Your English writing platform
Discover LudwigSimilar(60)
On the best long-term measure, Robert Shiller's cyclically adjusted price-earnings ratio (which averages profits over ten years), valuations in 1999 were more than a third higher than their previous peak, just before the great crash of 1929.
Over the last couple of years valuations have come down dramatically.
In the past few years valuations have risen significantly, making funds look like they will have good returns — if they have the exits to back it up.
Christina Hirst is chief executive of the CSTT and a chartered valuation surveyor with 15 years valuation and property management experience in the corporate, private and academic sectors.
Over the past few years, valuation growth has outpaced earnings growth by far.
Trading at 18 times trailing earnings and 15 times expected year-ahead earnings, the capitalization-weighted S&P 500 Index remains at the low end of its ten-year valuation range.
At 13 times expected 2005 per-share earnings of $4.57, the stock trades toward the low-end of its five-year valuation range and at a discount to some peers.
At 11 times expected 2005 per-share earnings of $2.25, the stock trades towards the low end of its five-year valuation range and at a discount to its peers.
BHP Billiton and Rio Tinto trade below their 10-year valuation history using enterprise value to EBITDA multiples as the yardstick.
"After the declines of the last few years, stock valuations today reflect the growth potential of a stronger economy," he said.
During the last few years, soaring valuations for Internet companies have prompted investors to finance thousands of would-be imitators, and established firms of all kinds have responded by spending heavily on information technology and e-commerce.
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