Question: How is Book Value per Share calculated for a corporation? How can a company with only $4.25 per share of net tangible assets have a book value of $12.30 ???

Answer: The remaining book value can be from intangible assets like goodwill, trademarks, copyrights, organization costs, non-compete agreements & others. Many of which could be worth considerably less than the carring value on the books. Intangible assets are amortized over their useful lives ranging usually from 5 to 15 years.\n\nHope this helps.
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