Can you have a negative implied share price?

Asked by: Minnie Bednar  |  Last update: February 25, 2026
Score: 4.4/5 (54 votes)

Since Implied Equity Value and Enterprise Value are based on your views, both of them could be negative as well. Once again, however, it's rare unless you're analyzing a distressed or highly speculative company – and even if it happens, you often just set the Implied Share Price to $0.00.

Can you have a negative implied equity value?

Yes, Enterprise Value can be negative… and Implied Equity Value can also be negative. BUT we need to be more precise with the terminology and qualify those statements a bit more. Enterprise Value is the value of core-business Assets to all investors in the company.

Is it possible to have a negative share price?

Can stocks ever go into negative money? In a general sense — no. Lowest price a stock can go to is zero

Can you have a negative book value per share?

A negative book value means that a company's liabilities are greater than its assets. This indicates a company is possibly insolvent.

Could a company have a negative equity value?

Negative equity refers to a situation where the total liabilities of a company exceed its total assets, resulting in a net deficit in shareholders' equity.

Warren Buffett: Book Value Does Not Matter When Analyzing Stocks

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Is it possible to have negative shareholders' equity?

If total liabilities exceed total assets, the company will have negative shareholders' equity. A negative balance in shareholders' equity is generally a red flag for investors to dig deeper into the company's financials to assess the risk of holding or purchasing the stock.

What is the difference between equity value and implied equity value?

Implied Equity Value means the Net Distributable Value minus the aggregate amount of outstanding Indebtedness of the Company and its Affiliates at the Change of Control Consummation Date; provided however, that (i) in the case of a transaction that constitutes a Change of Control within the meaning of clause (iii) of ...

Can share value be negative?

Can a Stock Go Negative? Technically, a company that has more debts and other liabilities than assets is worth a negative amount. Shares of its stock, however, would only fall to zero and would not turn negative.

Can equity value per share be negative?

Current Equity Value for a public company cannot be negative because neither its Current Share Price nor its Common Share Count can be negative.

Can you have a negative net book value?

It's occasionally encountered in Fixed Assets to see a negative net book value which is not quite logical since the Life to Date depreciation amount with the Remaining Appreciable amount should net to Zero.

Can you have negative shares?

The value of the stock itself can't go negative. It can only become zero is the company goes bankrupt. The only case when you can see negative result is if you bought the stock and the price declined.

Can a share price go to zero?

Stock prices can fall all the way down to zero. That means the stock loses all of its value and a shareholder's earnings are typically worthless. In this case, the investor loses what they invested in the stock.

What happens if stock price is negative?

If you are active, you will know that stock prices can rise and fall anytime. Well, just to be clear, the value of a stock can fall extremely low and might even go down to zero (if the company goes bankrupt), but at no point will the value become negative.

Why is Starbucks shareholder equity negative?

Despite being a highly profitable company, Starbucks reported negative equity due to extensive share repurchases. Over several years, Starbucks used its profits and borrowed funds to buy back shares from the open market.

How to calculate implied share price?

To calculate the implied value per share of common equity, complete the following:
  1. Find the buyout amount.
  2. Subtract any part of the buyout that goes to stakeholders other than those who have common shares.
  3. Divide by the number of outstanding common shares.

What is the negative equity rule?

Negative equity happens when you owe more on your mortgage than your home is worth. A few factors can cause this, but it's usually due to falling home values. It can also be caused by a buyer's actions when purchasing the home, like making a small down payment or paying the difference after an appraisal comes in low.

Can you have a negative price per share?

To understand a negative P/E ratio, it's important to note that the value of a stock can never be negative.

Can a company have a negative share price?

Investors often wonder if stocks can have negative prices. However, in finance, stock prices cannot drop below zero. Companies in severe financial trouble might show negative shareholder equity.

Can shareholders' equity be negative?

Negative shareholder equity is when a company owes more money to investors than its assets can cover. When a company accumulates more debt than it can pay, even after liquidating all of its assets, financial analysts describe its equity as negative.

Can intrinsic value of a share be negative?

Intrinsic value is a key concept in options trading as it helps investors determine whether an option is profitable to exercise. It's important to note that intrinsic value can never be negative; it is either zero or a positive number.

Can stock on hand be negative?

As the name suggests, the term negative inventory means having less than zero stock of that particular item. Obviously, you cannot actually, in physical terms, have less than zero of an item. It shows up like this in your system because you have a poor system to manage your inventory.

What is the implied price?

An Implied IN price is a spread price generated from two outright prices, implied or otherwise, in different markets. An Implied OUT price is an outright price in one market from an outright price, implied or otherwise, in a different market and a spread price, implied or otherwise, between the two markets.

Can fair value be negative?

On its books at any given point in time, a bank will have a total derivatives position of either gross positive fair value (GPFV) or gross negative fair value, the former indicating that the bank carries derivatives receivable and the latter indicating that it has derivatives payable.

Can you have a negative enterprise value?

A company's EV can be negative if the total value of its cash and cash equivalents surpasses that of the combined total of its market cap and debts. This is a sign that a company is not using its assets very well—it has too much cash sitting around not being used.