Tangible Asset Book Value Per Share (Historical)
Book value per share excluding intangible assets.
Syntax
=hf_Tangible_Asset_Book_Value_per_Share(Symbol, Year, [Quarter], [TTM])Examples
=hf_Tangible_Asset_Book_Value_per_Share("BAC", 2023, 4)=hf_Tangible_Asset_Book_Value_per_Share("JPM", "ly")When to Use
- Bank valuation
- Asset-based analysis
When NOT to Use
| Scenario | Use Instead |
|---|---|
| Total book value | hf_Book_Value_per_Share() |
Common Issues & FAQ
Why use tangible book value?
More conservative measure excluding intangibles that may have uncertain value.
