Book value per share

Book value per share divides total shareholders equity by the number of shares outstanding, showing the accounting net worth of the company attributable to each individual share, what would theoretically be left over for shareholders if the company sold every asset and paid off every liability today.

The formula is:

It's the balance sheet-based measure most often compared to the current share price through the price to book ratio. How closely the two track each other varies enormously across industries. Capital-intensive businesses with large tangible asset bases tend to trade closer to book value, while asset-light or intangible-heavy businesses often trade at large multiples of it, since their most valuable assets, brands, software, customer relationships, aren't fully captured on the balance sheet.