Carrying value is an accounting measure of value, where the value of an asset or a company is based on the figures in the company's balance sheet. For physical assets, such as machinery or computer hardware, carrying cost is calculated as historical cost - accumulated depreciation.

Carrying value is an accounting measures used to determine the value of a company's assets and liabilities. The carrying value, or book value, is an asset or liability's value based on a company's balance sheet, while the fair value of an asset or liability is based on the mark-to-market value.