Data Update 1 for 2023: Setting the table!
Musings on Markets
JANUARY 6, 2023
For example, I have seen it asserted that a stock that trades at less than book value is cheap or that a stock that trades at more than twenty times EBITDA is expensive. Price to Book 3. Check rules of thumb : Investing and corporate finance are full of rules of thumb, many of long standing. Cost of Equity 1. PE & PEG 2.
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