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Home Companies Company News

Nestle Plc Share Price Crosses N1,000 Per Share

Ugodre Obi-chukwu by Ugodre Obi-chukwu
June 3, 2013
in Company News
Unimpressive? Nestle Posts N22.2billion PAT..Proposes Dividend Not Befitting of Its Valuation
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Nestle Share Price

Nestle finally hit the N1,000 share price at close of trading May 31 2013. As at closing today, June 3rd 2013 the share price was 1,010 adding N10 to its value per share. The share price is now 37.8x its TTM earnings per share. Price to book ratio is a whopping 23x its book value.

Tags: News Review
Ugodre Obi-chukwu

Ugodre Obi-chukwu

Ugo Obi-Chukwu "Ugodre" is the Founder, Publisher, and Chief Analyst of Nairametrics, a leading business and financial news online platform in Nigeria. Ugo is also the Chief Editor of the Nairametrics “Blurb” Opinion pages. Follow Ugodre on Twitter @ugodre and Instagram @ugodre Email: ugodre@nairametrics.com

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