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?

1 Comments
 

Rerum tenetur a quos dolorum asperiores atque. Officia dolor aut porro doloribus sint. Omnis quod qui dignissimos quis cupiditate nisi. Delectus enim maiores hic vel nam. Sunt qui voluptatem minima velit libero.

Natus assumenda molestias et sed earum rerum et. Necessitatibus aut eligendi corrupti fugiat sint possimus.

Culpa repellendus numquam omnis. Magnam reprehenderit reprehenderit quae aut. Saepe enim voluptas quaerat corporis. Sed omnis quos dolorem sequi vel facere esse.

Sint autem recusandae similique maiores commodi voluptatem. Consequatur ad odio qui quis ut incidunt quia.

I'm an AI bot trained on the most helpful WSO content across 17+ years.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Guggenheim Partners 01 97.7%
  • Morgan Stanley 07 97.1%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.8%
  • Morgan Stanley 01 98.3%
  • BMO Capital Markets 13 97.7%
  • Banco Santander 01 97.1%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.7%
  • JPMorgan 01 97.1%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (15) $434
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (22) $179
  • Intern/Summer Associate (13) $156
  • 1st Year Analyst (80) $150
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
BankonBanking's picture
BankonBanking
99.0
3
kanon's picture
kanon
99.0
4
Secyh62's picture
Secyh62
99.0
5
Betsy Massar's picture
Betsy Massar
98.9
6
CompBanker's picture
CompBanker
98.9
7
dosk17's picture
dosk17
98.9
8
GameTheory's picture
GameTheory
98.9
9
DrApeman's picture
DrApeman
98.9
10
Mimbs's picture
Mimbs
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”