Remove Book Value Remove Definition Remove Firm Value
article thumbnail

Data Update 1 for 2025: The Draw (and Danger) of Data

Musings on Markets

Standard Deviation in Equity/Firm Value 2. Book Value Multiples 3. While some of the variables are obvious, others are subject to interpretation, and I have a glossary , where you can see the definitions that I use for the accounting variables. Historical Growth in Revenues & Earnings 1. Profit Margins 1.

article thumbnail

Data Update 1 for 2023: Setting the table!

Musings on Markets

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. Standard deviations in equity and firm value 4. Cost of Debt 2. Standard deviation in operating income 3. Cost of Capital 3.