Market Capitalization (GEL mln.) /Td>
15.5
Shares Outstanding (Mln.)
10.0
Free Float (%)
47.6
Free Float (GEL mln.)
7.4
Source: Galt & Taggart
BANK OF GEORGIA JSC - Key Figures (IAS)
Year Ending December 31
2001
2002
Net Sales (GEL mln.)
34.4
36.6
Net Income (GEL mln.)
7.7
7.1
EPS (GEL)
0.78
0.72
Total Assets (GEL mln.)
135.6
176.7
Equity/Assets (%)
30.5
35.8
ROA (%)
5.7
4.0
ROE (%)
18.6
16.5
Book Value per Share (GEL)
4.13
5.14
P/E
2.02
2.15
P/BV
0.38
0.30
Sources: Bank of Georgia, Galt & Taggart
BANK OF GEORGIA JSC - Valuation (Refer to Annex 1)
Valuation Limits
True Value (GEL mln.)
True Value/Market Cap.
Low
50.8
