RE: RE: RE: RE: RE: Jason Donville Actually, there is really nothing more to book value than that.
Net realizable value of hard assets + Net realizable value of working capital = Tangible book value.
There is absolutely zero chance that BV per share for PSN is $2.50. Tangible BV per share at September 30th is roughly $1.33, before considering the impact of any writedowns to A/R.
So, right back at ya champ -- Get educated.