Book Value Per Common Share (BVPS) is a method to calculate the per-share book value of a company based on common shareholders' equity in the company. The book value of a company is the difference between that company's total assets and total liabilities, and not its share price in the market.The calculation for book value per common share (BVPS) is simple: divide a company's total shareholder equity by its number of shares outstanding. This will give you the book value per share. To get an idea of how this compares to other companies, find companies with similar sizes and compare their book value per common share (BVPS) values.There are some benefits to using book value per common share (BVPS) as your main valuation metric instead of market capitalization (market cap). For one, it takes into account all liabilities when calculating net worth - not just long-term debt like market cap does. It also doesn't rely on stock prices, which can be volatile and affected by outside factors like speculation or manipulation.However, there are also some drawbacks to using book value per common share (BVPS) as your primary metric. One is that it doesn't take into account intangible assets - things like goodwill or intellectual property - which can be quite valuable for certain companies but don't show up on the balance sheet."