Sentences with phrase «than book value»

This being the case, I don't see how, once the award is confirmed, the value of the business is worth less than book value less a 10 % discount.
If an acquiring company pays more than book value for an acquired company, the difference is called goodwill.
Due to accounting conventions on treatment of certain costs, the market value of equity is typically higher than the book value of a company, producing a P / B ratio above 1.
I then purchased stocks and have since been holding the stock due to its market value being much lower than my book value.
Share price is less than book value per share.
In other words, the market value of a share of stock is 25 percent greater than its book value.
Clearly, market values are more volatile than book values, suggesting one can take advantage of the situation by buying when market values are low and selling when they're high.
If the company is planning acquisitions then it will need the cash, as using shares for acquisition with the shares trading for less than book value makes little sense.
It wasn't often a vehicle would sell for less than the book value unless it was damaged.
Similarly when $ $ are spent on share buy - backs at any price higher than book value.
I would say that a large stable company growing their book at greater than 11 % / year is worth significantly more than their book value.
When the stable value fund has a higher market value than book value, typically it pays an above market yield.
Price - to - book is the most important ratio to consider; companies that trade at less than book value are a better deal than those that trade higher.
Based on government valuations, companies deciding to renew their concessions under MP 579, such as Eletrobras, would be forced to receive indemnity payments as much as 50 % less than the book value of their assets.
``... if the company were actually liquidated the value of the assets would most probably be much less than their book value as shown on the balance sheet.
For purely financial companies like banks or mREITs, there is no better metric than book value.
So in 1982 or» 83, when the long government bond got to 15 %, a company that was earning 15 % on equity was worth no more than book value under those circumstances because you could buy a 30 - year strip of bonds and guarantee yourself for 15 % a year.
Tangible book value is of interest to me because I assume it more closely describes the likely value of a company in liquidation than book value does.
A disciple of Graham and his value investing technique, Schloss looked for stocks that were hitting new lows and those trading at a price lower than their book value per share.
If the market value of a company is trading higher than its book value per share, it is considered to be overvalued.
Investors are best served using a Benjamin Graham value approach, looking for stocks that are hitting new lows and those trading at a price lower than their book value per share.
The third is that replacement value is a better proxy for intrinsic value than book value.
E.g if a company issued additional shares (at a price greater than book value) just prior to the last quarter's end, none of the premium's benefit would be showing in earnings.
It's a safe bet to assume an insurer with a combined ratio under 100 in almost all years is worth more than book value.
We paid less than book value for our stake and believe BNP's strong balance sheet and high underlying profitability should help mitigate downside risk.
Companies ripe for takeovers often have some of the following traits: • a small capitalization; • a market price less than book value; • a «weak» management team; • ownership of undervalued assets or important patents.
The shares sold for a reduced price than the book value and the shareholder has reason to believe shares...
The sale price was higher than the book value, the company said.
Most value stocks have low price - to - earnings (P / E) ratios, high dividend yields, low price - to - cash - flow ratios, and stocks with a market value (generally, the stock price) that is lower than the book value (how much the company's net assets are worth).
The average Russian company is selling for just 7.5 times earnings and 20 % less than its book value.
(US stocks sell for 25 times earnings and 200 % MORE than book value, meaning they are historically overvalued and very expensive compared to Russia.)
Because AIG sells for less than book value, each share it repurchases increases the book value of the remaining shares.
Despite a more diversified business mix, the stock now trades at less than seven times earnings and at less than book value.
In theory, the reason the companyis worth more than its book value is the «goodwill» the company has acquired through the years it has been in business.
I bought a basket of them for less than book value, excluding the value of taxes that could be sheltered in a reverse merger.
The company cut shares outstanding from 514 million shares in 2009 to 469 million shares, acquiring its shares at a discount when opportunities emerged to purchase shares at less than book value.
And, you can buy it for less than book value.
The last four are led by Berkshire Hills (BHLB), which is a savings and loan based in Pittsfield, Mass., that pays a dividend yield of 3.2 % and trades for less than book value.
Even if this doesn't happen, a company trading at less than book value can be broken up for its asset value, earning shareholders a profit.
If a company is trading for less than its book value (or has a P / B less than one), it normally tells investors one of two things: Either the market believes the asset value is overstated, or the company is earning a very poor (even negative) return on its assets.
If a company's shares trade for significantly higher than their book value, they may be overpriced.
In the late 80s, we notice market values are lower than book values, correctly predicting that book values are about to fall (which it appears they do for this company throughout the late 80s).
Hoard it and keep it in treasury with no intention of deploying it anywhere, in which case, again value is being destroyed and the cash on the balance sheet is worth less than its book value.
Shares only trade marginally higher than book value, which checked in at just over $ 19 per share at the end of the year.
If the department store is to be liquidated, merchandise inventories are indeed a current asset, convertible to cash within 12 months at prices that conceivably could be close to book value, although much less than book value may be realized if the merchandise is disposed of in a GOB (Going Out of Business) sale.
E.g. when you consider the assets to be worth 25 percent more than book value, and debt - to - equity is 1:1, then the market value of equity would be 50 percent higher than book value.
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