RE:RE:Some sober thoughtsI like your enthusiasm NYX, but there's a simple formula for book value and tangible book value. Although I agree there is value to this company, you can't do your own calculations or go with your feelings for something like tangible book value.
For JTR, as of Sept 2019:
Book Value = Total assets - total liabilities (excluding shareholder equity)
JTR book value = $59.327 - 31.458 = $27.869 (in millions)
With approx 76.0444 million shares, book value per share = 27.869/76.0444 = $0.37 cents per share
Note: 37 cents per share is what you cited earlier.
Tangible assets = Total assets - goodwill - other intangible assets
JTR tangible assets: $59.327 - 20.145 - 19.817 = $19.365 (in millions)
Therefore tangible book value = $19.365 - 31.458 = (12.093) (in millions)
JTR tangible book value is approximately negative $12,093,000.00