The formula to calculate the Equity Value Per Share (EVPS) is:
\[ \text{EVPS} = \frac{\text{TE}}{\text{OS}} \]
Where:
Let's say the total equity (TE) is $1,000,000 and the number of outstanding shares (OS) is 50,000. Using the formula:
\[ \text{EVPS} = \frac{1,000,000}{50,000} = 20 \, \text{dollars} \]
So, the equity value per share is $20.