Plugging these numbers into the formula we get 075x. It can be defined as the net asset value of the firm or of the company that can be calculated as total assets less intangible assets that is goodwill patents etc and liabilities. Because most of their assets are tradable financial assets these book values are a fairly reasonable estimate of their market value.
During the past 5 years the average Book Value Per Share Growth Rate was 460 per year.
A book balance is the account balance in a companys accounting recordsThe term is most commonly applied to the balance in a firms checking account at the end of an accounting periodAn organization uses the bank reconciliation procedure to compare its book balance to the ending cash balance in the bank statement provided to it by the companys bank. Heres the Price to Book Value Formula Example of Price to Book Value Formula. Because most of their assets are tradable financial assets these book values are a fairly reasonable estimate of their market value. We exclude preferred shares in the calculation of Book Value.