Most investors are familiar with the P/E Ratio, but fewer are comfortable with a metric like Tangible Book Value.
In this segment of The Motley Fool's financials-focused show, Where the Money Is, financial-sector analysts Matt Koppenheffer and David Hanson explain what Tangible Book Value is, why it's meaningful, and how it differs at companies like Bank of America (NYSE:BAC) and Google (NASDAQ:GOOGL).
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