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Data Update 1 for 2024: The data speaks, but what does it say?

Musings on Markets

Standard Deviation in Equity/Firm Value 2. Book Value Multiples 3. EBIT & EBITDA multiple s 5. Working capital needs Thus, I compute pricing multiples based on revenues (EV to Sales, Price to Sales), earnings (PE, PEG), book value (PBV, EV to Invested Capital) or cash flow proxies (EV to EBITDA).

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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. EV/EBIT and EV/EBITDA 4. Standard deviations in equity and firm value 4. EBITDA, EBIT and EBITDAR&D Margins 3.