Sunday, 6 March 2011

Net Asset Value Per Share

What Does Net Asset Value Per Share - NAVPS Mean?
An expression for net asset value that represents a fund's (mutual, exchange-traded, and closed-end) or a company's value per share. It is calculated by dividing the total net asset value of the fund or company by the number of shares outstanding.

Also referred to as "book value per share".

Calculated as:

Net Asset Value Per Share (NAVPS)

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