Money Tools

Tangible Book Value Calculator

Estimate tangible book value by removing goodwill and other intangible assets from total shareholder equity.

Updated April 14, 2026
Free online tool
Planning and research use

Why this page exists

Balance-sheet metrics can get harder to compare when goodwill and other intangibles make equity look larger than the tangible capital behind it. This calculator helps visitors estimate tangible book value by subtracting intangible assets from total shareholder equity.

Interactive tool

Run the estimate

Enter your numbers and read the result first, then use the sections below to understand what affects the outcome.

Calculator

Tangible book value calculator

Estimate tangible book value by subtracting goodwill and other intangible assets from total shareholder equity.

Result

$98,000,000

Estimated tangible book value after removing goodwill and other intangible assets from total shareholder equity.

Tangible book value$98,000,000

Total equity used$125,000,000

Total intangibles removed$27,000,000

Goodwill removed$18,000,000

$18,000,000 of goodwill plus $9,000,000 of other intangible assets removes $27,000,000 from the equity base entered.
Against $125,000,000 of total shareholder equity, that leaves a tangible book value near $98,000,000.
Use this as a quick tangible-equity check only, because real filings may include other adjustments beyond goodwill and listed intangibles.

This is a simplified balance-sheet estimate, not investment advice. Companies can define tangible equity and intangible adjustments differently in practice.

Planning note

Last updated April 14, 2026. Use this tool to compare scenarios and plan ahead, then confirm important details with the lender, employer, insurer, contractor, or other qualified provider involved in the final decision.

How it works

What the calculator is doing

Enter total shareholder equity, goodwill, and other intangible assets.

The calculator adds the intangible amounts and subtracts them from total equity.

It shows tangible book value, total equity used, and the total intangibles removed.

Understanding your result

This is a simplified balance-sheet estimate. Real tangible-equity calculations can vary depending on what a company or analyst chooses to remove or keep.

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Examples

Ways people use this tool

Example scenarios help turn a quick estimate into a more useful comparison or planning step.

Strip goodwill out of a simple equity view

A tangible-book estimate can make the equity base easier to compare than looking at total shareholder equity alone.

See how much intangibles affect the balance sheet

Separating total equity from removed intangibles helps show how much of the balance sheet depends on non-tangible assets.

Use it with book value and leverage tools

Tangible book value often makes more sense when viewed beside book value per share, net debt, and leverage ratios.

FAQ

Common questions

How is tangible book value estimated here?

The calculator subtracts goodwill and other intangible assets from total shareholder equity to produce a simple tangible book value estimate.

Why remove intangible assets?

Some people want a stricter view of equity that focuses on assets that are easier to treat as tangible balance-sheet support.

Is this the same as book value per share?

No. Tangible book value is a total equity amount after intangible adjustments, while book value per share divides equity by shares outstanding.

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Keep comparing

Use these related tools to compare nearby scenarios, check a second estimate, or keep narrowing down the right decision.

Money ToolsUpdated April 12, 2026