Sentences with phrase «single measure of valuation»

I have found Professor Robert Shiller's P / E10 to be the best single measure of valuation so far.

[I have found Professor Robert Shiller's P / E10 to be the best single measure of valuation so far.

Not exact matches

There will always be conceptual issues with any single valuation measure, so the best we can do is evaluate valuations from the standpoint of multiple historically reliable approaches.

At Berkshire Hathaway's recent annual shareholders meeting, an investor asked Buffett about the relevance of two popular measures of stock market value: 1) market cap - to - GDP, which Buffett once heralded as «probably the best single measure of where valuations stand at any given moment» and 2) the cyclically - adjusted price - earnings ratio (CAPE), which was made famous by Nobel prize winner Robert Shiller and was seen as accurately predicting the dot - com bubble and the housing bubble.

In 2001, the Oracle of Omaha dubbed it as ``... the best single measure of where valuations stand at any given moment.»

Almost all of the factors and smart beta strategies exhibit a negative relationship between starting valuation and subsequent performance whether we use the aggregate measure or P / B to define relative valuation.9 Out of 192 tests shown here, not a single test has the «wrong» sign: in every case, the cheaper the factor or strategy gets, relative to its historical average, the more likely it is to deliver positive performance.10 For most factors and strategies (two - thirds of the 192 tests) the relationship holds with statistical significance for horizons ranging from one month to five years and using both valuation measures (44 % of these results are significant at the 1 % level).

Warren Buffett stated that market capitalization as a percentage of GDP is «probably the best single measure of where valuations stand at any given moment.»

Principle of contribution - A valuation principle that states that the value of any component of a property is measured by how much it adds to the net income (or market value if the subject property is a single family dwelling) by reason of its presence, or detracts from the net income (or market value) by reason of its absence.