Enterprise glossary and term center

Research and understand all the intricate terms and definitions that surround the ecosystem of enterprise resource planning (ERP), enterprise software and no-code tools.

Book Value - Why is book value important?

Book value is considered important in terms of valuation because it represents a fair and accurate picture of a company's worth. ... because it can enable them to find bargain deals on stocks, especially if they suspect that a company is undervalued and/or is poised to grow, and the stock is going to rise in price.