As chart 3 shows, Wall Street got back to an average valuation by the March lows, but never looked particularly cheap by historical standards.
如表3所示，华尔街在3月低点时回到平均估值区，但从历史标准来看，从来就没有进入低估区间。
This is a lower risk situation, but it may take a long time before the market adjusts the stock's valuation.
这是一种风险更低的情况，但是或许要花很长时间市场才会调整该股票的估值。
But too much of the debate is still around financial valuation, as opposed to the underlying intrinsic value of the best of Silicon Valley's new companies.
然而对于那些硅谷最优秀的企业，大多数争论始终围绕着财务评估，而非其内在价值。
But he noted that the Hang Seng's valuation? With prices around 21 times earnings? Was still well below the heights hit by US stocks in the dotcom boom.
但他指出，恒生指数的估值(市盈率大约21倍)依然低于美国股市在网络泡沫时期的峰值水平。
But this does put investors in control.The headline valuation number matters much less than some of the term's details, specifically the liquidation preference.
但这确实使得投资者获得了控制权，因此重要的估值数字，其重要性远低于一些条款细则，特别是清算优先权。
But this does put investors in control. The headline valuation number matters much less than some of the term's details, specifically the liquidation preference.
但这确实使得投资者获得了控制权，因此重要的估值数字，其重要性远低于一些条款细则，特别是清算优先权。
But it struggled to agree on a valuation of Prodeco with Xstrata, and would presumably face the same problem with its other assets-meaning a merger would be tricky to negotiate.
但是它非常同意Prodeco对于斯特拉塔的估价，并且它可能会面临与其它资产相似的问题，这意味着并购也许要进行复杂的商讨。
But, the registration statement filed with the Securities and Exchange Commission does detail what Kayak deems is its valuation.
但是，上交给美国证券交易委员会的申请文件则详细说明了Kayak对IPO的估值。
The current valuation is completely irrational, but as Keynes so correctly noted, the market can stay irrational longer than you can remain solvent.
微软当前的估值完全是非理性的，但正如凯恩斯(Keynes)所言，在市场回归理性之前，你很可能已经破产了。
But, another financial analyst argued that the valuation has credibility based on Kayak's international growth potential.
但是，另一位金融分析师认为，根据Kayak在国际市场上的增长潜力，这个估值是可信的。
But if the deal looks extremely expensive based on pure fundamentals and valuation metrics the other perks and strong growth prospects could make this deal look nicely priced in the end.
如果从单纯的理论角度和价值分析来看，这次交易是太昂贵，但是从额外利益和强劲增长前景来看，这样的出价是很明智的。
But reaching a sensible valuation of the two marques, which Ford says must be sold together because their operations have become so tightly integrated, is not proving easy.
福特要求两个品牌一起出售因为它们的运营早已紧密地结合在一起，但对两个品牌的合理报价取得共识并不是件简单的事。
We comment on a few factors that have helped Sohu recover its valuation, but take a conservative step here after Sohu shares have rallied nearly 50% from their lows.
我们对几个有助于搜狐恢复市值的因素做出了评价，但是搜狐股价从低位上涨近50%后，我们给出了保守的评级。
But the glaring weakness of the proposal is its reliance on debtholders' willingness to accept less than eight cents on the dollar on even the most optimistic equity-valuation assumptions.
但是该提议最明显的弱点在于，即便在最为乐观的股权价值预计情况下，债券持有者是否愿意接受少于8%的协议。
In the short term, the USD could continue to depreciate against the GBP and EUR, but these currencies look increasingly expensive on valuation terms.
短期而言，美元还会对英镑和欧元贬值，不过从估值角度来看这些货币已经越来越昂贵。
But at the end of the day, it comes back to those three principles: balance sheets, return on capital and valuation.
但一天结束的时候，它又会转回三个原则：资产负债表、资产回报和估值。
But in the economic evaluation to the gas reserves, we are always difficult to carry on the accurate valuation because of lacking the related material.
而油气田在对天然气储量经济性评价中，由于受资料的限制，往往难以进行准确的评价。
There was no context, but there was immediate reaction: Traders dumped Boeing shares, causing a temporary 1 percent drop in the Chicago-based company's valuation.
但却立刻引发了一系列反应：交易者们纷纷抛售波音股份，导致这家位于芝加哥的公司市值暂时缩水了1。
But this leads immediately to overbidding, because risk-neutral equilibrium bidding entails a great deal of shading: a buyer will bid only one-half her valuation.
不过其直接的结果就是喊价过高，因为风险-中性的竞标者在均衡时的喊价要求作相当程度的削减：竞标者的喊价只能是其评价的一半。
But now in China, the theories and methods of human capital valuation are faultiness, and these is not a unified operating standard.
然而，当前我国企业人力资本价值评估的理论、方法还不成熟，也没有统一的操作标准。
But reaching a sensible valuation of the two marques which ford says must be sold together because their operations have become so tightly integrated is not proving easy.
福特要求两个品牌一起出售因为它们的运营早已紧密地结合在一起，但对两个品牌的合理报价取得共识并不是件简单的事。
But Rostan thinks that the "science" of valuation would supply Spiegel with the answers and help him decide which offers to consider and which to reject.
但罗斯坦认为，估值“科学”能为斯皮格尔提供答案，还能帮助他决定，到底应该考虑哪些收购建议，拒绝哪些。
But the road, from a valuation perspective at least, looks a lot more difficult for the new guy.
但至少从估值角度来看，这条路对于新的投资者来说变得更困难。
Analysts believe that, although experienced a sharp decline, but the valuation of a shares is still is one of the world the most expensive.
分析人士认为，虽然经历急剧下降，但A股估值仍然是世界上最昂贵的。
Mortgages are available in Morocco, but the most an overseas buyer can get is 50% of the valuation price.
抵押可在摩洛哥，但最能是海外买主50%的价格估价。
To Forecast mineral prices in mineral property valuation is difficult but also important.
在矿业权估价中预测矿产品价格的变化是相当困难且非常重要。
To Forecast mineral prices in mineral property valuation is difficult but also important.
在矿业权估价中预测矿产品价格的变化是相当困难且非常重要。
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