By the final low in October 1974, the NYSE Composite had lost over half its value.
At one point in the early afternoon in New York, the Nasdaq composite index - which reflects the value of tech firms - was down nearly 7% on the day, and had plunged to just half its value from from the high point of 5, 048.6 it reached on 10 March.
The ranking measures a composite of sales, profits, assets and market value.
Our annual scorecard of the best and worst chief executives starts with the 500 largest U.S. companies as measured by a composite of sales, profits, assets and market value.
Based on our Global 2000 composite ranking for sales, profits, assets and market value, Citic, a newcomer to the list, ranks 1740 in its Global 2000 debut.
In April, we revealed our Forbes Global 2000 list, the 2000 biggest companies in the world based on composite rankings for sales, profits, assets and market value.
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The chief executives of America's 500 biggest companies (as measured by a composite ranking of sales, profits, assets and market value) got an aggregate 54% pay raise last year.
We searched for big gaps between the consensus and SmartEstimate among members of the Forbes 2000--the world's largest companies measured by a composite ranking of sales, profits, assets and market value.
The Forbes Global 2000, our annual survey of the world's largest companies based on composite rankings for sales, profits, assets and market value, had 191 new names joining the list in 2007.
We measure corporate size using four measures--sales, market value, assets and profits--to produce a composite measure of bigness.
Ranking companies on a single metric, like sales, can be misleading, which is why Forbes uses a composite ranking, giving equal weight to sales, profits, assets and market value.
We add up the scores for all four metrics (equally weighted) and compile a composite score for each company based on their rankings for sales, profits, assets and market value.
An exception was the Shanghai Composite index, which ended the day 1.8% higher, largely due to a surge in the value of energy companies, including a 10% jump in China Shenhua Energy Company.
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