every house has three prices. so does every company.
Price one: $500,000 — the listing. That’s the market cap: what the crowd will pay for the shares today.
Price two: $670,000 — the true cost. The listing, plus the $200,000 mortgage you’d inherit, minus the $30,000 cash in the safe. That’s the enterprise value: what you’d really pay for the whole thing.
Price three: $200,000 — the ledger. You bought the place years ago for $400,000 and still owe $200,000. That’s the book value: what the accountant’s records say your stake is worth.
Market cap is the crowd’s price. Enterprise value is the buyer’s price. Book value is the accountant’s price. Three honest answers — just don’t mix them up.