Book Value vs Equity

What is the difference between the two? Or are they synonymous?

They’re synonymous.

Book value refers to the value that’s shown on the balance sheet. You can have a book value of debt, book value of equity, book value of assets.

Equity represents ownership in a company. You can have book value of equity, or market value of equity (which is measured by market price per share x number of common shares).

So I really don’t understand your question. Are you asking what’s the difference between book value of equity vs. market value of equity? Read the book.

Thanks S2000.

Analyst0718, I was referring to the book value of a company.