24.9
Book Value per Share (GEL)
1.60
2.00
P/E
5.77
4.91
P/BV
1.57
1.25
Sources: Kazbegi, Galt & Taggart
Kazbegi JSC - Valuation (Refer to Annex 1)
Valuation Limits
True Value (GEL mln.)
True Value/Market Cap.
Low
15.0
2
High
22.5
3
BANK OF GEORGIA JSC
Sector:
Financial Services
GSE Ticker:
GEB
Summary Information:
В· Bank of Georgia JSC is the country's leading commercial bank;
В· Last year the company reported about 6% increase in annual sales to GEL 36.6 mln.;
В· Net profit of the company has decreased by about 7% in 2002 mainly due to higher administrative expenses;
В· The Earning Per Share (EPS) in 2002 was GEL 0.72;
В· The company's assets grew by remarkable 30% over the year to reach GEL 176.7 mln.;
В· The company's equity increased by 13% over the last year and amounted to GEL 46.6 mln.;
В· The company continues to pay dividends, which amounted to GEL 2 mln.or GEL 0.20 per share.
Source: Galt & Taggart
BANK OF GEORGIA JSC - Summary
Current Price (GEL)
1.55
Year High (GEL)
1.90
Year Low (GEL)
1.00
...
