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"Worth" in the case of stock market cap is a direct reflection of perceived current and future profitability. It is not just a simple summing of assets minus de
by strgcmc 9y ago
"Worth" in the case of stock market cap is a direct reflection of perceived current and future profitability. It is not just a simple summing of assets minus debts = net worth. In fact, the thing you're talking about is simply comparing apples to oranges.
This is like being surprised that corporations have a higher market cap than the sum of the net worths of its employees; it's not really a sensible thing to compare.