Greer Book Value Yield

19 saat önce

📘 Script Title
Greer Book Value Yield – Valuation Insight Based on Balance Sheet Strength

🧾 Description
Greer Book Value Yield is a valuation-focused indicator in the Greer Financial Toolkit, designed to evaluate how much net asset value (book value) a company provides per share relative to its current market price. This script calculates the Book Value Per Share Yield (BV%) using the formula:

Book Value Yield (%) = Book Value Per Share ÷ Stock Price × 100

This yield helps investors assess whether a stock is trading at a discount or premium to its underlying assets. It dynamically highlights when the yield is:
🟢 Above its historical average (potentially undervalued)
🔴 Below its historical average (potentially overvalued)

🔍 Use Case
Analyze valuation through asset-based metrics
Identify buy opportunities when book value yield is historically high
Combine with other scripts in the Greer Financial Toolkit:
📘 Greer Value – Tracks year-over-year growth consistency across six key metrics
📊 Greer Value Yields Dashboard – Visualizes multiple valuation-based yields
🟢 Greer BuyZone – Highlights long-term technical buy zones

🛠️ Inputs & Data
Uses Book Value Per Share (BVPS) from TradingView’s financial database (Fiscal Year)
Calculates and compares against a static average yield to assess historical valuation
Clean visual feedback via dynamic coloring and overlays

⚠️ Disclaimer
This tool is for educational and informational purposes only and should not be considered financial advice. Always conduct your own research before making investment decisions.

19 saat önce

Sürüm Notları

Added Book Value Stat to the display.status_line for reference