That would have been the market value per share.

This is the book value for a share.

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.

So that's fine.

This is the book value.

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

So if we believe these numbers, if we believe the books, the book value of the shares is about 3.02 per share.

Totals

So each of those shares is one 500 millionth of this equity.

Hi! Hello !

So this is interesting.

My wife keeps the household accounts.

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

So let's say if this was on our books.

And it's something interesting here.

He entered up the sum in his account book.

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

And now there's 2.5 billion shares to split this equity.

And this is very relevant to what's going on in the world today.

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

If you click it we remember it until the end of the month.

About 600,000 people have taken it in 33 other countries.

Data collection takes a fraction of the time.

That's something like eight percent of the total agricultural output globally.

They're able to do more with whatever assets we give them.

And let's say that there are 100 million shares.

it's a requirement, I don't have a choice in the matter

So, let's see, you're doing 8.4 million divided by 2.78 million shares.

And that's interesting.

We have 3 billion in loans.

So I asked the Minister over dinner,

And I won't go into detail on that now, but that's actually a fairly unusual circumstance, unless people are very suspicious about the accounting or the actual book value of the company.

We used to compile survey results using spreadsheet programs but recently we feel that database software's summing methods are quicker so we use databases to total them.

So what is happening here?

I found that Phillips name in your notarial ledger.

Then the number that pops out on the equity side, that is a book value of your equity.

Load reduced version of image

This watch is less expensive than that one.

Anyway, going back to Price to Earnings, we calculated the

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

And that's split amongst 500 million shares.

The collection of wristwatches is a hobby.

If this is the market value so let's say this is the stock price, or the market stock price I'd be skeptical of paying two times the book value.

A flight manifest?

Right here we're talking in microeconomic terms, but then if we think about aggregate supply and demand, so this is aggregate, so this is, let me write aggregate, aggregate right over here, this is price, this is real GDP, this is our aggregate demand, aggregate, aggregate demand.