NTAV PSNet Tangible Assets Value per share ratio, is defined as Shareholders' funds attributable to equity interests minus Intangibles, divided by the number of shares in issue. The calculation of NTAV per share is the following and it is expressed in pence (currency being GBP):
= [(ord cap,reserves - intangibles) / shares in issue] * 100
Note: Calculation based on Ordinary Capital figure as contained in last annual report, and the most recent shares in issue figure. Therefore the ratio might be exposed to inaccuracies.