Face value (also called “par value” or “nominal value”) is a small, fixed value assigned to a share when a company first issues it — used mainly for accounting and dividend-percentage calculations. It rarely changes and has little to no relationship to the stock’s actual trading price.
Example
A stock might have a face value of ₹2, set decades ago, while its current market price is ₹1,600 — determined entirely by demand and supply, not by the face value.
Related Reading
See the full face value vs market price vs market cap comparison in What Are Stocks? Ownership, Price, and Value Explained.