I am experiencing difficulties finding the right items to calculate the book value of a firm from the compustat fundamentals quarterly. From the perspective of an analyst or investor it is all the better if the balance sheet of the company is marked to market i e it captures the most current market value of the assets and the liabilities. Book equity is defined as the compustat book value of stockholders equity plus balance sheet deferred taxes and investment tax credit if available minus book value of preferred stock.
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