Sentence examples for of tangible book from inspiring English sources

Even after rising more than 6% Wednesday, the stock trades at 70% of tangible book value.

"It's hard to get too excited about any bank in this environment, but when you factor in that Citigroup is trading at half of tangible book value, the stock is appealing".

Shares of Borders quickly fell 40% to $4.20, half of tangible book value often a sign of impending bankruptcy.

He also notes that the stock is selling at 85% of tangible book value and a cheap 6 times trailing earnings.

With all of that in mind, sometimes companies that trade at a very low multiple of tangible book value are trading that low for a reason.

So look at tangible book value (book value minus goodwill and other intangibles), but pay close attention to the portion of tangible book that takes the form of cash and equivalents.

The ratio of price to tangible book value for the S&P 500 is 7.1; that is 6 times what the ratio was in 1979, according to Standard & Poors.

The ratio of price to tangible book value for the S&P 500 is 7.1; that is 6 times what the ratio was in 1979, according to Standard & Poor's.

G.M. is paying a premium to tangible book value of about $550 million.

As Betsy Graseck of Morgan Stanley points out, they are still higher, relative to tangible book value, than their lowest level in the credit crunch of 1989-91.

So it trades at a discount to tangible book value and at 0.79 of its price-to-sales.