Book Value Formula in Excel

Book Value is a powerful Excel formula provided by MarketXLS that allows you to quickly retrieve and analyze a company’s equity value as reported in its financial statements. This function can be invaluable for investors and analysts who want to evaluate a company’s financial health. In this guide, you’ll learn how to use, customize, and optimize the Book Value formula in Excel.

Understanding Book Value

• Purpose and Use Cases
  The Book Value formula helps users obtain the equity value of a specific company directly in Excel. It’s particularly useful for fundamental analysis, portfolio management, or comparing a company’s market capitalization with its book value.

• Key Benefits

  • Automates data retrieval for quick comparisons
  • Reduces manual entry and potential errors
  • Integrates seamlessly into Excel workflows

• When to Use
  Use the Book Value formula whenever you need to evaluate a company’s underlying equity quickly or track multiple stocks’ book values for portfolio analysis.

Syntax and Parameters

The basic syntax for this function is:

=BookValue(Symbol)

Parameter Table

Return Value

• Numeric Value: Returns the book value as reported in the company’s financial statements.
• "NA": Returns "NA" if the symbol is invalid, the license is not valid, or in case of network errors.

?? Note: If MarketXLS cannot verify your license or encounters connectivity issues, the formula may return "NA."

Examples and Usage

Below are some practical ways to use the Book Value formula in Excel:

1. Using Direct Text Input

   =BookValue("MSFT")

   Retrieves the book value for Microsoft (MSFT).

2. Referencing a Cell

   =BookValue(A1)

   Where cell A1 contains a valid ticker symbol like "MSFT" or "^SPX".

3. Indices, Options, or Cryptocurrencies

   • Indices:

     =BookValue("^SPX")

   • Options:

     =BookValue("@MSFT 110122C00020000")

   • Crypto:

     =BookValue("BTCUSD:DEFAULT")

? Pro Tip: If you need to pull multiple book values, consider organizing your ticker symbols in a column and applying the formula to each row to streamline your workflow.

Performance Considerations

• The Book Value function makes a web call in the background. Large-scale requests or multiple simultaneous calls may increase your worksheet’s recalculation time.
• Ensure you have a stable internet connection to minimize network-related errors.

Common Questions

1. What happens if the ticker symbol is invalid?
   The function will return "NA". Double-check that you are using a valid ticker or format.

2. Can I use this formula with historic dates?
   The Book Value function currently supports retrieving its latest data; it does not take an additional date parameter. If you need historical book values, you may need a specialized historical data function.

3. Why am I getting "NA" repeatedly?

   • Verify your MarketXLS license status.
   • Check network connectivity.
   • Confirm that the ticker symbol is correct.

4. How do I integrate Book Value with other MarketXLS functions?
   You can combine =BookValue(Symbol) with other metrics like AskPrice(), LastPrice(), or OpenPrice() to build a comprehensive financial dashboard in Excel.

?? Note: Data may be subject to updates or revisions. Always confirm the accuracy of data fetched from third-party sources.

By following these steps and best practices, you can seamlessly incorporate the Book Value formula into your Excel workflows, providing deeper insight into a company’s equity valuation.