Equity
The share of assets that belongs to shareholders: assets minus liabilities.
Formula
We take equity attributable to shareholders of the parent, excluding non-controlling interests.
How to read the number
This is the book value of the company. Price divided by it gives P/B.
When the metric lies
Where it is used
The metric is calculated across every security in the catalogue and appears on the instrument card, in the multiples table and in the screener.
Also known as: equity, book value, shareholders equity, net assets