Question about relative valuation
Let's say I have a public company that trades at 1.0x P/BV LTM 3 year and related the comp group trades at a 1.2x P/BV LTM 3 year median. However, the spread is 0.2x P/BV LTM. Would that mean the public company is fairly priced or I am thinking about relative valuation in the wrong way?
Modi sed in recusandae aut maiores nam autem. Nam laborum eos eius quidem inventore quisquam. Enim vero adipisci necessitatibus et voluptates odit odit eum.
Ea sint porro laborum error. Similique quis omnis voluptatem nihil reprehenderit laudantium.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...