Remove Book Value Remove Firm Value Remove Market Capitalization Remove Price to Book
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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. Data universe : In my sample, I include all publicly traded firms with market capitalizations that exceed zero, traded anywhere in the world.