Adjusted Net Asset Value

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Adjusted Net Asset Value

An expression of the underlying value of the company. It is calculated by taking the market value of assets and subtracting the value of all its liabilities, including those not reflected on a balance sheet. Critics maintain that the adjusted net asset value understates a company's real value because it does not properly account for intangible assets. It is also called the adjusted book value.
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NYSE: WTM) reported an adjusted book value per share of $655 at September 30, 2015, down 2.
All this translates into a adjusted book value of $642 a share.
Under the agreement, First Farmers will pay First Citizens' shareholders cash equal to 101 percent of adjusted book value at the effective date of the transaction, valued at USD78.
As of year-end December 31, 2009, total assets at adjusted book value were approximately $1.
Adjusted book value is a calculation of a company's liquidation value and takes into account the present value of future premiums.
1 million - No impact on cumulative operating income - No impact on operating shareholders' equity or adjusted book value as of June 30, 2011
As of fiscal year-end March 31, 2010, the Company's construction equipment held adjusted book value of $3.
Adjusted book value per share, which excludes after-tax net unrealized investment gains, is projected at June 30, 2011, to be generally consistent with adjusted book value per share at December 31, 2010.
NYSE: WTM) reported an adjusted book value per share of $664 at March 31, 2015, break-even for the quarter, including dividends.
Adjusted book value is defined as stockholders' equity, less accumulated other comprehensive income (loss), or AOCI.
This earnings release references adjusted book value ("Adjusted Book Value"), a financial measure that is not calculated in accordance with GAAP.