Does anyone have advise regarding the valuation of shares of an Insurance Brokers?
julian jackson
Replies (2)
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Multiple of commission earned
Usually the value is based on a multiple of expected commission income. The last time I did one (a couple of years ago) the multiple was one but this may not be appropriate now.
Otherwise, normal rules apply e.g. discounts for minority holdings.
my friend had her sahre valued..
my friend had very valuable sahre - she bought it in India I beleive.