Are property company assets undervalued?
Language: English Series: Estates Gazette ; 283(6350) 5 September 1987, 1024-1026(2)Publication details: 1987Subject(s): Summary: Assets of property investment companies are significantly undervalued on the Stock Exchange if the price of shares is compared with the property valuation of the assets held. This means that the total market value of share capital is less than the estimated value of a company`s property holdings. (Journal Abstract). In this article, the authors examine the estimated value, calculated here as the net asset value , which is the sum of all assets less liabilities. The difference between the market price per share and the net asset value per share- the discount - is also discussed.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS38221 (Browse shelf(Opens below)) | 1 | Available | 9311-1001 |
Assets of property investment companies are significantly undervalued on the Stock Exchange if the price of shares is compared with the property valuation of the assets held. This means that the total market value of share capital is less than the estimated value of a company`s property holdings. (Journal Abstract). In this article, the authors examine the estimated value, calculated here as the net asset value , which is the sum of all assets less liabilities. The difference between the market price per share and the net asset value per share- the discount - is also discussed.