Book value per share
Equity divided by shares outstanding.
Definition
Book value per share is equity per share. Combined with EPS in Graham, or with a max P/B in asset-heavy names. Less central for REITs valued primarily on AFFO yield.
Tools and guides
Related terms
- Graham number / Graham ceiling— Educational ceiling from EPS and book value: √(22.5 × EPS × BVPS).
- EPS (earnings per share)— Net income divided by shares outstanding.