The nominal value of a share is the same as its?

The nominal value of a share is the same as its face value. The face value of a share, also known as the par value or nominal value, is the original value assigned to a share when it is first issued by a company. It is typically a small amount, such as $1 or $0.01, and represents the legal capital of the company. The face value of a share remains constant and does not change, even if the market value of the share fluctuates. Therefore, the nominal value of a share is always the same as its face value, regardless of market conditions. Market value refers to the current price of a share in the stock market, which can be above or below its face value. A share is said to be trading above par value if its market value is higher than its face value, and below par value if its market value is lower than its face value.