The focus of analyses is on relative valuations at different points in the life cycle using scaling techniques developed within social psychology.
"We think that this stock can still benefit from not only an increase in earnings but also an improvement in its absolute and relative valuation."
"I've never seen relative valuations in a sector as low," he said.
Instead, they prefer to base their moves on relative valuations.
The handbook relies on an original system of relative valuation.
Market watchers who try to determine the relative valuations of stocks and bonds are puzzled, too.
Look at the relative valuation of risky stocks: their valuations never contracted.
The social discount rate is a reflection of a society's relative valuation on today's well-being versus well-being in the future.
Every day capital becomes more mobile, so those relative valuations matter.
So we're able to find companies with superior fundamentals at low relative valuations.