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CTBC Financial Holding Co (TPE:2891B.PFD) Tangible Book per Share : NT$0.00 (As of Mar. 2024)


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What is CTBC Financial Holding Co 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. CTBC Financial Holding Co's tangible book value per share for the quarter that ended in Mar. 2024 was NT$0.00.

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.


CTBC Financial Holding Co Tangible Book per Share Historical Data

The historical data trend for CTBC Financial Holding Co'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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CTBC Financial Holding Co Tangible Book per Share Chart

CTBC Financial Holding Co Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
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CTBC Financial Holding Co Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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Competitive Comparison of CTBC Financial Holding Co's Tangible Book per Share

For the Banks - Regional subindustry, CTBC Financial Holding Co'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.


CTBC Financial Holding Co's Price-to-Tangible-Book Distribution in the Banks Industry

For the Banks industry and Financial Services sector, CTBC Financial Holding Co's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where CTBC Financial Holding Co's Price-to-Tangible-Book falls into.



CTBC Financial Holding Co Tangible Book per Share Calculation

CTBC Financial Holding Co'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)
=(441749.634-4999.9-39211.627)/0
=

CTBC Financial Holding Co's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(469850.774-4999.9-39706.863)/0
=

* 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.


CTBC Financial Holding Co  (TPE:2891B.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.


CTBC Financial Holding Co Tangible Book per Share Related Terms

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CTBC Financial Holding Co (TPE:2891B.PFD) Business Description

Traded in Other Exchanges
Address
No. 168, Jingmao 2nd Road, 27th and 29th Floor, Nangang District, Taipei, TWN, 115
CTBC Financial Holding Co Ltd is a diversified financial services holding company. The company's segment includes Institutional banking; Retail banking; Life insurance and others. It generates maximum revenue from the Retail banking segment. The Retail Banking segment is providing target clients with relevant financial services, including wealth management, credit cards, secured loans, and unsecured individual loans, etc. Geographically, it derives a majority of its revenue from Taiwan.

CTBC Financial Holding Co (TPE:2891B.PFD) Headlines

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