The following table shows the ratio between the stock market value at year-end and consolidated equity with respect to the shares outstanding.

Price/book value

 

2010

2009

2008

2007

2006

Share price at year-end

5.24

7.31

6.16

9.01

10.13

Consolidated equity per share

4.01

4.82

4.62

4.32

3.80

Price/book value

1.31

1.52

1.33

2.08

2.67

Outstanding shares

 

2010

2009

2008

2007

2006

Number of outstanding shares (in thousands) (1)

51,582

32,339

33,132

30,992

28,540

(1) Outstanding shares are net of treasury shares held in portfolio.