Sentences with phrase «book values over time»

The thing that I found most interesting is how well (no pun) Wells Fargo has compounded their book value over time.
A couple of my favorite things to look for in determining quality is growth of book value over time (this tells me the company might have some sort of competitive advantage) and free cash flow yield (free cash flow divided by price - I like stock with 10 % FCF yield).
I know you've said that insurance stocks tend to follow their book value over time, but can trade in ranges from 0.5 to 2.0 times book... and I've read through your thoughts on adjusting book value for intangible items and AOCI.
Back when I was an analyst of the insurance industry, there were companies run by value investors that would present their returns that way showing the the growth in fully converted book value over time.
This reallocation will be a catalyst for sizable increases in Markel's investment returns, ROE, and book value over time.

Not exact matches

Over time, we believe this hidden book value will flow into earnings.
Given your belief that Berkshire's intrinsic value continues to exceed its book value with the difference continuing to widen over time, are we at a point where it makes sense to consider buying back stock at a higher break point that Berkshire currently has in place and would you ever consider stepping in buying back shares that did dip down below 1.2 times book value per share even if that prior years» figure had not yet been released?
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.
Pacific Energy is trading at over 1.4 times its book value and over 1.7 times its tangible book value.
Although he refers to «nutrient density» multiple times, nowhere else in the book does Fuhrman elaborate on this concept except for a Nutrient Density Line table (page 118) in which he lists over a dozen categories of foods, giving them each a nutrient density value ranging from 0 for Refined Sweets, 15 for Eggs, 30 for Raw Nuts and Seeds, 40 for Beans, 45 for Fresh Fruits, 50 for Non-Green Nutrient - Rich Vegetables and 100 for Dark Green Leafy Vegetables, etc..
When my first book did SO well straight away, getting picked up in Anthropologie, Urban Outfitters, Barnes and Noble, and over 400 stores worldwide, it just made me realize that though the success was amazing and so exciting, it was a moment in time to savor, rather than something that defines me as a person and my value.
His own work has shown that over time, the initial traits that people find attractive in others — like looks, charisma, and success — lose a lot of their value while the things that make people unique — like their favorite book or movies — become more important.
Jack R. Nerad, executive editorial director and executive market analyst for Kelley Blue Book's KBB.com said, «A vehicle's resale value is of critical importance because a vehicle with high resale value will typically be less expensive to own over time than a similar vehicle with poorer resale value
Kelley Blue Book expects the Mustang V6 to retain a slightly better - than - average residual value over time.
As for resale, Kelley Blue Book projects that over time the Sable will hold an average resale value, better than the Buick LaCrosse and the Chrysler 300, but lower than the Toyota Avalon.
From compact car, to luxury utility vehicle, to van and beyond, the Kelley Blue Book Best Resale Value category award winners will give you a look at the elite vehicles in retaining value over Value category award winners will give you a look at the elite vehicles in retaining value over value over time.
Over time, you'll certainly save money using the Kindle 2, especially if you do more than read books, but the true value of the device lies in having all this content available in a single, lightweight device.
This may be anecdotal but I am firmly convinced that people highly value their time and will choose a well - reviewed book over a no / low reviewed book.
My strategy is to continue writing books I'd want to read, and hope that my readership grows over time, and feels that my stories and prose are a fair value at their $ 5 or so price point.
You have the chance to connect directly with them, to compel them, to move them not only by the books you write, but by how genuinely you engage and provide value to them over time online.»
So genre, content and book's value over time decides the format for me.
«There is a great deal more in the selling and buying of books than simply making them available; it's a cultural and intellectual experience where relationships and understanding between booksellers and readers are developed over time and are highly valued within local communities,» said Mr Wright.
MKL is on my great company watchlist, and if it falls to book value or below, it's likely to be an outstanding long term investment that will allow shareholder returns to match or exceed book value growth over time.
In his latest book Stanley notes that three times more American millionaires live in homes valued at under $ 300,000 than over $ 1 million — and, in fact, says that moving to an enclave of upscale mock tudors is akin to moving to a wealth trap.
A more consistent measure of value is our tangible book value, which has had healthy growth over time.
Even better, the stock trades at 75 % of book value and at 8.3 times earnings, quite low considering the company has more than doubled its book value over the last 10 years.
While the book value of an asset may stay the same over time by accounting measurements, the book value of a company collectively can grow from the accumulation of earnings, generated through asset use.
There are limitations to how accurately book value can be a proxy to the shares» market worth when mark - to - market valuation is not applied to assets that may experience increases or decreases of their market values over time.
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.
And growing book value (producing high returns on equity over time) is something that Markel has excelled at:
For example, I've had a couple questions from clients similar to this: «It's great that Markel can produce 15 % ROE over time, but will we receive 15 % if we're paying above book value
Its stock trades at 1.3 times book value after posting a total return of 46 % over the last 12 months.
Figures 1 and 2 show how the valuation (price - to - book) ratio for low - beta and value stocks fluctuates over time, with low - beta stocks trading at the top of the valuation range and value stocks trading near its bottom.
The theory behind the Woronoco investment was that the bank, a recently converted mutual, ought to enjoy an annual ROE of at least 10 % going forward (non-troubled banks normally have ROEs of 8 % to 20 %), and that in five years, Woronoco could be taken over at two times book value because it operates in an industry where takeovers at better prices than two times book value are fairly common.
The book value has been more then doubled over the last decade and the stock currently trades for 1.79 times book (again converted to US dollars) which is below its long term average.
So we have high quality companies that are compounding their book values, cash flows, earnings, and sales over long periods of time, and they are selling at below average valuations.
We like BtM because the book value in the numerator is more stable over time than earnings or cashflow, which is important for keeping turnover down in a value portfolio.
Loughran and Wellman find that for nearly the entire market value of largest stock market (the US) over the most important time period (post-1963), the value premium does not exist, which means that book - to - market is not predictive in stocks other than the smallest 6 percent by market cap (and even there the returns are suspect).
In fact, low price - book value stocks have underperformed high price - book value stocks over shorter time periods.
Pacific Energy is trading at over 1.4 times its book value and over 1.7 times its tangible book value.
Over the weekend, while watching the Orioles win yet another series on their way to an American League title, I spent some time with a new e-book called Quantitative Value Investing in Europe: What Works for Achieving Alpha... Where the study really gets interesting is when the authors combine low price to book value with six - month relative streValue Investing in Europe: What Works for Achieving Alpha... Where the study really gets interesting is when the authors combine low price to book value with six - month relative strevalue with six - month relative strength.
Given your belief that Berkshire's intrinsic value continues to exceed its book value with the difference continuing to widen over time, are we at a point where it makes sense to consider buying back stock at a higher break point that Berkshire currently has in place and would you ever consider stepping in buying back shares that did dip down below 1.2 times book value per share even if that prior years» figure had not yet been released?
jck said that I should look at the decrease in book value in liabilities over time — that would measure the success of Maiden Lane III over time.
We like [book - to - market capitalization] because the book value in the numerator is more stable over time than earnings or cashflow, which is important for keeping turnover down in a value portfolio.
Book value is only fair if one can realize the value over time.
Markel's goal is to compound book value per share at a high rate over a long period of time.
This means higher returns for the investment portfolio over time, and it means above average book value compounding, which correlates over time with the intrinsic growth in value of the enterprise.
On top of this, IHG has properties all over the globe and it's amazing how many times I find myself booking a Holiday Inn or Holiday Inn Express when I need an airport hotel — this IHG credit card makes sure I maximise the value (in points) I can get out of those stays.
At a time of financial uncertainty, self catered holidays have soared in popularity as holidaymakers prefer the incredible value for money available when choosing a rental property over a hotel, with pureholidayhomes.com predicting that booking a self catered villa could save up to 60 % on your holiday costs when compared with a similarly classed hotel.
The one wrinkle this time around is that American is devaluing their award chart for bookings as of March 22, 2016, so in just over three months the value of those miles will decrease considerably.
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