The naive approach to look at Book Value per Share is to compare it to current stock price. If Book Value per Share is higher than the currently traded stock price, the company can be considered undervalued. However, investors must be aware that conventional calculation of Book Value does not include intangible assets such as good will, intellectual property, trademarks or brands and may not be an appropriate measure for many firms.

In accordance with recently published financial statements the book value per share of Erste Group Bank AG is about 42.54 times. This is much higher than that of sector, and significantly higher than that of Book Value Per Share industry, The Book Value Per Share for all stocks is over 1000% lower than the firm.