Abstract:

In countries with market economies, there is a saying: "Economists know the prices of all assets in the world, but do not know the value of any of them." In a sense, the proverb is true - the value of an asset is the price at which an asset purchase transaction is made on the market. However, the question of why the value of an asset may be below its market price economists usually redirect to philosophers. If the cost is a synonym for the market price of the sale, the best indicator of the company's value will be the aggregate price at which its own capital and debts are sold on the financial market. But in many cases the use of market prices is unacceptable, it is necessary to have a more accurate and reliable assessment of the market value of assets and the company as a whole.