The Book/Share of Binani Industries Limited is -33.08
Book value per share is a company’s assets minus liabilities divided by the number of shares outstanding.
mrq (most recent quarter)
The book value of a company is the value of its assets according to its balance sheet account balance. For assets, the value is based on the original cost of the asset less any depreciation, amortization or impairment costs made against the asset. Traditionally, a company's book value is its total assets minus intangible assets and liabilities. However, in practice, depending on the source of the calculation, book value may variably include goodwill, intangible assets, or both. The value inherent in its workforce, part of the intellectual capital of a company, is always ignored. The book value of a company may be also referred as with the term net asset value.
The book value per share is the the balance sheet equity value divided by the number of shares outstanding at the date of the balance sheet. Book value per share can be used to generate a measure of comprehensive earnings, when the opening and closing values are reconciled. The sale of shares/units by a business increases the total book value. Book value per share will increase if the additional shares are issued at a price higher than the pre-existing book value per share. The purchase of its own shares by a business will decrease total book value. Book value per share will decrease if more is paid for them than was received when originally issued. Dividends paid out will decrease book value per share value.
Binani Industries Limited, through its subsidiaries, provides media and publication services in India and internationally. It operates through Media, Logistics, Zinc and by Products, Glass Fiber, and Other Products segments. The company publishes a portfolio of trade journals, which provide information on the happenings in the metals, construction, and infrastructure industries, such as Minerals and Metals Review, a monthly magazine; Minerals and Metals Review Weekly, a tabloid that provides weekly wrap-up and updates on metal and market prices, trade intelligence, crucial industry issues, and news; Metals Today Daily, a daily electronic newsletter; and Construction Industry Review, a weekly tabloid, as well as organizes trade events, seminars, workshops, conferences, and exhibitions. It also trades in shares and securities; and offers ordinary Portland cement, Pozzolona Portland cement, and ground granulated blast-furnace slag, as well as develops and supplies fiberglass products and technologies for the reinforcement of thermoplastics and thermosets, and high-grade glass fiber. In addition, the company provides engineering, procurement, and construction services; consultancy and engineering services; and manufacturing services. Further, it is also involved in infrastructure activities; provision of manpower management services; and mining of minerals, as well as provides zinc and metals allied products. Binani Industries Limited was founded in 1872 and is based in Mumbai, India.