Not exact matches
At its current valuation
of ~ $ 67 / share, HLF has a price to economic
book value ratio (price - to - EBV)
of 1.2 That ratio means that the market
expects only 20 % growth in NOPAT for the remainder
of HLF's existence.
The stock trades at just about 11 times its
expected earnings for next year — and it trades at the widest discount - to -
book value of the major banks.
At its current valuation
of ~ $ 7 / share, OCLR has a price to economic
book value (PEBV)
of just 0.7, which implies that the market
expects OCLR's after - tax operating profit (NOPAT) to permanently decline by 30 %.
UVE has a price to economic
book value (PEBV)
of just 1.2, which implies that the market
expects the company to grow after - tax operating profit (NOPAT) by no more than 20 % for the remainder
of its corporate life.
At its current price
of ~ $ 32 / share, Cisco has a price to economic
book value (PEBV)
of just 0.9, which implies that the market
expects a permanent 10 % decline in after - tax profit (NOPAT).
SNA's enterprise
value per invested capital (a cleaner version
of price to
book)
of 2.1 implies that the market
expects its ROIC to decline below 7 %.
Its price to economic
book value (PEBV)
of 0.8 implies that the market
expects a permanent 20 % decline in NOPAT.
I love Bill Johnson's quote, «It's difficult to
expect the same fruit
of the early church when we
value a
book they didn't have more than the Holy Spirit they did have.
Every year, the experts at Kelley Blue
Book hand our their Best Resale
Value Awards, which recognize the vehicles that are
expected to maintain the most
of their original list price after five years
of ownership.
To help raise buyers» awareness
of resale
value, Kelley Blue
Book recently released a list
of the 10 new vehicles it
expects to retain the highest percentage
of their original sticker prices after five years on the road.
As for resale
value, Kelley Blue
Book expects the Flex to hold a good portion
of its original purchase price, on par with the Chevy Traverse, but falling slightly behind the Honda Pilot.
Considering resale
value, Kelley Blue
Book expects the Flex to hold a good portion
of its original purchase price, on par with the Chevy Traverse, but falling slightly behind the Honda Pilot.
Mostly, I
expect to save money with an ereader over a physical
book, because I do not get a tangible object
of any
value beyond the intellectual property that I can borrow — until the content provider, be it Amazon or B&N decides to remove it from my device.
I wouldn't
expect a right winger to understand the
value of books, or frankly to have read any they weren't forced to by teachers in their youth.
And this toxic culture is not only about the big businesses who must make a profit to sustain their systems; it's not about readers being trained to
expect free
books; it's not about a handful
of authors scamming the system — the root
of the problem is authors not
valuing their own work enough to treat it like a business and
expect to be paid for their labor.
With the move to things like mobile apps, online
booking and check - in, and even a catalog
of hundreds
of titles to choose from for the typical guest newspaper that now appears seamlessly each morning on a guest's mobile device, today's traveler
expects not only convenience and price, but a greater level
of affordability and
value thanks to the self - service, digital concepts.
Furthermore, even if
book sales were to decline, it is our belief that the discounted
value of the future stream
of cash flows that BKS could
expect to generate, otherwise known as its intrinsic
value, would far exceed the current enterprise
value of the Company.
And while this isn't a required
book metadata field, there is immense
value in doing so because it is a huge endorsement
of your work, so, in this chapter, you can
expect us to discuss how reviews lend themselves immensely to the success
of your
book.
This could be a free mini ebook or video which offers added
value and gives the person an idea
of what can be
expected in the
book.
The company said on Dec. 2 that it would
book $ 485 million in pretax charges to write down the
value of its PlayBook inventory and that it doesn't
expect to meet its full - year earnings target.
Condition can make the
value of a
book vary drastically, so don't
expect your creased copy
of Incredible Hulk # 1 to sell for the same amount as a high - graded copy.
According to a new market research report published by Credence Research, Inc. «
Book Paper Market By product type (Uncoated Wood Free, Coated Wood Free, Coated Mechanical, Uncoated Mechanical) By Application (Educational, Academic / Professional, Trade / Consumer Books, and Others)- Growth, Future Prospects and Competitive Analysis, 2017 — 2025,» the global book paper market was valued at US$ 8,485.82 Mn in 2016, and is expected to reach US$ 10,483.93 Mn by 2025, expanding at a CAGR of 2.5 % from 2017 to 2
Book Paper Market By product type (Uncoated Wood Free, Coated Wood Free, Coated Mechanical, Uncoated Mechanical) By Application (Educational, Academic / Professional, Trade / Consumer
Books, and Others)- Growth, Future Prospects and Competitive Analysis, 2017 — 2025,» the global
book paper market was valued at US$ 8,485.82 Mn in 2016, and is expected to reach US$ 10,483.93 Mn by 2025, expanding at a CAGR of 2.5 % from 2017 to 2
book paper market was
valued at US$ 8,485.82 Mn in 2016, and is
expected to reach US$ 10,483.93 Mn by 2025, expanding at a CAGR
of 2.5 % from 2017 to 2025.
As you might
expect,
value investors want to buy lots
of book value for a low price, all else being equal.
Book value is what you can
expect to get for the make / model
of the car, that may be more or less than the depreciated
value as well as more or less than what you can actually get — there is no connection between any
of them.
The price to tangible
book value ratio to some degree overcomes this issue and more closely represents what common shareholders can
expect to receive if the firm goes bankrupt and all
of its assets are liquidated at their
book values.
Still, the
value effect received its most famous academic endorsement in a 1992 paper by finance professors Eugene F. Fama and Kenneth R. French, who defined
value stocks as those shares that trade at a low price relative to their
book value («The Cross-Section
of Expected Stock Returns,» Journal
of Finance, Vol.
While price - earnings ratios based on recent or
expected earnings can sometimes be misleading,
book value often provides a steadier gauge
of a company's
value.
The deferral
of earnings to the future reduces
book value, reduces short - term earnings relative to
book value, and increases
expected long - term earnings growth.
For MBIA,
book value is adjusted to reflect the company's equity in unearned premiums, and for Forest City Enterprises,
book value is adjusted to reflect the capitalized
value of expected future rental income from credit - worthy tenants.
Ignoring this for a moment, gross debt
of USD 119 M amounts to 59 %
of vessel
book value, well inside the usual 50 - 65 % range I'd
expect to see.
Considering that most
of these deals are no longer in place (other than a few million in fees that MFCAF receives from TTT), I wouldn't
expect MFCAF's
book value to continue growing at such a phenomenal pace.
There are only 8 weeks to go until this conference and for a short time you can get a discount by using «GREENBACKD - 22MAY» when
booking (expires 17th April 2014) This will also be a unique networking opportunity as this conference is the largest gathering
of value investors in Europe, we
expect there will be 400 paying delegates present this year.
The stake's on Donegal's
books at 23.8 M, and last
valued by the court at 26.2 M — considering more recent deals, I'd hope /
expect Donegal can successfully argue for a significantly higher valuation multiple, but obviously that will also depend on the evolution
of MMM's EBITDA... They should also argue against what seemed like debatable adjustments to MMM's EV previously.
Tangible
book value is what shareholders
of the company can
expect to receive if the company were to go bankrupt and takes out items such as goodwill that no one buys when assets are liquidated.
The bad news is they have been in the bottom 37 % for the last 5 years, I would not
expect the fund to be in the top 9 % in the next 15 years as the average size company is 3 times that
of the average small - cap
value fund and their price - to -
book ratio is higher than the average small - cap average P / B.
Financial stocks should always be
valued on a combination
of price - to -
book and price - to -
expected - earnings.
[And as for any actual existential risk Saga Furs might face, I've also written about that before: Based on the company's ongoing earnings / dividends, the substantial gap between the current share price &
book value (which I believe is fully realisable in a wind - down scenario), the likely implementation
of transition periods / grandfathering clauses / a compensation regime / etc... I'd
expect Saga Furs would turn out to be a decent investment regardless, even in such a (remote) scenario.]
Finally, and perhaps most importantly, P&C companies do not substantially inflate their
book values with deferred acquisition costs (up - front costs to acquire a customer amortized over the
expected life
of a contract) like life or disability insurance underwriters do.
For the most part, however, they should provide you with an idea
of what kind
of value you can
expect to receive when you use Hilton points to
book a night at a Waldorf property.
According to an October 2012 study from Travelport entitled «Assessing the Online Travel Opportunity: The Middle East», conducted in association with global travel market research company PhoCusWright, this upward trend is predicted to continue with online
bookings expected to account for 22 %
of all travel
bookings made in the region within the next two years, with a total
value of US$ 15.8 billion.
For one, the annual credit card fees (usually between $ 60 and $ 85) and fees that are sometimes involved in
booking tickets using air miles rewards reduce the
value of your air miles and can end up costing the cardholder more for flights or upgrades than they may have
expected.
Allen: As is the case with any financial asset, the dollar
value of a salesperson's
book of business depends on the future income stream the
book can be
expected to generate over time.
A «growth» company is not defined as one whose returns are
expected to grow strongly: instead, it's a company whose stock price is already inflated relative to its earnings or the
book value of its assets.