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”), ...

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 ...

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 ...

The accounting value or "book value" of your company's assets – or even the company itself – probably differs from the market value, and the difference may be significant. The distinction between the ...

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 ...

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.) ...

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 ...

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 ...