Value Investing Message Board

STOCKTALK

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor. We ask that you disable ad blocking while on Silicon Investor in the best interests of our community. If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.

Strategies & Market Trends : Value Investing

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next

To: Spekulatius who wrote (62244)	7/26/2019 9:18:42 PM
From: Elroy	Read Replies (1) of 78758

I also think that most value indexes screw towards P/B which is a questionable metric and becomes more questionable as time passes. If you don't use price to book to judge value, what in the world do you use? You can adjust book value for this and that (good will, etc.), but my general thoughts on value and growth are...... A Value Stock is a stock with a price to book below its comparable group, and A Growth Stock is a stock with revenues/earnings/cash flow growth above it's comparable group. You get to choose the comparable group, and you can adjust book value/revenues/earnings/cash flow as you deem appropriate, but those two definitions are basically it in a nutshell ---- I recall reading WSJ articles in the 1990's where some Value fund manager was doing great with Cisco as his top holding, and his explanation was the "I see value in Cisco....."

Report TOU Violation

Share This Post

Public Reply Prvt Reply Mark as Last Read File

Previous 10 Next 10 Previous Next