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Gaby Lapera: Jordan, do you want to go ahead and start talking about book value per share? Jordan Wathen: Sure. So, when you think about book value, book value is essentially shareholdersamp;#39; equity. And you get to shareholdersamp;#39; equity by looking at the balance sheet. You look at assets and you subtract the liabilities from the assets to get to shareholdersamp;#39; equity. And then, from there, of course, you divide shareholdersamp;#39; equity by the number of shares to get your book value per share. And this is a really valuable thing to understand. Essentially, what shareholders own of a company, once all the liabilities, the bondholders, the people who have given you inventories, for example, on credit, once theyamp;#39;re paid off, what do shareholders have left over for them? And so, understanding that value on a per-share basis can really help you understand the value that underlies an individual share you might own. So, if you own 100 shares, and you can know wha
