You can buy a share today in Google for US$568.24. That’s US$7.34 more than it would have cost you yesterday, and more than US$100 more than it would have cost you in March, but US$150 cheaper than at the start of this year.
Or, maybe a share in Apple for US$187.01 or Microsoft for US$28.18.
Or, if you prefer kiwi companies, a share in Air New Zealand for $1.08, Fletcher Building for $7.60 or Contact Energy for $9.11.
Or, if you like, a share in Xero for 85c.
Do those prices represent good value or not?
Q: What is a share price?
I’m interested to hear your answers…