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Home Business Companies

Nestle Plc Share Price Crosses N1,000 Per Share

Nairametrics by Nairametrics
June 3, 2013
in Companies
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.

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Tags: News Review
Nairametrics

Nairametrics

Ugo Obi-chukwu "Ugodre" is a chartered accountant with over 16 years experience in financial management, corporate finance and financial analysis. He is also a retail investor and a personal finance advocate with over a decade experience investing in the Nigerian stock market. Ugo is the founder/Publisher of Nairametrics and blogs regularly on the website.

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