Tangible book value / share

$$\frac{\text{Equity}-\text{Goodwill}-\text{Intangibles}}{\text{Diluted shares outstanding}}$$

Book value per share excluding goodwill and intangibles. Tougher floor than BVPS — strips out balance-sheet items that have no liquidation value.

Direction: Higher better Category: per-share

Inputs (XBRL fallback chains):

• equity: StockholdersEquity -> StockholdersEquityIncludingPortionAttributableToNoncontrollingInterest
• goodwill: Goodwill
• intangible_assets: IntangibleAssetsNetExcludingGoodwill -> FiniteLivedIntangibleAssetsNet
• shares_outstanding: EntityCommonStockSharesOutstanding -> CommonStockSharesOutstanding
• weighted_avg_shares_basic: WeightedAverageNumberOfSharesOutstandingBasic
• weighted_avg_shares_diluted: WeightedAverageNumberOfDilutedSharesOutstanding

Returns None when: Returns None when Equity or per-share denominator is missing. Goodwill/intangibles default to 0 if absent.

Source code

Implementation: tangible_bvps in src/eqtytrk/metrics/ratios.py (or valuation.py for multiples).