I'm trying to understand the concept of price per fair value. Could you explain what it means and how it's used in financial analysis or investing?
6 answers
CryptoChieftainGuard
Sun Oct 27 2024
Investors often rely on the price/fair value ratio to assess the trading status of stocks.
TaegeukWarrior
Sat Oct 26 2024
The calculation of this ratio is straightforward.
henry_taylor_architect
Sat Oct 26 2024
This ratio compares the current market price of a stock to its fair value estimate.
BitcoinWizardry
Sat Oct 26 2024
It involves dividing the stock's price by its fair value estimate, both of which are based on the most recent market close day.
Valentino
Sat Oct 26 2024
The fair value estimate is determined by Morningstar's equity analysts.