Data Update 1 for 2024: The data speaks, but what does it say?
Musings on Markets
JANUARY 5, 2024
Standard Deviation in Equity/Firm Value 2. Book Value Multiples 3. Thus, when computing my accounting return on equity in January 2024, I will be dividing the earnings from the four quarters ending in September 2023 (trailing twelve month) by the book value of equity at the end of September 2022. Profit Margins 1.
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