SI
SI
discoversearch

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.
Technology Stocks : Applied Materials No-Politics Thread (AMAT) -- Ignore unavailable to you. Want to Upgrade?


To: Mark Marcellus who wrote (3286)9/26/2002 11:04:16 AM
From: Cary Salsberg  Read Replies (1) | Respond to of 25522
 
RE: "...there is no defined relationship between earnings and book value..." and "ROIC is an example of an often used metric which defines that relationship."

Your second statement supports the first. Since there is "no defined relationship" (general rule), "ROIC is...used as a metric" to measure the results on a company by company basis. If there were a "defined relationship", ROIC would be the relationship constant.