Ge's shares lost more than half their value last year, largely because of the poor performance of its financial services arm, ge Capital.
通用的股票相比去年的价值已经下降一半还多,主要原因是通用金融服务部门美国通用金融的表现不如人意。
A distressed financial company might be valued at 70% of that, but GE Capital isn't in such bad shape and perhaps deserves to be valued at book.
陷入困境的金融公司的估值可能是账面价值的70%,但通用金融的状况并没有这么糟糕,也许其估值应同账面价值一致。
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