Jarvis Securities Semi-Annual Data
Jun14 Dec14 Jun15 Dec15 Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23
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 0.11 0.10 0.10 0.10 0.10

Competitive Comparison of Jarvis Securities's Tangible Book per Share

For the Capital Markets subindustry, Jarvis Securities'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.


Jarvis Securities's Price-to-Tangible-Book Distribution in the Capital Markets Industry

For the Capital Markets industry and Financial Services sector, Jarvis Securities's Price-to-Tangible-Book distribution charts can be found below:

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



Jarvis Securities Tangible Book per Share Calculation

Jarvis Securities's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(5.044-0-0.388)/44.731
=0.10

Jarvis Securities's Tangible Book Value Per Share for the quarter that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(5.044-0-0.388)/44.731
=0.10

* 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.


Jarvis Securities  (LSE:JIM) 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.


Jarvis Securities Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Jarvis Securities's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Jarvis Securities (LSE:JIM) Business Description

Traded in Other Exchanges
N/A
Address
78 Mount Ephraim, Royal Tunbridge Wells, Kent, GBR, TN4 8BS
Jarvis Securities PLC operates in the financial services sector. Its core business is to provide retail execution-only stockbroking, ISA (Individual saving account), and SIPP (Self-invested personal pension) investment wrappers, savings schemes, financial administration, settlement, and custody services to stockbrokers, investment firms, and individuals. The company also provides outsourced financial administration services to various investment firms. Its operations are principally carried out in the United Kingdom.

Jarvis Securities (LSE:JIM) Headlines

No Headlines