I was wondering if anyone could possibly please explain to me how the value tool (from Huntley's Investment Information) on the reserach tools section of the Westpac website works?
You type in the ASX cost in which is shows the current share price and then the 'value'. Does anyone know how this is calculated?
Also for people who use this are you able to explain how the 'book value per share' is calculated etc.?
Thanks in advance for your help. I have been reading most the threads whithin this forum for the last couple months however have never had the need to post.