NZX (NZSTF) Book Value per Share: $0.22 (As of Dec. 2025)

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Dr. Charlie Tian is the founder and CEO of GuruFocus.com, a leading global investment research platform established in 2004. With a Ph.D. in physics, Dr. Tian transitioned from science to finance, applying a data-driven, disciplined approach to value investing.

NZSTF NZX Ltd NZSTF
52 GF Score
Price $0.87
GF Value $0.86
Valuation Fairly Valued
! 6 Warning Signs
View Full Analysis

What is NZX Book Value per Share?

NZX NZSTF 52 Book Value per Share is $0.22 as of Dec. 2025. GuruFocus rates NZSTF with a GF Score™ of 52/100 and a GF Value™ of $0.86 (Fairly Valued). The stock has 6 warning signs investors should review.

NZX's book value per share for the quarter that ended in Dec. 2025 was $0.22.

During the past 12 months, NZX's average Book Value Per Share Growth Rate was -4.10% per year. During the past 3 years, the average Book Value Per Share Growth Rate was 16.20% per year. During the past 5 years, the average Book Value Per Share Growth Rate was 13.00% per year. During the past 10 years, the average Book Value Per Share Growth Rate was 5.00% per year. Please click Growth Rate Calculation Example (GuruFocus) to see how GuruFocus calculates Wal-Mart Stores Inc (WMT)'s revenue growth rate. You can apply the same method to get the book value growth rate using book value per share data.

During the past 13 years, the highest 3-Year average Book Value Per Share Growth Rate of NZX was 42.20% per year. The lowest was -15.70% per year. And the median was 5.40% per year.

NZX's current price is $0.8714. Its book value per share for the quarter that ended in Dec. 2025 was $0.22. Hence, today's PB Ratio of NZX is 3.91.

During the past 13 years, the highest P/B Ratio of NZX was 8.83. The lowest was 2.76. And the median was 4.27.

Warning Sign:

NZX Ltd stock PB Ratio (=4.06) is close to 3-year high of 4.3.


NZX  (OTCPK:NZSTF) Book Value per Share Explanation

Usually a company's book value and Tangible Book per Share may not reflect its true value. The assets may be carried on the balance sheets at the original cost minus depreciation. This may underestimate the true economic values of the assets. It also may over-estimate their true economic value because the assets can become obsolete.

For financial companies such as banks and insurance companies, their assets may be reported in current market value of the assets owned. Book values of financial companies are more accurate indicator of the economic value of the company.


NZX Book Value per Share Related Terms


NZX Book Value per Share Historical Data

* Premium members only.

The historical data trend for NZX's Book Value per Share can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

NZX Book Value per Share Chart

NZX Annual Data
Trend Dec15 Dec16 Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23 Dec24
Book Value per Share
Get a 7-Day Free Trial Premium Member Only Premium Member Only 0.17 0.17 0.23 0.23 0.22

NZX Semi-Annual Data
Jun16 Dec16 Jun17 Dec17 Jun18 Dec18 Jun19 Dec19 Jun20 Dec20 Jun21 Dec21 Jun22 Dec22 Jun23 Dec23 Jun24 Dec24 Jun25 Dec25
Book Value per Share Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 0.23 0.24 0.22 0.22 0.22

NZSTF vs SPGI, CME, MCO: Book Value per Share Comparison

For the Financial Data & Stock Exchanges subindustry, NZX's PB Ratio, along with its competitors' market caps and PB Ratio data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


NZX PB Ratio vs Capital Markets Industry

For the Capital Markets industry and Financial Services sector, NZX's PB Ratio distribution charts can be found below:

* The bar in red indicates where NZX's PB Ratio falls into.


NZSTF
52GF Score
NZX Ltd NZSTF
Book Value per Share is just one metric. See GF Score™, valuation, warning signs, and more.
View Full Analysis

NZX Book Value per Share Calculation

NZX's Book Value Per Share for the fiscal year that ended in Dec. 2024 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(72.99-0.00)/327.02
=0.22

NZX's Book Value Per Share for the quarter that ended in Dec. 2025 is calculated as:

Book Value Per Share=(Total Stockholders Equity-Preferred Stock)/Shares Outstanding (EOP)
=(70.71-0.00)/328.54
=0.22

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Theoretically it is what the shareholders will receive if the company is liquidated. Total Stockholders Equity is a balance sheet item and equal to Total Assets less Total Liabilities of the company.

Book value may include intangible items which may come from the company's past acquisitions. Book value less intangibles is called Tangible Book.

Frequently Asked Questions Learn more about Book Value per Share →
What does a Book Value per Share of $0.22 mean?
NZX (NZSTF) has a Book Value per Share of $0.22 as of Dec. 2025. Book value per share gives the per-share value of a company's stockholder equity. View historical data on NZX and its competitors.
Is NZX's Book Value per Share too high?
NZX's current Book Value per Share is $0.22. Overall, NZX has a GF Score™ of 52/100 and is considered Fairly Valued, reflecting its overall financial health beyond just this single metric.
How does NZX's Book Value per Share compare to SPGI and CME?
NZX's Book Value per Share of $0.22 can be compared against companies in the Capital Markets industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Book Value per Share for a Capital Markets company?
A good Book Value per Share depends on the Capital Markets industry context. However, Book Value per Share should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Book Value per Share mean?
A high Book Value per Share can signal that a stock is expensive relative to its fundamentals. Book value per share gives the per-share value of a company's stockholder equity. View historical data on NZX and its competitors. NZX's current Book Value per Share is $0.22. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is NZX stock overvalued right now?
Based on GuruFocus' analysis, NZX (NZSTF) is currently considered Fairly Valued. The stock's GF Value™ is $0.86, compared to a current price of $0.87 — trading 1.3% above its estimated fair value. The current Book Value per Share is $0.22. NZX's overall GF Score™ is 52/100 with 6 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Book Value per Share calculated?
Book Value per Share is calculated from a company's financial statements. For NZX (NZSTF), the current Book Value per Share is $0.22 as of Dec. 2025. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is NZX (NZSTF) Overvalued in 2026?

Based on GuruFocus' analysis, NZX stock appears to be overvalued. The current stock price of $0.87 is trading 1.3% above its estimated GF Value™ of $0.86. GuruFocus considers NZX to be Fairly Valued.

Key valuation signals for NZSTF:

  • Book Value per Share: $0.22
  • GF Value™: $0.86 vs. price of $0.87 (1.3% above fair value)
  • GF Score™: 52/100 with 6 warning signs

No single metric tells the full story. See the NZSTF stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.


NZX Business Description

Other Exchanges NZX:New Zealand5NZ:Germany
Address 11 Cable Street, Level 2, NZX Centre, PO Box 2959, Wellington, NZL, 6011
NZX Ltd operates New Zealand's equity, debt, funds, derivatives and energy markets. To support the growth of its markets, it provides trading, clearing, settlement, depository, and information services for its customers. The company also owns Smart, New Zealand issuer of listed Exchange Traded Funds (ETFs); KiwiSaver, investment, superannuation and insurance provider SuperLife; and diversified fund manager QuayStreet Asset Management. Its segments include Markets, Funds Management (Smart), Wealth Technologies, and Corporate. It derives majority of the revenue from Markets segment which includes Capital Markets Origination, Secondary Markets, and Information Services.
52GF Score

Get the complete analysis for NZSTF

Book Value per Share is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

$0.87
Price
$0.86
GF Value