The organization's book value per share will fall to $34.56, from $56.01.
Its peers trade at an average of 1.2 times book value.
The operations have a book value of about $35 million.
The company said the plants have a book value of about $1.1 billion.
So that is a hard book value not a soft one.
Investors once paid a lot of attention to book value.
The company's stock price is already slightly below book value of $23.
The average price last year was 1.9 times book value.
They now trade at 1.6 times book value, down from 4 in 2000.
It had a blue book value of about $18,500 but sold for $32,500.
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