4 ms·
If you value stocks based on book value + dividends and discounted cash flow, this bubble's been going on for almost a hundred years by now. We've just gotten u
by chillacy 6y ago
If you value stocks based on book value + dividends and discounted cash flow, this bubble's been going on for almost a hundred years by now. We've just gotten used to the new multiples.
- Aunche 6y agoYou also have to factor in growth into the equation as well. That's the most subjective part of a company's valuation.
- eloff 6y agoI don't see that. You'll need a source if you want to argue that. We've gone through cycles of higher and lower valuations. You also need to compare that to interest rates, because lower rates make the market more forward looking.