noun the value of a company's stock according to its balance sheet account balance
In real estate, book value can refer to the value of a property based on its original purchase price, adjusted for depreciation and other factors.
In finance, book value refers to the value of an asset according to its balance sheet, which is calculated as the asset's original cost minus accumulated depreciation.
In insurance, book value may be used to determine the value of an insured asset in the event of a claim, providing a basis for reimbursement.
In accounting, book value is used to determine the value of a company's assets on its balance sheet, providing a snapshot of the company's financial health.
In investing, book value is often used as a metric to assess the intrinsic value of a company's stock, comparing it to the market value to determine if the stock is undervalued or overvalued.
Book value is often considered in business valuation to assess the worth of a company based on its assets and liabilities recorded in the financial statements.
In the publishing industry, book value is used to determine the worth of a company's assets in relation to its liabilities. Writers may also use book value to assess the financial health of publishing houses or to negotiate contracts.
Psychologists may use book value in the context of financial therapy, helping clients understand the value of their assets and liabilities. They may also use book value in research related to economic decision-making and financial behaviors.