The P/E ratio is not an effective measure of a company's valuation in our view, which is primarily based on its net cash position and future free cash flow expectations. AT&T has a large net debt ...
In Oscar Wilde’s Lady Windermere’s Fan, a cynic is described as "a man who knows the price of everything and the value of nothing" while a sentimentalist is "a man who sees an absurd value in ...
Understanding the diverse ways in which the natural world provides value aids informed policy decisions. The generation of a detailed catalogue of this diversity, and ways to assess values, paves the ...