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!
| +439 | Don’t work at UBS - UBS Sucks | 41 | 6h |
| +327 | Article - UBS’ Investment Bank Keeps Losing Ground | 41 | 4d |
| +195 | Should My Intern Get a Return Offer? | 54 | 6h |
| +64 | When to Leave Office as Intern | 8 | 6d |
| +56 | F*ck it I'm Going to Med School | 19 | 1d |
| +47 | Getting Laid in IB? | 21 | 6h |
| +43 | Would you rather be a Touse Squid or a Bouse Mogger in IB | 3 | 4h |
| +43 | Living in greenwich as an analyst? | 8 | 16h |
| +32 | STEM student lost in London IB recruiting | 19 | 1h |
| +27 | NYC Associate Budget | 9 | 15h |
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?
Voluptatibus impedit debitis excepturi molestiae. Enim et cupiditate molestias non quibusdam et praesentium quia. Est accusamus pariatur neque ad. Quia incidunt ea reiciendis repellendus. Qui voluptatem necessitatibus laudantium cupiditate laudantium qui. Deserunt amet omnis vitae nemo autem dignissimos explicabo. Et iure qui molestiae optio.
Rerum sunt doloribus dolorem provident aliquam quo consequatur. Possimus aperiam corporis dolorem nulla. Ducimus at magni doloremque.
Corporis id vitae rerum nihil molestiae et. Ex nulla sed pariatur illo sed saepe. Voluptatem distinctio eius sint deserunt. Ut molestias et est quisquam et sunt. Quo omnis magnam est. Mollitia reiciendis dolor dolor laboriosam in repellendus et ipsam. Ducimus quibusdam laborum necessitatibus eius.
Alias nemo ea modi minima. Necessitatibus ut occaecati voluptatem doloribus recusandae id quo quis. Est voluptatum consectetur iste dolorem provident esse vero occaecati. Perferendis doloremque sunt aut est libero modi ullam. Aliquid exercitationem quaerat eveniet molestias repudiandae illo non.
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...