Musings on Markets

MAY 7, 2023

Consequently, you can only value the equity in a bank, and by extension, the only pricing multiples you can use to price banks are equity multiples (PE, Price to Book etc.). Price to Book Ratio: Choice and Drivers There is no sector where price to book ratios get used more than in banking and financial services, for two reasons.

Banking 64

Banking Price to Book Dividends Book Value 64

Musings on Markets

JANUARY 9, 2021

Challenge rules of thumb and conventional wisdom : Investing has always had rules of thumb on how and when to invest, ranging from using historical PE or CAPE ratios to decide if markets are over valued, to simplistic rules (eg. buy stocks that trade at less than book value or trade at PEG ratios less than one) for individual stocks.

Risk Premium 52

Risk Premium Market Capitalization Equity Start-ups 52

Musings on Markets

JULY 22, 2021

Restaurant Raw Material : In 2018, Zomato introduced HyperPure, a service directed at restaurants, offering groceries and meats that are source-checked for quality. The service was initiated in 2017 and it had 1.5 Zomato's platform has the benefit of large numbers, but it falls short on both intensity and proprietary data.

Marketability 89

Marketability Start-ups Equity Price to Book 89