For this question I am not sure, this measure does not provide meaningful information, is it? How can I explain?
Many companies report book value per share which is total equity divided by average shares outstanding. How important is this measure? Does it provide meaningful information? Explain.© BrainMass Inc. brainmass.com June 3, 2020, 9:20 pm ad1c9bdddf
Book value per share is important for the following reasons:
1)When the company reaches bankruptcy or liquidation ...
The importance of book values per share are determined. The measurements for provided meaningful information are examined.