### Comment:
What you’re looking for are distressed companies that have a price to book ratio around 0.9-0.8 or lower. 
 This means they are currently valued at less than what they’re worth on their balance sheet. 
  
 Be careful with this though because some assets in balance sheets are likely to significantly depreciate (such as goodwill and inventory) when a company is struggling

### REPLY:
A company can’t depreciate or amortize goodwill.    It remains unchanged unless evaluated for impairment and written down.

### END.