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.
Brookfield Oaktree Holdings LLC Tangible Book per Share Historical Data
* 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.
Brookfield Oaktree Holdings LLC Tangible Book per Share Chart
Competitive Comparison of Brookfield Oaktree Holdings LLC's Tangible Book per Share
For the Asset Management subindustry, Brookfield Oaktree Holdings LLC'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.
Brookfield Oaktree Holdings LLC's Price-to-Tangible-Book Distribution in the Asset Management Industry
For the Asset Management industry and Financial Services sector, Brookfield Oaktree Holdings LLC's Price-to-Tangible-Book distribution charts can be found below:
* The bar in red indicates where Brookfield Oaktree Holdings LLC's Price-to-Tangible-Book falls into.
Brookfield Oaktree Holdings LLC Tangible Book per Share Calculation
Brookfield Oaktree Holdings LLC's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2018 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.
Brookfield Oaktree Holdings LLC (NYSE:OAKpB.PFD) 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.
Brookfield Oaktree Holdings LLC Tangible Book per Share Related Terms
Thank you for viewing the detailed overview of Brookfield Oaktree Holdings LLC's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.
Brookfield Oaktree Holdings LLC (Brookfield Oaktree Holdings LLC) Business Description
Oaktree Capital Group LLC is an alternative asset manager involved in investing in credit, real assets, private equity, and listed equities. It operates into one segment namely the Investment management business which consists of the services that it provides to clients. It operates in the United States where it generates the majority of its revenue.
Quick Browse
Personalize
Premium Gurus 
Create New Portfolio
Portfolio Contest
OAKPB.PFD has been successfully added to your 