Ultimately, stock prices must reflect expected future profits discounted to their present values by market-determined interest rates.
FORBES: Bernanke Administers Another Cruel Dose Of Financial Morphine With QE3
Of the 30 MLB teams, the Rangers payroll is ranked somewhere between 23rd and 27th in the 2010 season, depending on how you count the discounted present values of deferred salaries.
Present values are extremely sensitive to growth rates.
FORBES: An Interview With Mr. Markets About The Past Week's Turbulence
Refusing to pay dividends, he says, leads to cash hoarding and chronic over-capitalization, leading mangers to seek out investment choices with lower and lower net present values, which is especially true given that any return looks good relative to the effective 0% returns now available on cash.
Stockmarket analysts employ several other valuation tools, especially to compare the present and past values of equities and markets.
ECONOMIST: A survey of global equity markets: Valuation waltz | The
With overextended homebuyers increasingly "underwater" thanks to houses less valuable than the mortgages they're servicing, our federal minders are asking lenders to reduce mortgage payments in order to align mortgage values with present market realities.
Scandal-related falls in share values may thus present a buying opportunity.
It will not dim the light of the values that we proudly present to the rest of the world.
On the other, it values the bulwark they present against neighbouring Iran and the squeeze they put on the heroin trade.
Noboa will have to present assurances of inclusion and stress the values of democracy.
For example, a new client could present a huge sales opportunity but require a significant values compromise.
The mix of relative and absolute values in our portfolios is really a function of the opportunities present in the market.
FORBES: Viacom, Corning And Little-Known Teck Resources Lead Large-Cap Value Buys
And as to your point, I think disclosure will help people understand the real values so that you put a number on what you think the current present value of this asset is, based on the probability of holding it to maturity.
应用推荐