The P / E (price to earnings) ratio is a measure of current value of a stock. (dividendstockanalysis.com)
Once homeowners hits 20 % equity based on current value, they can refinance into a conventional loan — one that does not require any mortgage insurance whatsoever. (themortgagereports.com)
You get credit for current value on the old shares you turn in, which is higher than the option price for the new shares you receive in the exchange. (fairmark.com)