GURUFOCUS.COM » STOCK LIST » Financial Services » Diversified Financial Services » TUP Capital Inc (TSXV:TUP.P) » Definitions » Tangible Book per Share

TUP Capital (TSXV:TUP.P) Tangible Book per Share : C$0.04 (As of Nov. 2023)


View and export this data going back to 2021. Start your Free Trial

What is TUP Capital 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. TUP Capital's tangible book value per share for the quarter that ended in Nov. 2023 was C$0.04.

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.


TUP Capital Tangible Book per Share Historical Data

The historical data trend for TUP Capital'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.

TUP Capital Tangible Book per Share Chart

TUP Capital Annual Data
Trend Feb21 Feb22 Feb23
Tangible Book per Share
0.02 0.06 0.05

TUP Capital Quarterly Data
Aug20 Nov20 Feb21 May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23
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 0.05 0.05 0.04 0.04 0.04

Competitive Comparison of TUP Capital's Tangible Book per Share

For the Shell Companies subindustry, TUP Capital'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.


TUP Capital's Price-to-Tangible-Book Distribution in the Diversified Financial Services Industry

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

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



TUP Capital Tangible Book per Share Calculation

TUP Capital's Tangible Book Value Per Share for the fiscal year that ended in Feb. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(0.538-0-0)/11.9
=0.05

TUP Capital's Tangible Book Value Per Share for the quarter that ended in Nov. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(0.414-0-0)/11.9
=0.03

* 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.


TUP Capital  (TSXV:TUP.P) 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.


TUP Capital Tangible Book per Share Related Terms

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


TUP Capital (TSXV:TUP.P) Business Description

Comparable Companies
Traded in Other Exchanges
N/A
Address
100 King Street West, Suite 3400, One First Canadian Place, Toronto, ON, CAN, M5X 1A4
Website
TUP Capital Inc is a a capital pool company.

TUP Capital (TSXV:TUP.P) Headlines

No Headlines