Your English writing platform
Discover LudwigSuggestions(2)
Exact(7)
Since the start of that year, the real value of equities has shrunk by 0.1% a year (see chart).
Bulls use low rates to reduce the discount rate they apply to future earnings, thus increasing the present value of equities.
Among the sea of numbers of note the day after the Dow's 4 percent rout: Bloomberg News notes that more than $4.5 trillion has been erased from the value of equities worldwide since July 26.
Such was the meltdown in financial markets that in 1974, when the value of equities fell by half, some bonds could be purchased for the price of their coupon.
Conversely, capital's share of profits has been rising, which of course raises the value of equities (though, stock prices have continued to rise in countries such as the US and the UK where labour shares have begun at least a cyclical recovery, and where interest-rate hikes may soon be on the horizon).
And despite the lack of computing power in his day, his research stands the test of time; a conference in England's Cambridge tried to pick holes in his early work with the fanciest tools, yet Mr Tobin came up trumps.Tobin's Q, a measure of the relative value of equities that compares stockmarket values with the replacement cost of net assets, is probably his most enduring monument.
Similar(51)
TOTAL VALUE OF EQUITY -- The sum of the previous two numbers.
However, that includes the value of equity awards that did not vest.
TOTAL VALUE OF EQUITY HOLDINGS The value of shares owned plus the value of previously awarded options that have not yet been exercised.
But the irony is that when it comes to the loans they make, most of them understand the value of equity perfectly well.
In cases where deferred compensation is invested in company stock, amounts listed here may also be included in the total value of equity holdings.
Write better and faster with AI suggestions while staying true to your unique style.
Since I tried Ludwig back in 2017, I have been constantly using it in both editing and translation. Ever since, I suggest it to my translators at ProSciEditing.

Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com