How to pronounce “book value” in English

The book value was only one times earnings.

to book value, price to earnings ratio at a high dividend yield."

It as a book value of $4 billion.

value less than tangible book value.

And tangible book value is once you satisfy all the liabilities-- like the debt-- what's

to its book value and it’s hard assets.

earnings ratios a price to book value ratios, and have the series of quantitative metrics that would tell you something is cheap,

So you can see on the book value basis, the high growth value portfolio is slightly more expensive.

with some positive characteristics, book value growth, earnings growth.

But growth through repurchasing your shares at half a book value, that increases the book value of the remaining shares, it

in Berkshire, understand that book value doesn't capture all that we've got that's good.

Correspondingly opposite characteristics-- a high ratio of price to book value, a high price/earnings ratio, and a low dividend yield--

They buy back stock whenever it's 110% of book value, shareholder equity, or less.

And on a price to book value basis, banks used to sell at two times tangible equity,

And thought, we're buying at less than book value, absolute worst case, if overregulation makes these companies not want to be in these businesses,

But we owned most of the major banks with an entry price significantly under book value.

The share price was $27, book value was $135.

20 years ago you could just buy low P/E, low price to book value stocks.

And we looked at it and said, the average bank's at about half of book value, the average electric utility is at about

So even though a large holding for us like Citi would see several dollars a share of book value

I think, for both companies, 1.5 or 1.6 times book value would make sense.

And when I got involved in this company in 2007, it had had a record of compounding book value per share a little bit north of 20%.

If the business does, in fact, compound the free cash flow, or book value, or whatever is appropriate for that company, in the mid-teens

of different metrics, but they're looking, particularly in this case, for undervaluation and overvaluation measured by price to book value.

So the glamour portfolio has the highest rate of growth, and you can see an earnings, cash flow, book value, operating earnings, all of those are growing higher

But you can use it for screening, and then you have to do your own research to decide, well, the book value may be high, but that's not actually