Rules of thumb can be convenient and dangerous. When at the butcher, it s good to know that roughly half a pound of meat will feed a person. Using this rule of thumb helps ensure that your dinner ...
A price multiple is any ratio that uses the share price of a company in conjunction with some specific per-share financial metric for a valuation measure.
Valuing tobacco stocks using conventional methods (e.g., P/E, P/FCF, EV/EBITDA) can lead to overly optimistic expectations due to the known challenges of the cigarette industry. The article discusses ...