Sentences with phrase «above book value per share»
The historical cost accounting principle, which tends to understate certain asset values, and the supply and demand forces of the marketplace generally push stock prices above book value per share valuations.
https://www.investopedia.com/ Not exact matches
Offering bank investors a view of the company stock, Dimon contended that it still made financial sense for JPMorgan to buy back shares «even at or above two times tangible book value» per share, which was $ 53.56 at year - end.
In the formula above, Price is the share price, EPS is earnings per share, and BPS is book value per share.
If you run the same numbers as above, but at $ 45 per share, buybacks would be accretive to earnings and approximately break even to tangible book value — still attractive but far less so.
The tables above show our earnings per share and tangible book value per share over the last six years.
Marketing add - on issues above book value with regularity made it possible for the companies to report modestly increasing earnings per share year by year.