Secondary Market Valuation
Secondary market valuation captures company value through secondary-market signals.
December 15, 2025
- Secondary market valuation is the implied valuation of a private company calculated by multiplying estimated outstanding shares by derived or composite share prices in the secondary market.
How We Calculate:
At PM Insights, secondary market valuation is executed through recent derived or composite share prices.
Since private companies don't disclose shares outstanding, we estimate share counts through primary round disclosures, option pool sizing, and regulatory filings. Our methodology provides Level 2 observable inputs under ASC 820 for institutional portfolio valuation and audit defense.
Formula:
PM Insights' Derived OR Composite Price Per Share * Estimated Share Count
Ready to see it in action?
Schedule a demo with one of our experts
