Book Value of Share = Total Equity ÷ Number of Outstanding Shares
Total Equity = Total Assets – Total Liabilities
Use shareholders’ equity from the balance sheet
Use the weighted average or current outstanding shares as required
Book Value per Share = (Common Equity – Preferred Equity) ÷ Common Shares Outstanding
If preferred shares exist, subtract preferred equity first
If treasury shares exist, deduct them from equity before calculating
Use the latest audited financial statements for accuracy