MARKET TO BOOK VALUE Definition

Bookmark and Share

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.

Learn new Accounting Terms

KOBO is a currency of Nigeria.

RETURNS INWARDS are goods sold on credit to a customer and returned for some reason to be refunded for (Sales returns).

Suggest a Term

Enter Search Term

Enter a term, then click the entry you would like to view.