In our recent article on the flaws in return on equity, we showed how it has no correlation with several different measures of valuation. However, there is one valuation metric, price-to-book (“P/B”), ...

Accounting book value suffers from a few major flaws when it comes to measuring valuation. Mergers and acquisitions represent some of the most common sources of artificial book value. Write-downs or ...

As Accounting Coach reports, book value can have two definitions in accounting. The first defines the liquidation value of a firm as in bankruptcy liquidation. Book value can also refer to the ...

J.B. Maverick is an active trader, commodity futures broker, and stock market analyst 17+ years of experience, in addition to 10+ years of experience as a finance writer and book editor. Dr. JeFreda R ...

This paper investigates the explanatory power of various measures that indicate the value of a firm's oil and gas properties. The empirical method relies on cross-sectional valuation models applied ...

Sikochi, Siko, Suraj Srinivasan, and Quinn Pitcher. "Fair Value Accounting at Noble Group (B)." Harvard Business School Supplement 118-062, January 2018. (Revised August 2018.) ...

Planning is one of the pillars that anchor the successful implementation the future business strategies. Some planning activities are achieved through capital budgeting -- that is, appraisal of viable ...

Here's why book value is an important metric to Berkshire Hathaway. In his 2000 letter to shareholders, Buffett began including a table comparing Berkshire's book value growth to the returns of the ...

- Non-GAAP earnings per share (net spread and dollar roll income) were $0.38, missing the $0.41 estimate and down from $0.53 a year ago. - Tangible net book value per share dropped by 7.0% to $7.81, ...

The price-to-book ratio is one valuation tool that is helpful for spotting undervalued stocks. The market correction has brought these leading brands down to dirt-cheap valuations. These stocks are ...