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He said: No prizes for spotting that RBS looks cheap, trading on a 2009 price/tangible net asset value multiple of just 0.65 times.
A UK listing could benefit the capital position if this were to be sold at a higher book value multiple than the group, but it would also sell a proportion of higher returns to minority shareholders.
MTC's book value multiple?
But Erste's book value multiple is well off a five-year average of 2.2.
The R2 value (multiple correlation coefficient) closer to 1 denotes better correlation between observed and predicted values.
But the stock's book value multiple stands below a five-year average, while its price-to-sales multiple is right in line with valuation history.
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That tends to value multiples higher because there's a lack of alternatives for common stocks.
"Gilead has among the best enterprise value multiples in the large-cap biotechnology space.
Currently the system uses two types of tickets: a single journey (one-way) ticket whose cost is dependent on the destination, and a stored value (multiple-use) ticket available for ₱100.
The global integral of benthic biomass was integrated from each cell value multipling the cell area on predicted map based on equidistant cylindrical projection.
Gannett's price-to-book-value multiple of 2.9 doesn't leap off the page as a bargain, but it does look decent next to a five-year average of 4.2.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com