There are a variety of ways to value an asset and record it, but the most common is taking the purchase price of the asset and subtracting its depreciation cost. This is known as the book value ...
Price is the company's stock price and book refers to the company's book value per share. A company's book value is equal to its assets minus its liabilities (asset and liability numbers are found ...
HSBC Holdings (NYSE: HSBC), based in London and active globally, doing business since 1865, is now available for purchase at 72% of its book value. Earnings are up this year by 19% and ...