Does the statement of owners equity tell how much the business is worth?

The statement of owners' equity does not directly indicate how much a business is worth; rather, it shows changes in the equity section of the balance sheet over a specific period. It reflects the owner's investments, withdrawals, and the company's retained earnings. To determine a business's worth, one would typically assess its overall assets and liabilities, leading to a calculation of net worth or valuation through various methods.