GURUFOCUS.COM » STOCK LIST » Financial Services » Insurance » Wiz Co Participacoes e Corretagem de Seguros SA (BSP:WIZC3) » Definitions » Tangible Book per Share

Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Tangible Book per Share : R$-7.20 (As of Mar. 2024)


View and export this data going back to 2015. Start your Free Trial

What is Wiz Co Participacoes e Corretagem de Seguros 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. Wiz Co Participacoes e Corretagem de Seguros's tangible book value per share for the quarter that ended in Mar. 2024 was R$-7.20.

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.


Wiz Co Participacoes e Corretagem de Seguros Tangible Book per Share Historical Data

The historical data trend for Wiz Co Participacoes e Corretagem de Seguros'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.

Wiz Co Participacoes e Corretagem de Seguros Tangible Book per Share Chart

Wiz Co Participacoes e Corretagem de Seguros Annual Data
Trend Dec14 Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Tangible Book per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only -0.60 -0.56 -8.56 -8.93 -7.59

Wiz Co Participacoes e Corretagem de Seguros Quarterly Data
Jun19 Sep19 Dec19 Mar20 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
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 Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only -7.48 -7.20 -6.78 -7.59 -7.20

Competitive Comparison of Wiz Co Participacoes e Corretagem de Seguros's Tangible Book per Share

For the Insurance Brokers subindustry, Wiz Co Participacoes e Corretagem de Seguros'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.


Wiz Co Participacoes e Corretagem de Seguros's Price-to-Tangible-Book Distribution in the Insurance Industry

For the Insurance industry and Financial Services sector, Wiz Co Participacoes e Corretagem de Seguros's Price-to-Tangible-Book distribution charts can be found below:

* The bar in red indicates where Wiz Co Participacoes e Corretagem de Seguros's Price-to-Tangible-Book falls into.



Wiz Co Participacoes e Corretagem de Seguros Tangible Book per Share Calculation

Wiz Co Participacoes e Corretagem de Seguros's Tangible Book Value Per Share for the fiscal year that ended in Dec. 2023 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(481.642-0-1695.975)/159.907
=-7.59

Wiz Co Participacoes e Corretagem de Seguros's Tangible Book Value Per Share for the quarter that ended in Mar. 2024 is calculated as

Tangible Book Value per Share=(Total Stockholders Equity-Preferred Stock-Intangible Assets)/Shares Outstanding (EOP)
=(519.136-0-1671.147)/159.907
=-7.20

* 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.


Wiz Co Participacoes e Corretagem de Seguros  (BSP:WIZC3) 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.


Wiz Co Participacoes e Corretagem de Seguros Tangible Book per Share Related Terms

Thank you for viewing the detailed overview of Wiz Co Participacoes e Corretagem de Seguros's Tangible Book per Share provided by GuruFocus.com. Please click on the following links to see related term pages.


Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Business Description

Traded in Other Exchanges
N/A
Address
Setor Comercial Norte, Quadra 02, Liberty Mall, Tower B, 13th Floor, Room 1301, Brasilia, DF, BRA, 70712-904
Wiz Co Participacoes e Corretagem de Seguros SA is Brazilian insurance brokerage company. It is engaged in developing and implementing business optimization solutions, combining financial and insurance services to meet customer's needs. The company acts as a broker between insurer and bank and it is involved in the sale of individual and corporate insurance products, pension plans, capitalization plans, and consortiums, in the distribution channels. Its insurance products includes life insurance policies, mortgage insurance, credit insurance, auto insurance, residential property insurance, Business Multi-Risk Insurance and other products.

Wiz Co Participacoes e Corretagem de Seguros (BSP:WIZC3) Headlines

No Headlines