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At present, Frontier trades for 11 times Chow's estimated 2007 profits of $3.20 per share, a slight premium to the industry average multiple of 10. "Holly and Frontier are the two most profitable refiners, barrel for barrel, and should trade at a premium valuation," remarks Chow.
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A slightly more detailed elaboration on the features of this valuation approach is given in Remark 9.
2. Valuation.
Consider the valuation dynamics.
Valuation is his mantra.
One issue is valuation.
Joe's valuation policies.
valuation speculation is happening".
This requires valuation.
Remarks Egyptologist.
Inventory Valuation.
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