An alternative measure, the Q ratio, which compares shares to the replacement cost of net assets, shows the American market as 50% overvalued, according to Smithers & Co, a consultancy.
You see the L3 curriculum might come in handy after all for you jabronis.
Stud, this is the first comment I have ever seen you make that was even remotely intelligent. I’m proud of you!
Companies don’t have assets any more quite like they used to . Apple for instance is highly overvalued if you compute replacement cost of assets . Can you however replace Apple ?
All the major IT orgs are low on assets but are valued highly by the market . Does that mean their prices are completely out of whack? For example is a 200 B dollar company actually worth only 1 B dollar based on replacement cost ?
Q is an old world measure IMHO
still an elementof randomness but not without content.all hail the muffun