Tangible Book Value Calculator
This calculator estimates a company's tangible book value (TBV) and related per-share and market ratios from basic balance-sheet inputs. TBV strips goodwill and other identified intangible assets from equity to provide a conservative measure of net tangible worth.
Use the tool to compare asset-backed valuation across peers, to sanity-check market multiples, or as an input to deeper asset-based valuation models. Results depend on the accuracy and accounting treatment of inputs provided; read the methodology and FAQs for important limitations and handling guidance.
Governance
Record 811285ce1567 • Reviewed by Fidamen Standards Committee
Inputs
Results
Tangible Book Value (total)
$0.00
Tangible Book Value per Share (TBVPS)
$0.00
Price to Tangible Book Value (P/TBV)
—
Tangible Equity as % of Total Assets
0.00%
| Output | Value | Unit |
|---|---|---|
| Tangible Book Value (total) | $0.00 | USD |
| Tangible Book Value per Share (TBVPS) | $0.00 | USD |
| Price to Tangible Book Value (P/TBV) | — | — |
| Tangible Equity as % of Total Assets | 0.00% | — |
Visualization
Methodology
Tangible book value (total) is computed as shareholders' equity minus goodwill, other identifiable intangible assets, preferred equity, and noncontrolling interests. This follows standard asset-based reconciliation practices used in financial analysis and valuation.
Per-share TBV divides the adjusted tangible equity by diluted shares outstanding when available. Price-to-TBV divides the observed market price by TBV per share to give a market multiple.
This tool is a calculation aid only. For regulatory reporting, financial statement preparation, audit, or legal purposes, follow applicable accounting standards (FASB ASC, IFRS) and consult qualified professionals.
Data handling and tool design adhere to best-practice guidance for accuracy, validation, and secure processing. Relevant standards include NIST cybersecurity guidance for data protection, ISO quality and information management standards for process reliability, and IEEE recommendations for numerical precision and software engineering controls.
F.A.Q.
Which inputs are required and what if I don't have diluted shares?
Required numeric inputs are total shareholders' equity and shares outstanding. If diluted shares are not available, use basic shares outstanding but note this can overstate TBV per share. Where possible use diluted shares to reflect convertible securities.
How are intangible assets treated?
The calculator subtracts goodwill and other identified intangible assets as entered. Do not include amortizable or separately recognized intangible assets unless they are reported on the balance sheet as intangible assets. Follow your accounting policy (GAAP or IFRS) when identifying intangibles.
Can TBV be negative and what does that mean?
Yes. A negative TBV indicates liabilities and intangible deductions exceed shareholders' equity, which can signal insolvency risk or heavy intangible capitalization. Interpret negative values carefully and consult financial statements for underlying causes.
How accurate are the results and what are their limits?
Results are as accurate as the inputs and the accounting treatment behind them. This calculator applies straightforward arithmetic and is not a substitute for audited statements or professional valuation. Rounding, timing differences, off-balance-sheet items, and accounting estimates (impairments, reserves) can materially change outcomes.
What security and quality standards support this tool?
Design, data handling, and validation recommendations align with NIST cybersecurity guidance, ISO quality and information management principles, and IEEE numerical-precision practices. These references are for best-practice alignment; implementation must follow your organization's compliance and governance policies.
Sources & citations
- National Institute of Standards and Technology (NIST) — https://www.nist.gov
- International Organization for Standardization (ISO) — https://www.iso.org
- Institute of Electrical and Electronics Engineers (IEEE) — https://www.ieee.org
- Occupational Safety and Health Administration (OSHA) — https://www.osha.gov
- Financial Accounting Standards Board (FASB) — https://www.fasb.org
- International Financial Reporting Standards (IFRS Foundation) — https://www.ifrs.org
- U.S. Securities and Exchange Commission (SEC) — https://www.sec.gov
- CFA Institute — Equity Valuation Standards — https://rpc.cfainstitute.org/
- AICPA — Valuation Services — https://www.aicpa-cima.com/
Further resources
Versioning & Change Control
Audit record (versions, QA runs, reviewer sign-off, and evidence).
Record ID: 811285ce1567What changed (latest)
v1.0.0 • 2025-11-29 • MINOR
Initial publication and governance baseline.
Why: Published with reviewed formulas, unit definitions, and UX controls.
Public QA status
PASS — golden 25 + edge 120
Last run: 2026-01-23 • Run: golden-edge-2026-01-23
Versioning & Change Control
Audit record (versions, QA runs, reviewer sign-off, and evidence).
What changed (latest)
v1.0.0 • 2025-11-29 • MINOR
Initial publication and governance baseline.
Why: Published with reviewed formulas, unit definitions, and UX controls.
Public QA status
PASS — golden 25 + edge 120
Last run: 2026-01-23 • Run: golden-edge-2026-01-23
Engine
v1.0.0
Data
Baseline (no external datasets)
Content
v1.0.0
UI
v1.0.0
Governance
Last updated: Nov 29, 2025
Reviewed by: Fidamen Standards Committee (Review board)
Credentials: Internal QA
Risk level: low
Reviewer profile (entity)
Fidamen Standards Committee
Review board
Internal QA
Entity ID: https://fidamen.com/reviewers/fidamen-standards-committee#person
Semantic versioning
- MAJOR: Calculation outputs can change for the same inputs (formula, rounding policy, assumptions).
- MINOR: New features or fields that do not change existing outputs for the same inputs.
- PATCH: Bug fixes, copy edits, or accessibility changes that do not change intended outputs except for previously incorrect cases.
Review protocol
- Verify formulas and unit definitions against primary standards or datasets.
- Run golden-case regression suite and edge-case suite.
- Record reviewer sign-off with credentials and scope.
- Document assumptions, limitations, and jurisdiction applicability.
Assumptions & limitations
- Uses exact unit definitions from the Fidamen conversion library.
- Internal calculations use double precision; display rounding follows the unit's configured decimal places.
- Not a substitute for calibrated instruments in regulated contexts.
- Jurisdiction-specific rules may require official guidance.
Change log
v1.0.0 • 2025-11-29 • MINOR
Initial publication and governance baseline.
Why: Published with reviewed formulas, unit definitions, and UX controls.
Areas: engine, content, ui • Reviewer: Fidamen Standards Committee • Entry ID: 890a6145e9aa
