book value of a company definition
The amount of owner's equity or stockholders' equity reported on a company's balance sheet. This is not an indication of the company's fair market value.
The amount of owner's equity or stockholders' equity reported on a company's balance sheet. This is not an indication of the company's fair market value.
Harold Averkamp (CPA, MBA) has worked as a university accounting instructor, accountant, and consultant for more than 25 years. He is the sole author of all the materials on AccountingCoach.com. Read more about the author.