I've been trying to teach myself how to value a business and I thought the best way to do that is to try different things. I'm not sure if the following simple thing actually tells me anything or nothing at all. If you have a moment, please let me have your input.
I own shares of a company.
Total shares outstanding: 250,387,303
No of shares I own: 1,583 (I invested £5,305 GBP)
2014 profit was £28,397,000 GBP
My ownership is 0.00063%.
Does this mean that I rightfully own 0.00063% of the 2014 profit which was reported at £28,397,000? Which comes to £178.
Does this actually tell me anything or am I completely going the wrong way about valuing my stake in a business?
Also, there isn't actually any way for me to have that £178 right? So is there any benefit in knowing this?
Really would love some replies, thanks in advance guys