The market value of a company’s stock has no necessary relation to its par value, its stated value, or the amount of paid-in capital. If the par value of a certain stock is $1, the market value [will be $1 / can be any value].

If the stated value of another stock is $10, the market value [will be $10 /

can be any value].

If paid-in capital is $12 per share, the market value [will be $12 / can be any value].