Explain value of shares is, value of capitalization results

Question

Is this correct that the value of the shares is, the “value of the results’ capitalization” that, as per to the Institute of Accounting and Auditing (ICAC) shows “the sum of the expected future results of the company throughout a certain period, discounted at the time of the valuation?”

Answer 1

This method is not denominated that “value of the results capitalization” according to the Institute of Accounting and Auditing (ICAC) shows “the sum of the expected future results of the company throughout a certain period, theoretical base (and no common sense).