That would have been the market value per share.

So I said if the value the market is placing on a share is 12.00 per share, that's a 6 billion market cap.

We literally gained market share.

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

But anyway, so the market is giving a 12.00 per share value, what does that mean?

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

But if the market is saying that this is a 3.00 stock, 3.00 per share, then that says your market value is 1.5 billion.

So this is 3.02 per share book value per share.

We have a 20 share of the market.

This is market share of Apache Web server

The market value could be very different.

The market value equity of 1.5 billion.

That's what the market is essentially saying if they're paying 12.00 a share for something that essentially has a book value of 6.00 per share.

And 3.00 per share times half a billion shares, that's a 1.5 billion dollar market value of its equity.

So what is the value per share?

So what is the value per share?

Corporations are dedicated to maximizing profit and market share.

You're taking market share from incumbents from day one.

So it really depends on the market value.

Ben has actually done a good job of saying the market value of his inventory, the market value of his equipment.

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

This is the book value for a share.

This is a great opportunity to increase our market share.

The company's immediate priority is to expand the market share.

What was the market size? What share could you take?

But this is the market value of the assets.

It's market value. Just like in a sushi shop.

And this is the market value of the equity, what the market thinks the equity's worth.

The market value tends to be the best representation of the true value of something.

Ethiopia's domestic market is about one billion dollars of value.

So I'll pay 2 per share, which is a little bit of premium over the market value at the time, which was 1.

So the market cap, or what the market perceives the value of this equity is, the market capitalization, is these two numbers.

But the market value or assets is essentially, what is the market saying the assets are worth?

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

And then, that gets you to the market value the equity.

But when the market value, or the market cap, is below the book equity, that's the market just saying, hey we're calling your bluff.

The book value is 6.00, but the market saying no, no, no, we are willing to pay 12.00 per share for one of those shares.

So the market value of this avocado is 1 and the market value of this orange is 0.5, then by producing this fruit the market value, the GDP has increased by 0.50 by producing this avocado it's GDP has increased by 1.

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

They just look purely at the equity value or the market capitalization.

Which implicitly means that the market value of this asset is 210,000.

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

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

So that 1.5 billion value of these CDOs, the market value of these CDOs, is not truly accurate.

And the truth is, for years I was a little depressed, because Americans obviously did not value it, because the Mac had three percent market share,