Bagher Mehrvarz Hasanbarogh - Department of Accounting, Rasht Branch, Islamic Azad University, Rasht, Iran
Sina Kheradyar - Department of Accounting, Rasht Branch, Islamic Azad University, Rasht, Iran
Mohammadreza Vatanparast - Department of Accounting, Rasht Branch, Islamic Azad University, Rasht, Iran

The most important goal of revaluation is providing reliable fair price information close to economic realities for different decision-makers. Emphasising conservatism, this research comparatively studies the relationship between book values of assets concerning the performance indicators of companies. The statistical population of the research includes ۱۴۶ companies listed on the Tehran Stock Exchange from ۲۰۰۹ to ۲۰۲۰. The research methodology is correlational and post-event causal, and the correlation and regression tests are used to test hypotheses. The results show a significant direct relationship between the book value of assets and the rates of return on assets and equity. In addition, conditional conservatism significantly negatively affects the relationship between the asset value after revaluation and the future cash flows. It also has a significant positive effect on the relationship between the book value of assets and the rate of return on assets.

book value of assets, revaluation, return on assets, return on equity, future cash flows, Conservatism