That's a decision of the management of the company and we have to understand how they make that decision and what that means to people who are valuing stocks.
这是公司管理层的决定，我们必须了解他们，是如何做这个决定，以及这个决定对股评家的意义？
By using a lot of stocks, it is saying the JNJ is not valuing its own business that valuable.
使用这么多股票，这就表示强生不认为他们自己的生意值这么多钱。
Mr. Dator, though he isn't a bull on bank stocks, is skeptical of using book value because he says valuing assets is a subjective exercise.
虽然达托尔不看好银行股，但他对以帐面价值为衡量标准持怀疑态度，他认为资产评估是一个主观过程。
The novelty of these stocks, combined with the difficulty of valuing the companies, sent many stocks to dizzying heights and made the initial controllers of the company wildly rich on paper.
这些股票的新奇性，加上公司难以估价，把许多股票推上了令人瞠目结舌的高度，并令公司的原始控股股东纸面富贵。
The novelty of these stocks, combined with the difficulty of valuing the companies, sent many stocks to dizzying heights and made the initial controllers of the company wildly rich on paper.
这些股票的新奇性，加上公司难以估价，把许多股票推上了令人瞠目结舌的高度，并令公司的原始控股股东纸面富贵。
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