Finding market value after investment

How does a company determine their worth after an investment ? For example if someone invests $500,000 for 10 percent, is the entire company worth $5,000,000 ?

And is this the proper formula for finding this out: 500,000 ÷ 0.10 - 500,000 = 4.5 million.

If so whats the proper math to find out a $500,000 for 1.6% ?

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