Lesson 4: P/B — Valuing the Balance Sheet. Built for asset-heavy businesses. Useless for asset-light ones. The trick is knowing which is which.
Whose worth is on paper?
One of these three keeps its value on the books.
Assessment
For which business would the value of what it owns — its assets on paper — tell you the most about what it's worth?
Which one keeps its worth on paper? 🤔