Sentences with phrase «known measures of valuation»

Not exact matches

Moderate interest rates were associated with a whole range of subsequent returns over the following decade, and we know that those outcomes were 90 % correlated with the level of valuations at the beginning of those periods (on reliable measures such as market cap / GDP, price / revenue, Tobin's Q, the margin - adjusted Shiller P / E, and others we've presented over time - see Ockham's Razor and the Market Cycle).

In conjunction with stock valuation ratios like the price - to - earnings ratio and the price - to - earnings - growth ratio, a stock's measure of volatility known as beta can help investors build a diversified...

Instead, they've run their finances conservatively enough that they can sit on depressed valuations for years at a time, knowing that they are still earning a good rate of return when measured as the cash flow that belongs to them relative to the price they paid for their ownership stake.

Netflix's stock valuation has been a constant source of debate for years, and currently is trading at a price - to - earnings (P / E) ratio of 123x, which is rich by almost every measure — no matter what kind of business model it is.

In conjunction with stock valuation ratios like the price - to - earnings ratio and the price - to - earnings - growth ratio, a stock's measure of volatility known as beta can help investors build a diversified...

The green line in Panel A traces a new (as far as we know) phenomenon that has received little or no attention in the academic or practitioner literature: the trajectory of relative valuation, measured by P / B, of the value portfolio relative to the growth portfolio.

When relative valuation is gauged using the aggregate measure (reported in the right-most column of Tables 1 and 2 for both aggregate and P / B valuations), we find that the cheapest stocks based on B / P are no longer cheap.