Google's enterprise multiple, the ratio of market cap plus debt to operating earnings (Ebitda, that is), is 33, compared with an industry average of 18 (where Yahoo is).
This number dictates the ratio between the pen cap and visible portion of the barrel.
Euro aspirants must show that they can keep their budget deficits below 3% of GDP and cap their debt ratio at 60%.
ECONOMIST: The financial crisis has made the euro look more alluring
The price earnings ratio for the Russell 2000 small-cap benchmark today stands at approximately 12.6x versus its long-term average of 15.4x.
FORBES: The Small-Cap Contrarian Bull Case And 4 Stocks To Play It
Take for example how attractive small-caps have become: the price earnings ratio for the Russell 2000 small-cap benchmark was recently 12.6x versus its long-term average of 15.4x.
Selling for a ratio of six times enterprise value (market cap plus long-term debt) to EBITDA cash flow (earnings before interest, taxes, depreciation and amortization), Cemex looks cheap.
Other examples of profligacy are too numerous to detail but suffice that SandRidge has, by a large margin, at over 7.1% of its market cap, the largest general and administrative expense ratio of all its peer group.
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With a 0.4% expense ratio, the Guggenheim ETF is also pricier than typical market-cap-weighted ETFs.
He says the U.S. can either change the ratio of preferences for family-based immigration or raise the hard cap on people who bring investment or skills into the country.
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When the ratio is as high as 1.155, the market is signaling that small cap is relatively expensive and large cap relatively cheap.
FORBES: When large cap is relatively cheap it will outperform small cap
And when the ratio is as low as 0.911, one standard deviation, the market is signaling that small cap is relatively cheap and should outperform in the coming months.
FORBES: When large cap is relatively cheap it will outperform small cap
The AmSouth Small Cap Growth Fund, with a 5.5% load and 1.6% expense ratio, has beaten the Target Small Capitalization Growth Fund, which is a no-load and charges 1%.
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