Adjusted book value per share

RELATED WIKI ARTICLES
 
TOP CONTRIBUTORS

Adjusted book value per share is a non-GAAP measure which expands the GAAP definition of book value per share. [1] It is an metric for the insurance industry which tends to be very similar to the fully diluted tangible book value per share. [2] The adjustment made is not uniform but is reported along with the number. [3] When reporting its 2nd quarter 2008 data, White Mountain Insurance Group (WTM) used adjusted book value per share because it includes future commissions from business which it acquired from Answer Financial. [4]

Wikinvest © 2006, 2007, 2008, 2009, 2010, 2011, 2012. Use of this site is subject to express Terms of Service, Privacy Policy, and Disclaimer. By continuing past this page, you agree to abide by these terms. Any information provided by Wikinvest, including but not limited to company data, competitors, business analysis, market share, sales revenues and other operating metrics, earnings call analysis, conference call transcripts, industry information, or price targets should not be construed as research, trading tips or recommendations, or investment advice and is provided with no warrants as to its accuracy. Stock market data, including US and International equity symbols, stock quotes, share prices, earnings ratios, and other fundamental data is provided by data partners. Stock market quotes delayed at least 15 minutes for NASDAQ, 20 mins for NYSE and AMEX. Market data by Xignite. See data providers for more details. Company names, products, services and branding cited herein may be trademarks or registered trademarks of their respective owners. The use of trademarks or service marks of another is not a representation that the other is affiliated with, sponsors, is sponsored by, endorses, or is endorsed by Wikinvest.
Powered by MediaWiki