Q: What does “book value” mean and why is it useful to me as an investor? Book value is one of the easiest investment measures to calculate. Look at a company’s balance sheet and subtract the company’s total liabilities from its total assets. To calculate the book value per share, divide this figure by the […]
The banking giant slipped below tangible book value on concerns over the yield curve, 1MDB and the ongoing correction in the US stock market. 2018 has been a tough year for financials, which will be covered in another article shortly, but for now Goldman (NYSE: GS) trading below $186 brings the white shoe company below […]