Musings on Markets

MAY 7, 2023

Consequently, you can only value the equity in a bank, and by extension, the only pricing multiples you can use to price banks are equity multiples (PE, Price to Book etc.).

Banking 63

Banking Price to Book Dividends Book Value 63

Musings on Markets

JANUARY 9, 2021

The second was that, starting mid-year in 2020, equity markets and the real economy moved in different directions, with the former rising on the expectations a post-virus future, and the latter languishing, as most of the world continued to operate with significant constraints.

Risk Premium 52

Risk Premium Market Capitalization Equity Start-ups 52

Andrew Stolz

JANUARY 12, 2022

Hyundai has fallen from one of the most profitable carmakers to below-average profitability in 2020. Mainly from fierce price competition, higher labor costs and the recent chip shortage. A price-to-book ratio of less than 1x indicates that the market values the net assets less than the balance sheet suggests.

EBIT 52

EBIT Price to Book Book Value Liquidation Value 52

Musings on Markets

JULY 17, 2023

In 2022, old-time value investors felt vindicated, as the damage that year was inflicted on the highest growth companies, especially in technology. US Equities in 2023: Into the Weeds! The Rest of the Year: What's coming?

Marketability 95

Marketability Risk Premium Start-ups Treasury 95

Musings on Markets

JULY 22, 2021

Revenues did drop in 2020, as COVID restrictions put a crimp on the restaurant business, but the quarterly data suggests that business is coming back. Revenue Share : While the market share and total market yield the gross order value for Zomato, the company posts only its share of these orders, as revenues.

Marketability 86

Marketability Start-ups Equity Price to Book 86