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Adjusted Net Asset Value
(redirected from Adjusted Book 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 $429 at September 30, 2010, an increase of 6% for the quarter and 3% for the first nine months of 2010, including dividends.
Adjusted book value (ABV), which adjusts the Company's equity to add the impact of deferred income from business previously generated, net of expenses and taxes, increased 1% over the same period to US$2.
Adjusted book value is a calculation of a company's liquidation value and takes into account the present value of future premiums.
 
 
 
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