cintrix, I understand the difference now. Though something is wrong with the formula that I showed in my earlier post for finding book value. Using this formula shows all companies extremely overvalued. I found the formula from Investopedia. What am I doing wrong? I know it's not my math. It has something to do with what's included in the asset and liabilities figure. Something should be excluded. I've found other sites that don't include certain figures like tangible assets or long term debt. But all sources include and exclude different numbers. I don't know which source is correctly calculating book value. Understand where I'm coming from?
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