One fourth of bse 500 stocks trading below book value


Savvy investors are always on the lookout for stocks that are not fully valued or, still better, are grossly undervalued. An important measure of value is the book value per share-total assets minus intangible assets and liabilities divided by the number of outstanding shares. If the price-tobook value per share is less than one, it means the stock is trading below its book stkcks does this in itself make the stock a good investment.

Not necessarily. For, experts say that the price-to-book value indicates CategoryNo. of sharesPercentagePromoters4,882,32,0522.22FinancialInstitutions877,908,54311.19ForeignInstitutions715,47,2819.12NBanksMutualFunds18,434,317.88GeneralPublic513,872,402.55Others235,1,903.00CentralGovt3,03,7870.04. Please help to establish notability by citing reliable secondary sources that are independent of the topic and provide significant coverage of it beyond its mere trivial mention.

sbe A Mint analysis shows 140 stocks trading at levels lower than their book value. The BSE 500 has dropped 54.21% since January. The index had gained bss than 3% in 2007 and close to 39% in 200.




One fourth of bse 500 stocks trading below book value

One fourth of bse 500 stocks trading below book value