However, I can provide you with a brief overview of the concept of goodwill and how it relates to the valuation of shares.

Goodwill is an intangible asset that represents the value of a company's reputation, brand recognition, customer base, and other factors that contribute to its overall worth. In simple terms, it is the value of a company's strong brand name and customer loyalty.

When valuing a company, goodwill is often taken into consideration along with other tangible assets such as equipment, inventory, and property. The value of goodwill can be challenging to determine as it is not a physical asset and is often subjective.

The valuation of goodwill is crucial in determining the overall value of a company. It can impact financial decisions such as mergers and acquisitions, the sale of the company, and the issuance of shares.

In the context of share valuation, the value of goodwill is often divided among the company's outstanding shares. This means that each share's value will be impacted by the company's overall goodwill.

In conclusion, the concept of goodwill is an essential consideration in the valuation of a company and its shares. It represents the intangible assets that contribute to a company's overall worth and can impact financial decisions significantly.