Tangible Book Value Explained - What is Tangible Book Value & How to Use it in Valuing Stocks

Tangible Book Value Explained - What is Tangible Book Value & How to Use it in Valuing Stocks? A practical and simple discussion for retail traders of Tangible Book Value, explaining the difference between Book Value and Tangible Book Value, and most importantly for retail traders, when is Tangible Book Value useful, and when is it NOT useful when looking at share price or market cap valuations of a company or a company relative to another.
Tangible Book Value is the net value of a firm's assets found on its balance sheet, excluding intangible assets, and it is roughly equal to the total amount all shareholders would get if the company was liquidated in a bankruptcy. #TonyDenaro #TangibleBookValue #BookValue

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DISCLAIMER: Content, strategies and opinions on this channel are for entertainment purposes only. These are Tony's opinions, not specific investment or legal advice for you. Always do your own due diligence, read company filings and financial statements and seek a duly licensed professional for investment, tax or legal advice. Past performance is not a predictor of future results. This is not personalized but rather general educational and informational material.