Big banks brought to book

Probably the simplest valuation tool in the investor’s toolkit is the price-to-book ratio. You get it by dividing the total value of a company’s shares on the market (its market capitalisation) by the value of all the assets on its balance sheet, less liabilities (its “net asset value” or ‘book value’).There are two main justifications for using it to estimate value. The first is that the book value represents what’s been paid by the company for all its stuff, so it might at least be an indication of its value – after all the company could flog it all and...

Probably the simplest valuation tool in the investor’s toolkit is the price-to-book ratio. You get it by dividing the total value of a company’s shares on the market (its market capitalisation) by the value of all the assets on its balance sheet, less liabilities (its “net asset value” or ‘book value’).

{{content.question}}

Mastercard

{{ twilioFailed ? 'SMS Code Failed to Send…' : 'An SMS verification code has been sent ...' }}

Hi {{ user.FirstName }}

Looks like you have already taken a free trial

Please enter your payment details

We have sent you a code via SMS to {{user.DayPhone}}

please enter this code below to complete your SMS verification

We cannot send you a code via SMS to {{user.DayPhone}}

If you didn't receive SMS code please

SMS code cannot be sent due to: {{ twilioStatus }}

Please select one of the options below:

Looks you are already a member. Please enter your password to proceed

Please untick this box when using a public or shared device


Verify your mobile number to proceed...

Please check your mobile number below and press the Send Verification Code button. This will be used to complete your verification in the next step.

Please sign up for full access

Mastercard

Updating information

Please wait ...

Trial

Mastercard
{{ productPrice }} / day
( GST included )
Price $0
GST $0
Discount -{{productDiscount}}
TOTAL {{productPrice}}
  • Mastercard
  • Visa

Please click on the ACTIVATE button to finalise your membership

Mastercard

The email address you entered is registered with InvestSMART.

Please login or select "Don't know password"

Please untick this box when using a public or shared device


Register as a new member

(using a different email)

Related Articles