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Dictionary by pitch.dog
Assets, liabilities & equity · Working

Tangible book value

Also called: TBV

ELI5

Book value excluding specified intangible assets and goodwill.

Used in conversation

“The headline changes once we calculate tangible book value consistently.”

Pitch context

You will see “Tangible book value” in financial models, budgets, board packs and investor materials when the discussion reaches assets, liabilities & equity.

Why it matters: In assets, liabilities & equity, different calculation boundaries, periods or accounting treatments can change the number and the decision.

Caution

Calculation, recognition and disclosure can vary by accounting framework, company policy and reporting context.

When the words have to travel

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Sources & evidence · 4

Direct term-level sources and supporting source families.