The word value means different things to different people. Even to the same person, value means different things in different contexts, as we discussed in the previous section.
Without carefully defining the term value, the conclusions reached in the valuation report have no meaning.
Is the objective of the valuation to estimate fair market value, market value, fair value, true value, investment value, intrinsic value, fundamental value, insurance value, book value, use value, collateral value, ad valorem value, or some other value?
Got a kindle version of Valuing a Business: The Analysis and Appraisal of Closely Held Companies - really amazing! Shannon P. Pratt, Alina V. Niculita one love :)
Michael CoxLos Angeles
As of 2026-06-10, I suppose that Valuing a Business: The Analysis and Appraisal of Closely Held Companies by Shannon P. Pratt, Alina V. Niculita is still among the best books in its niche. Brilliant!
piccolino25 TX
Honestly other books by Shannon P. Pratt, Alina V. Niculita were a bit more helpful for me. But anyway, Valuing a Business: The Analysis and Appraisal of Closely Held Companies is another great piece of content
clar RobinsonMassachusetts
I bought Valuing a Business: The Analysis and Appraisal of Closely Held Companies hardcover edition on Amazon - arrived today, 2026-06-10, so far Im completely satisfied with the book quality
Andrew2001 GuptaPrague
1) Must read. 2) Must read. 3) Must read. P.S. Many thanks Shannon P. Pratt, Alina V. Niculita for this book - Valuing a Business: The Analysis and Appraisal of Closely Held Companies is simply the best!!!
Alex W. DawkinsMelbourne
WOW. "Valuing a Business: The Analysis and Appraisal of Closely Held Companies"" is a really good one on this topic. Honestly, haven`t read any other books from Shannon P. Pratt, Alina V. Niculita, but he seems to be real genius!
Tom Lazcovitz California
I really enjoyed this book - Shannon P. Pratt, Alina V. Niculita did an awesome job! Probably Valuing a Business: The Analysis and Appraisal of Closely Held Companies is the best book I read last years
