net tangible assets per share

net tangible assets per share definition - business

net tangible assets per share

An assets measure calculated by dividing the difference of tangible assets minus liabilities and the par value of preferred stock by the number of common shares outstanding. Net tangible assets per share is frequently used by investors and raiders seeking undervalued stock.

The American Heritage® Dictionary of Business Terms Copyright © 2009 by Houghton Mifflin Harcourt Publishing Company. Published by Houghton Mifflin Harcourt Publishing Company. All rights reserved.

Comments
Improve this definition.
Do you have more to add? Share your linguistic knowledge or observation.
/Register to save your comments.