Sentences with phrase «many valuation metrics»

Valuation metrics suggest the market is priced at a high level yet liquidity abounds and its influence is intense.

Look at valuation metrics such as price - to - earnings and price - to - book, and compare those valuations to comparable firms.

It's very hard to apply valuation metrics to AI.

As a result, we do not see equity valuation metrics falling back to historical averages.

Normalized P / E - our preferred valuation metric - has explained 80 - 90 % of returns over the subsequent 10 - 11 years.»

Normalized P / E — our preferred valuation metric — has explained 80 - 90 % of returns over the subsequent 10 - 11 years.»

Backed by a profitable business that still has avenues to growth, and with valuation metrics that leave room for substantial upside, Bitauto has the markings of an overlooked stock that could do big things.

If every valuation metric I can find didn't suggest the domestic equity (and real estate) market is historically expensive, I'd try to follow Buffett's advice for his wife's estate and put 90 % of my assets in broad market equity index funds.

Some analysts link criteria to performance and / or valuation metrics such as earnings - per - share growth (EPS) or the price - to - earnings (P / E) ratio.

We do this using valuation metrics such as the Price - to - Earnings Ratio, Price - to - Book Ratio, or Earnings Yield.

One popular valuation metric, the Equity Risk Premium (ERP), can be useful in assessing both relative returns and the right mix of stocks versus bonds.

Third, academic research has found that valuation metrics, such as the earnings yield (E / P) or the CAPE 10 earnings yield, and valuation spreads have predictive value in terms of future returns.

By just about any valuation metric you care to use, U.S. stocks are not cheap; however, too many investors are overly concerned about valuations.

However, there is one valuation metric, price - to - book («P / B»), that, at first, appears to correlate strongly with ROE.

In the presence of a broad range of reliable valuation metrics uniformly at more than twice their historical norms, coupled with the most severe overvalued, overbought, overbullish, rising - yield syndrome we define, it is instructive how shorter - term action has evolved near those points.

But please recognize that with every valuation metric confirming that the market is very expensive right now, this is not the time to be greedy.

Taking all valuation metrics into account along with the company's growth prospects, my advice is to buy on the dips (particularly for the Canadian shares, which look to be less attractively valued).

Its pleasing simplicity and ease of application make the P / E ratio one of the most commonly used valuation metrics in the world.

And valuation metrics based on revenue / earnings forecasts use standard Wall Street analyst «hockey stick» projections.

But I like the growth rate and the current valuation metrics compared to others in the industry.

For instance, as measured by price - to - earnings (P / E) and price - to - book (P / B) valuations metrics, EM stocks continue to trade at a roughly 30 % discount to the broader global equity market (source: MSCI, as of 3/31/2015).

Although traditional high dividend payers (think the utilities and telecom sectors) have performed strongly in recent years, they've become quite expensive by most valuation metrics.

There is some downside, such as the fact that the company is solely dependent on the oil and gas industry, whereas some peers have also diversified into high - margin industrial and specialty products, but shares trade at comparable valuation metrics to peers nonetheless.

While REITs are still roughly 25 % off their all - time highs, several valuation metrics suggest that they may not be big bargains any more.

Below are two of the best long run valuation metrics for US equities: Tobin's Q ratio or replacement cost and CAPE or the cyclically adjusted price to earnings or PE ratio.

Wall Street analysts love to measure the stock market based on various price metrics, performance metrics and valuation metrics.

Valuation metrics such as the price - to - rent and price - to - household income ratio suggest that homes are more than 60 % overvalued nation - wide.

That said, when various valuation metrics all point toward the same conclusion, that a wonderful company's stock is below or near it's fair price, action is warranted.

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.

Meanwhile, price - to - earnings is not considered the optimal valuation metric for REITs like Ventas and Health Care REIT, but it is a method that permits comparisons to other types of stocks.

Valuation metrics will have to be reassessed too.

My ETF portfolio is complemented by a high - yielding stock portfolio, which I manage according to my own valuation metric.

My ETF portfolio is complemented by a high - yield stock portfolio, which I manage according to my own valuation metric.

Understanding the industry is very helpful when valuing companies because different industries might have more useful valuation metrics than others.

The company also looks cheap on conventional valuation metrics, as it has a P / E of just 16x.

European equities are not that cheap anymore by a number of valuation metrics; they are trading at an average of about 17 times earnings, which is not a wide undervaluation.1 In my view, the main reason to invest in European equities is the potential for, or the expectation of, a rise in corporate earnings that would be driven by the improving economic environment.

For over 95 % of the world's market cap, we provide apples - to - apples corporate performance and valuation metrics.

Use buybacks in combination with valuation metrics to ensure management is repurchasing at a discount.

Deep Value is a practical guide that reveals little - known valuation metrics that activist investors and other contrarians use to identify attractive, asymmetric investment opportunities with limited downside and enormous upside.

Book - to - Price is perhaps the most widely used valuation metric in the investing industry.

Although valuation metrics are key longer term guideposts, liquidity and trend importantly influence short term investor thinking and behavior.

Table 1 shows the excess returns for a number of valuation metrics within the U.S. Large Stocks universe, stocks trading in the U.S. with a market capitalization greater than average from 1964 to 2015.

We have found price - to - sales to be a useful valuation metric within the retail industry, and given Amazon's growth comes largely at the expense of traditional retailers, we believed Amazon should be priced at a higher ratio of sales than its competition.

This is true whether you measure S&P 500 valuation by the cyclically - adjusted price - to - earnings ratio, the market - capitalization - to - GDP ratio, the price - to - book - value ratio, the average dividend yield, or most other valuation metrics.

The cyclically - adjusted price / earnings ratio («CAPE»), among other valuation metrics, suggests that stocks are priced to deliver flat or negative returns over the next decade.

According to most valuation metrics, the S&P 500 and the C Fund that follows it is in its second most overvalued period ever, with the Dotcom Bubble of 2000 being the single most overvalued.

Other valuation metrics tell a similar story: Stocks are expensive, although it is not clear that they are yet in bubble territory.

Some analysts argue that since sales are harder for corporations to manipulate than net income, the price - to - sales metric is closer to the «true» valuation of the market than other valuation metrics.

This suggests comparing today's valuation metrics to past levels may not be as useful a guide to future returns as in previous cycles.

-LSB-...] The Index next separates the top 25 % of these countries as measured by Cambria's proprietary long term valuation metrics.