ACCOUNTING TERMS - ACCOUNTING DICTIONARY - ACCOUNTING GLOSSARY
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MARKET TO BOOK VALUE Definition
MARKET TO BOOK VALUE is calculated by dividing the market value (MV) of a company, i.e., the total value of all its outstanding shares, by the value of its tangible assets (TA). Also known as TOBIN RATIO = MV/TA.
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G as the fifth letter of a Nasdaq stock symbol indicates that the issue is the first convertible bond of the company.
B as the fifth letter of a Nasdaq stock descriptor specifies that the stock issue is Class B shares of the company.