High Book Value Per Share India

While book value per share is a good way to evaluate a stock it s more of an accounting based tool and doesn t necessarily reflect the true market value of a publicly traded company companies.

High book value per share india. Price to book represents the ratio of current market price of a stock to its book value per share. Book value per share book value per share net worth number of outstanding shares why it is important. The majority of shares in india trade at the share price below rs 1 000 per share on indian stock exchanges howere there are a few stocks that trade at a price in the mutiples of thousands of rupees.

Screener also lists eps market cap revenue profit with option of drilling down to detailed fundamental data 100 tech analysis 100 params supported with charts. During the past 5 years the average book value per share growth rate was 20 50 per year. Top companies in india by earning per share.

Price to book value bse the price to book value ratio is calculated considering the book value as per the latest available balance sheet. List of companies with highest share price in india updated october 2020. During the past 12 months central bank of india s average book value per share growth rate was 21 30 per year.

The book value per share and the market value per share are some of the tools used to evaluate the value of a company s stocks. The market value per share represents the current price of a company s shares and it is the price that investors are willing to pay for common stocks. The book value itself is arrived at by dividing the net worth of a company by the total number of shares outstanding of the company at that time.

The net asset value or the nav is the price at which a single unit of a particular mutual fund is traded. Central bank of india s book value per share for the quarter that ended in jun. During the past 3 years the average book value per share growth rate was 26 70 per year.

High book value per share due to profits accumulated over the years indicates a strong company. It is calculated by dividing the total net value of the assets held by the fund to the. It is used for computing valuation ratios like price to book value ratio.