Exact(2)
While industry valuations are in line with the market — CF Industries trades at 14 times estimated earnings, for example — they deserve a premium.
At 75 percent of the replacement cost for the rigs, analysts at Tudor Pickering estimate that the price is in line with industry valuations.
Similar(58)
These industry valuation averages are based on MSCI data.
The tech bubble is focused around the automotive industry, with valuations per employee at a staggering $10 million.
"This is a very good time for local investors to buy into the industry, when valuations are very low," said John Meyer, a mining analyst at SP Angel, told the BBC World Service.
The Nasdaq crash and technology slump that started in March 2000 shook virtually the entire venture capital industry as valuations for startup technology companies collapsed.
"As such, we await more equity-to-debt swaps announcements in the coming months as we expect several restaurant companies to take advantage of current 'forever-low' industry-wide valuation levels".
Indeed, Cadbury is still citing other industry acquisitions with valuations that imply Kraft needs to pay something closer to 900 pence.
As a result, a "conglomerate discount" is said to apply to businesses that refuse to stick to one industry, leading to valuations considerably lower than the sum of their parts.
(Nobody in the Facebook app industry believes Adonomics' valuations, but that is a different story).
And given the hefty valuations industry leaders command, it's easy to envision at least a few of today's early-stage companies joining the unicorn club.
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