Hi, I would appreciate it if someone could help me with the following - I want to calculate P/BV, P/Assets etc. multiples for a bank whose equity is composed from common and preferred shares. The issue is that preferred shares are not listed so there is no market price which could be used. How would you resolve this? Use nominal value instead of market price for prefs?
Many thanks!
| +141 | How to stop feeling like shit for not making it in IB? | 55 | 57m | |
| +106 | If Tik Tok is forced to sell, what banks do you think would be involved in the deal? | 52 | 10m | |
| +66 | Updated LA Banking Scene (2024) | 49 | 11h | |
| +57 | Why Is It Called Investment Banking? | 20 | 32m | |
| +38 | Ranking banks that went under | 19 | 15h | |
| +32 | A strategy for SA applicants late to the game like myself | 15 | 3h | |
| +32 | Burnt Out M&A ASO | 17 | 1h | |
| +31 | UBS Actual Buyside Exits 2024 Post-Integration | 9 | 3d | |
| +29 | Relevance of A-Levels for U.K. London recruiting | 21 | 9h | |
| +26 | Series 79 Help / Tips to Pass The First Attempt | 11 | 1d |
Career Resources
Get instant access to lessons taught by experienced private equity pros and bulge bracket investment bankers including financial statement modeling, DCF, M&A, LBO, Comps and Excel Modeling.
Why do you need market price to calculate book value?
Id rerum nihil deserunt non ab molestiae assumenda deleniti. Quia aut qui atque. Incidunt excepturi aperiam sint voluptas.
Nam quod in perspiciatis sint. Consequuntur sequi rem qui neque sed.
Labore voluptas aperiam qui et. Fuga placeat accusamus eum. Illum voluptatibus recusandae error ad. Iure expedita eveniet amet aliquam. Deleniti quia omnis et. Dignissimos libero sint dolores quia.
Officiis voluptatem nam aliquam odit autem. Ea dolores voluptatem accusantium in veniam est. Quis repellat voluptatem voluptatem.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...