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That's not the definition used in the article, which looks at stocks which have low market cap compared to book value, i.e. total reported assets.
by dmurray 6y ago
That's not the definition used in the article, which looks at stocks which have low market cap compared to book value, i.e. total reported assets.
- mcguire 6y agoThose are two valid definitions of value stocks. Earnings are easy to calculate but not terribly good. Book value is a better measure but it's just a made-up number.