For common stock, book value per share is generally within pennies of market value per share.

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Book value per share is a measure of the net asset value of a company divided by the number of outstanding shares, which often differs significantly from the market value per share. The market value is determined by the stock market through supply and demand and can be influenced by various factors including investor perceptions, future earnings potential, and market conditions, leading to potentially large discrepancies between book value and market value.

For Common Stock, Book Value Per Share Is Generally Within