Data Update 1 for 2023: Setting the table!
Musings on Markets
JANUARY 6, 2023
Check rules of thumb : Investing and corporate finance are full of rules of thumb, many of long standing. 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. Cost of Capital 3. EV/EBIT and EV/EBITDA 4.
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