This is the book value.

Remember, there's a difference between book value and market value.

The book is of great value.

This book has a certain value.

In this case, the company's trading at a discount to its book value.

Whenever you hear things like book value, and I've done a couple of videos on book value versus market value, but the book value is essentially what you have on your accounting books.

And now notice something here, the book value of this residential mortgage backed security, at least what this bank management says the book value is, is 4 billion.

The value of this book has been halved.

This is the book value for a share.

So let's actually recalculate our new book value.

And book equity per share, or the book value per share of 6.00.

So we lost 1 billion of our book value.

What is the new book value of the shares?

This book is of great value to students of science.

So this is 3.02 per share book value per share.

Because the book value of its equity is 5 million.

So let's see, the book value per share is what?

Whatever function value I get at the positive value of number,

So I'm willing to pay a premium to their book value.

Because we know that the book value per share is 5.

I'm going to get the same function value at the negative value.

That's the situation where the market price is above the book value.

And that tells you that the book value per share is 4.

So the book value of the new shares is 20 per share.

In our case, the book value of the equity was 5 million.

But in this case our market cap is below our book value.

I'm going to value your business at

It stays at zero until some value.

Let's say that the market value we talked before that the book value per share of this company is 5.

Read this book at your leisure.

Please keep this book at hand.

I bought this book at Kakuzen's.

This book isn't interesting at all.

I keep the book at hand.

Equity is what's left over. So let's say this is all book value.

So that's why the book value of the equity is now 2 billion.

It's going to be the book value, 2 billion, divided by 500 million.

look at the monetary value of this thing.

That is at the vertical access value 0.5.

So let's take a look at value proposition.

But it's actually not hard to find a lot of companies that are trading at far more than two times the book value.

In the last several videos we talked about the difference between the book value and the market value of a company's equity.

Look at the book on the desk.

Look at the book on the desk.

She bought a book at the shop.