book value per share


Also found in: Acronyms.

Book value per share

The ratio of stockholder equity to the average number of common shares. Book value per share should not be thought of as an indicator of economic worth, since it reflects accounting valuation (and not necessarily market valuation).

Net Asset Value Per Share

The expression of the value of a company or fund per share. In the case of a mutual fund, this is the per share prorated value of the securities underlying the fund. It is calculated once per day at the end of the trading day and functions as the share price of the mutual fund for the next trading day.

In the case of an exchange-traded fund, closed-end fund, or stock, this is the expression of the underlying value of the company or fund per share. That is, it is a statement of the value of the company's assets themselves minus the company's liabilities and the difference divided by the number of outstanding shares. One way of thinking about the net asset value per share is that it is the underlying value of the share, not the value dictated by the supply and demand of shares. Because cost accounting tends to undervalue the value of certain assets, the net asset value per share is usually lower than the market price of shares. It is also called the book value per share.

book value per share

Common stockholders' equity determined on a per-share basis. Book value per share is calculated by subtracting liabilities and the par value of any outstanding preferred stock from assets and dividing the remainder by the number of outstanding shares of stock. Also called book, book value. See also market to book.
References in periodicals archive ?
Pro forma, giving effect to the reorganization, book value per share would have been $20.671.
Aabar's book value per share increased from AED3.50 in the second quarter, to AED3.97 in the third quarter.
Book value per share and tangible book value per share at June 30, 2019 were $20.95 and $14.36, respectively, compared with $20.49 and $14.18, respectively, at December 31, 2018.
Its book value per share of $30.22, book value per share including the Deferred Gain of $34.86 and adjusted book value per share of $35.55 increased by 6.0%, 4.0%, and 17.4% during the first nine months of 2018, respectively, each computed after taking into account dividends declared.
BANKING AND CREDIT NEWS-March 13, 2018-Ellington Financial reports estimated book value per share
The stock currently trades at 0.77 times its latest reported book value per share of RO0.127.
Also, the company stated that the estimated book value per share takes into account a share reduction of USD0.32 per share caused by the redemption of convertible securities that it had previously issued under its equity incentive plans, in exchange for the distribution of equivalent securities issued by its operating partnership.
BANKING AND CREDIT NEWS-January 11, 2018-Ellington Financial reports December estimated book value per share
The stock trades at a P/BV multiple of 0.8x its latest reported book value per share of RO0.151.
Reports Q2 tangible common book value per share $21.01.
Also, the company said that estimated book value per share on a diluted basis takes into account securities convertible into its common shares.