The current market value of a company's shares can be calculated by multiplying the latest stock price by the number of shares outstanding. This number represents the total number of shares that a company has issued to the public. Understanding this calculation is crucial in analyzing a company's financial health and overall performance in the stock market. By keeping track of the stock price and shares issued, investors can make informed decisions about their investments and stay updated on the company's value. So, always keep an eye on these key factors when delving into the world of finance.