LANDAMERICA (fka LFGRQ)

[detearing]

"Total Shareholder Equity: 15,471,000 / $746,242,000 = $48.23489109 PPS"

Your seemingly CONFUSING/MISLEADING quote: "If I am not mistaken, when they say total share holder equity, it does NOT mean the value of the price per share currently. It should mean how much Land America sold to investors during the course of the Business of a public corp."

Marayatoano, could you please provide your reference to the definition of Shareholders' equity? The following is what we could find on the internet and is consistent with our posts...

Shareholders' equity (or stockholders' equity, shareholders' funds, shareholders' capital employed) is this interest in remaining assets, spread among individual shareholders of common or preferred stock. (LFG has NO preferred stock!!)

http://en.wikipedia.org/wiki/Ownership_equity

What Does Shareholders' Equity Mean?
A firm's total assets minus its total liabilities. Equivalently, it is share capital plus retained earnings minus treasury shares. Shareholders' equity represents the amount by which a company is financed through common and preferred shares.

http://www.investopedia.com/terms/s/shareholdersequity.asp

Please let us, wikipedia and investopedia know if we are all wrong and you are right!!!