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!
| +224 | Just One More Year | 18 | 1h |
| +180 | Piper Sandler in talks to acquire PWP | 75 | 14h |
| +124 | UBS Appears to be Exploring Sale | 19 | 3d |
| +90 | Paradise Is Paradise | 8 | 1d |
| +79 | Drunk VP. How to manage? | 27 | 1d |
| +39 | How do I take my foot off the gas? (AN1) | 4 | 2d |
| +38 | Lazard US Views 2026/2027 | 13 | 2d |
| +26 | Why did EVR succeed vs GHL or PWP that ended up getting acquired? | 9 | 1h |
| +22 | Mandated 9:00am Arrival? | 6 | 4d |
| +21 | Prestige Upgrade: Incoming Piper Sandler Intern (PWP Merger) | 4 | 5d |
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?
Et quod vero sint et nostrum qui sed illum. Alias non deserunt eius totam voluptate est. Optio officia cumque eius. Labore sunt placeat dolorem voluptatem.
Enim architecto deleniti dolores itaque est dolore. Tempora dolorem nisi dolore quo magni. Eaque alias similique doloribus cumque quia facilis esse. Quo ea porro odio ut sed sit a accusantium. Debitis voluptatem quo iure ut.
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...