Sentences with phrase «between valuation metrics»

Not exact matches

We composed a blend of five key valuation metrics — including forward price - to - earnings ratios and price - to - book value — and examined how strong the relationship was between starting valuations — or valuations at the time of purchase — and the variability of subsequent U.S. dollar returns over time.

A valuation metric for determining the relative trade - off between the price of a stock, earnings generated per share (EPS), dividend yield and the company's expected growth.

We composed a blend of five key valuation metrics — including forward price - to - earnings ratios and price - to - book value — and examined how strong the relationship was between starting valuations — or valuations at the time of purchase — and the variability of subsequent U.S. dollar returns over time.

In the first article of this series we demonstrate the relationship between valuations (defined as P / B) and returns on a five - year horizon, fully aware that P / B is only one of several valuation metrics and that the five - year comparison was not ideal for fast - turnover factors and strategies.

They can't arbitrate the debate between bulls and bears because valuation metrics don't reliably mean - revert.

Popular metrics of aggregate market valuation, such as Wilshire Total Market Index to U.S. GDP, price to forward earnings ratio, price to book value ratio, price to cash flow ratio, cyclically adjusted price to earnings ratio (CAPE), the ratio of annual forward dividend to price (dividend yield), indicate the U.S. stock market is overvalued by between 10 per cent and 60 per cent.

Likewise, we can see major disconnects between the stock's current basic valuation metrics (P / S, P / B, etc.) and their respective recent historical averages.

An essential albeit crude valuation tool — many valuation metrics can not be meaningfully applied across borders and between regions; there's simply too much complexity in the way different markets operate.

Prior studies have provided compelling demonstrations of the importance of linkages between climate change and air quality valuation (e.g. (Caplan and Silva 2005; Nemet et al. 2010; Tollefsen et al. 2009)-RRB- and of the incorporation of economics into emission metrics (e.g. (Johansson 2012; Tanaka et al. 2013)-RRB-, but typically have not fully represented the climate impact of short - lived emissions, especially aerosols and methane (e.g. (International Monetary Fund 2013; Muller et al. 2011; NRC 2010)-RRB-.

When valuing properties, we believe the market places too much emphasis on historical performance and in - place tenants, and this misplaced analysis leads to discrepancies in valuation metrics between stabilized and transitional properties.